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4 Beds
6 Baths
2,984 sqft

$1,149,000

517 W 42nd, LOS ANGELES CA, 90037

Price per sqft$385.05
Built in1924
Property size2,984 sqft
Property typeMulti-family

Overview

Active

Listed Aug 4, 2026

Updated 8 days ago

NEW PRICE $1,149,000. 517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. At the new pricing, the property generates approximately $113,618 in current gross scheduled income, producing a 6.02% current cap rate and 10.14 GRM, with approximately 6.2% additional rent upside. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. The unit mix consists of four 1BR/1BA units and two studios across two buildings, including two larger townhouse-style one-bedroom units in the rear structure. Recent property cleanup includes repaired perimeter fencing and refreshed common areas. $191,500/unit. OM, rent roll, and financials available upon request. Contact listing broker for showing instructions.

$7,644/mo

Est. mortgage payment based on a $1,149,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26183901MR

Interior Features

Bedrooms
4
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Maintenance Expense
$5,511

Listed by Alexandro Colombo with Keller Williams Coastal Prop.
Listing Contact: 310-978-7950 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Black Label Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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