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Listed by Keller Williams Coastal Prop., Alexandro Colombo, Listing Contact: 310-978-7950 
2 Beds
4 Baths

$1,190,000

517 W 42nd, Los Angeles CA, 90037

Property typeMulti-family

Overview

Active

Listed Aug 21, 2026

Updated 4 weeks ago

517 W 42nd Place is a renovated six-unit multifamily property located just south of USC and Exposition Park. The property consists of four 1BR/1BA units and two studios across two separate buildings, including two larger townhouse-style one-bedroom units in the rear structure. Renovated in 2020 with updated kitchens, bathrooms, flooring, interiors, and exterior improvements. Current gross scheduled income is $113,618, producing a 5.77% current cap rate and 10.50 GRM at the asking price. The existing rent roll offers approximately 6.2% additional rent upside. One renovated one-bedroom unit is currently available for lease at $1,995/month.

$7,917/mo

Est. mortgage payment based on a $1,190,000 home price.

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

Additional information

MLS® ID
PW26183901

Interior Features

Bedrooms
2
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.11 Acres

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Data last updated 5:41 AM UTC, 9/3/2026

   

 

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