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For SaleOpen House

$1,040,000

4,800 sqft$217/sqft27 days on market

259 W 42nd Street

Los Angeles, CA 90037

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

4,800

Square feet

1930

Built

Listing narrative

Description

RARE OPPORTUNITY TO OWN A FULLY VACANT, EXTENSIVELY RENOVATED FOURPLEX IN LOS ANGELES! An exceptional opportunity to own a beautifully remodeled fourplex with all four units delivered 100% vacant! This turnkey property has undergone extensive renovations, including a brand-new roof, updated plumbing and electrical systems, new windows, fresh stucco, and thoughtfully upgraded interiors throughout. One of the standout units is a beautifully appointed 2-bedroom, 1-bathroom residence, ideal for an owner-occupant, featuring stylish slim shaker cabinetry, elegant Taj Mahal countertops, and thoughtfully selected modern finishes. Enjoy the comfort of a newly renovated home while renting out the remaining three units to help offset your monthly mortgage payments. For investors, the rare combination of complete vacancy and extensive capital improvements presents an incredible opportunity to establish market rents from day one, without the complications of inherited tenants or costly renovations. The significant upgrades offer peace of mind and minimize anticipated near-term maintenance expenses. Whether you're looking to house hack by living in one unit and generating income from the other three, or seeking a turnkey multifamily investment with strong rental potential, this property offers exceptional flexibility and long-term upside. Four vacant units, extensive renovations, and the opportunity to live in style while your rental income helps pay the mortgage. A rare find in the Los Angeles market!

Listing agent (MLS): Luis Amaya · Listing brokerage (MLS): Realty ONE Group United

Property Details

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Price

$1,040,000

Beds

Beds n/a

Type

House

Home Size

4,800 sqft

Baths

Baths n/a

Lot Size

0.11 acres

Year

1930

Status

For Sale

Days on Market

27

$ / Sqft

$217

· 8% down, 7% APR, 30yr fixed

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Courtesy of Realty ONE Group United