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$ 495,000
Est. payment /mo
Active
620 W 42nd Place Los Angeles, CA 90037
2 Beds
1 Bath
1,088 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $454
MLS Listing ID CL25620969
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1921
Lot Size 4,804 Sqft
Acres 0.1103
Property Sub-Type Single Family Residence
Property Description
**** Calling All Investors****Positioned in one of South Los Angeles' most desirable investment corridors, this property sits just minutes from USC, Exposition Park, the Coliseum, BMO Stadium, museums, transit, and the rapidly developing Figueroa/Expo area. Opportunities in this pocket don't come around often, especially with this level of upside. The home will require a substantial, top-to-bottom renovation. From systems to cosmetics, investors should anticipate a full rehab to unlock the property's true potential. For the right buyer, this becomes a rare chance to capitalize on strong rental demand, student housing opportunities, and long-term equity growth fueled by USC's ongoing expansion and the continued revitalization of Exposition Park. Whether you're building a rental portfolio or searching for your next project, this is a compelling value-add opportunity in a location where returns remain steady and consistently strong. Due to the property's condition, traditional financing will not be an option. This is a cash-only sale, ideal for investors ready to undertake a complete renovation.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Interior Features Breakfast Nook
Heating Wall Furnace
Cooling Ceiling Fan(s), None
Flooring Carpet
Fireplaces Type Living Room
Fireplace Yes
Exterior
Garage Spaces 1.0
Pool None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5019014029
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ricardo Curtis • Jacob, Christopher & Lee Rlty