259 W 42nd Street, Los Angeles, CA

$1,040,000

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5

Beds

5

Baths

0.11

Acres

About 259 W 42nd Street

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!

Features of 259 W 42nd Street

MLS® # SB26221064
Price $1,040,000
Bedrooms 5
Bathrooms 5.00
Acres 0.11
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 259 W 42nd Street
Area LOS ANGELES (90037)
City Los Angeles
County Los Angeles
State CA
Zip Code 90037

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed October 12th, 2026
Days on Market 1
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty ONE Group United

Listing Map

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