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Residential Income - 259 W 42ND Street, Los Angeles, CA

$1,040,000

259 W 42ND Street, Los Angeles, CA

MLS# SB26221064

259 W 42ND Street, Los Angeles, CA 90037 - $1,040,000 · Multi-Family Home for Sale, photo 1 259 W 42ND Street, Los Angeles, CA 90037 - $1,040,000 · Multi-Family Home for Sale, photo 2 259 W 42ND Street, Los Angeles, CA 90037 - $1,040,000 · Multi-Family Home for Sale, photo 3 259 W 42ND Street, Los Angeles, CA 90037 - $1,040,000 · Multi-Family Home for Sale, photo 4 259 W 42ND Street, Los Angeles, CA 90037 - $1,040,000 · Multi-Family Home for Sale, photo 5
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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!

Property details

Year built
1930
Property type
Residential Income
Lot size
4,801 sqft

Location

259 W 42ND Street • Los Angeles, CA 90037

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Listing Agent

Luis Amaya

DRE #: 01721969

Brokerage: Realty ONE Group United

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CRMLS

MLS# SB26221064

Listed: 10/12/2026 6:29 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/18/2026 4:47 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Realty ONE Group United

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715