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517 W 42nd , Los Angeles, CA 90037
$1,129,000
Est. Payment: $5,886.38/mo
4 Bed
6 Bath
2984 Sqft
0.11 Acres
Status: active | Days on site: 73
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PB8089 - PWCOLALE
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Chris Heller
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House Description

NEW PRICE: $1,129,000 | 5.96% CURRENT CAP | $188,167 PER UNIT 517 W. 42nd Place is a fully occupied, renovated six-unit multifamily property in Los Angeles, offered at $1,129,000. At the new asking price, the property delivers a 5.96% current cap rate and 10.15 GRM, with approximately $111,200 in annual scheduled gross income. Renovated in 2020, the property consists of four one-bedroom units and two studios across two buildings, totaling 2,984 square feet on a 4,800-square-foot lot. Improvements include updated kitchens, bathrooms, flooring, interiors, and exterior work. The rear building is two stories with one unit on each floor. Gas and electricity are separately metered. All six units are occupied, including the recently leased final vacancy at $1,793 per month. The property offers approximately $9,480 in remaining annual rent upside based on current pro forma assumptions. At $188,167 per unit, the investment combines renovated physical condition, fully occupied income, and a manageable path to additional rental income. Located near USC and Exposition Park.
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Highlights

Listed by Alexandro Colombo , 310-978-7950 Keller Williams Coastal Prop. , 562-961-1400. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1924

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

PW26183901

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:6
Water:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,886
Taxes
$720

Home Price

$1,129,000

Loan Details

30 yrs
6.797%

Down Payment

20%
$225,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,886.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,886.38 $719.74 $0.00 $6,606.12
Yearly $70,636.60 $8,636.85 $0.00 $79,273.45
Total $2,119,098.06 $259,105.50 $0.00 $2,378,203.56

Today's Rates

30 Year

6.8%

20 Year

6.7%

15 Year

6.41%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-09T23:34:58.000Z

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