Property listed by Jacob, Christopher & Lee Rlty, Ricardo Curtis 310-674-3863
620 W 42nd Place
Los Angeles, CA 90037
Beds
2
Baths
1
Square Ft.
1,088
$495,000
**** 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… Read More 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. Read Less
Listing Snapshot
Days Online
8
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
1,088
Lot Size
0.11 Acres
Year Built
1921
MLS Number
25620969
Additional Details
Building
Built in 1921, Living area: 1088.0, 1 storey, Levels: One
Cooling
None
Fireplaces
LivingRoom
Floors
Carpet
Garage
1 spaces
Heating
WallFurnace
Interior Features
BreakfastArea, CeilingFans
Lot
0.1103 acres, Dimensions: 40x120
Parking
1 open parking spaces, 2 total parking spaces, Driveway
Pool
None
Property
Fixer, RepairsMajor
Security Features
WindowBars
Taxes
Parcel Number: 5019014029, Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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