259 W 42ND Street
Property Overview
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!
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1930
- Lot size
- 4,801 sq ft
- Stories
- 1
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Parking
- Driveway
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Utilities
- Cooling
- None
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 259 W 42ND Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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