620 W 42nd Pl new

Los Angeles,CA 90037

$ 495000

2 Beds

1 Bath

1088 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,088 sqft

Price per Sqft $454

Subdivision Strong & Dickinsons Figueroa St Tr

MLS Listing ID 25620969

Style Traditional

Bedrooms 2

Full Baths 1

Year Built 1921

Lot Size 4,804 Sqft

Property Sub-Type Single Family Residence

Property Description

**** 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 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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD2

Rooms

Other Rooms None

Dining Room 1

Interior

Heating Wall

Cooling None

Flooring Carpet, Linoleum

Fireplaces Type Living Room

Equipment Ceiling Fan, Gas Dryer Hookup, Range/Oven

Laundry Laundry Area

Exterior

Parking Features Driveway, Garage Is Detached

Garage Spaces 2.0

Pool None

View Y/N Yes

View Walk Street

Roof Type Asphalt

Building

Story 1

Sewer In Street

Schools

School District Los Angeles Unified

Others

Special Listing Condition Probate Listing

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