Listing Agent: Ricardo Curtis      Broker/Office: Jacob, Christopher & Lee Rlty
620 42nd Place W Los Angeles CA 90037
$ 495,000
  2   |    1   |    1088 Sq Feet

Listing ID

#25620969

Status

Active

Property Type

Single Family Residence

Property Style

Traditional

County

Los Angeles

Neighborhood

Strong & Dickinsons Figueroa St Tr

Year Built

1921

Days on website

2

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
Financial Information
List Price:  $ 495000
Property Features
Flooring:  Carpet
Furnished:  Unfurnished
High School District:  Los Angeles Unified
Levels:  One
Parking Features:  Driveway
Property Condition:  Fixer
Senior Community YN:  false
Sewer:  Other
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C42 - Downtown L.A.
City:  Los Angeles
Listed By:   Ricardo Curtis   Jacob, Christopher & Lee Rlty 
CA Lic#