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620 42nd Place W Los Angeles CA 90037
Price $ 495,000
Listing ID 25620969
Status Active
Property Type Single Family Residence
County Los Angeles
Neighborhood Strong & Dickinsons Figueroa St Tr
Beds 2
Baths 1
House Size 1088
Year Built 1921
Days on website 3
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
MLS Area Major: C42 - Downtown L.A.
City: Los Angeles
Senior Community YN: false
Listed By:   Ricardo Curtis   Jacob, Christopher & Lee Rlty 
CA Lic#
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