For sale · Active

259 W 42ND Street

Los Angeles, CA 90037

$1,040,000
Lot size0.1102 acres
Property typeQuadruplex
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Listing broker / agent: Realty ONE Group United · Luis Amaya · 310-415-1784 · CRMLS

MLS # SB26221064 · Last checked Nov 14, 2026 23:32 UTC

About this property

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!

Property details

MLS number
SB26221064
Status
Active
Type
Residential Income
Subtype
Quadruplex
Lot size
0.1102 acres
Reported private pool
No
Year built
1930
Stories
1
More property detailsExpandCollapse

Listing

Days on market
33

Building

Year built
1930
Year built source
Assessor
Stories
1
Building stories
1
Levels
One
Entry level
1
Condition
Updated Remodeled, Turnkey

Rooms & interior

Cooling
None
Fireplace
None
Laundry
Inside

Exterior & parking

Total parking spaces
0
Garage spaces
0
Parking
Driveway
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Curbs, Park, Suburban, Sidewalks

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Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
West Vernon Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.2 mi
Wallis Annenberg High (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.3 mi
Accelerated (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–8 0.3 mi
Global Education Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–8 0.3 mi
Accelerated Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–6 0.4 mi
Alliance Patti And Peter Neuwirth Leadership Academy (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.5 mi
Gabriella Charter 2 (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–8 0.6 mi
Trinity Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles 2–5 0.6 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,040,000
MLS-reported original asking price
$1,040,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 12, 2026 20:46$1,040,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Los Angeles

Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings3,800Current authorized inventory
Median asking price$1,099,0003800 listings with a valid price
Median asking price / sq ft$609.441357 listings with confirmed sq ft
Median days on market353800 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction654
Listings with an increase23

670 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-15 01:32 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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