$495,000

620 W 42nd Place, Los Angeles, CA 90037

  • 2 beds |
  • 1 bath |
  • 1,088 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon4,805sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $455/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
November 19, 2025 at 06:00AM
Listing Office:
Jacob, Christopher & Lee Rlty : 310-674-3863
Listing Agent:
Ricardo Curtis : 310-674-3863
MLS ID:
25620969
  • General: Breakfast AreaCeiling Fan(s)
  • Flooring: Carpet
  • A/C: None
  • Heating: Wall Furnace
  • Fireplace: Living RoomFireplace
  • General: None
  • Style: Traditional
  • Pool: None
  • Parking: DrivewayParking spaces: 2
  • General: 1
  • Originating MLS: CRMLS_CL
  • School District: Los Angeles Unified
  • County: Los Angeles
  • Zoning: LARD25019014029
  • View: View
  • Sewer: Other
  • Source: CRMLS_CL

This listing courtesy of Ricardo Curtis, Jacob, Christopher & Lee Rlty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Vernon Avenue Elementary

4312 S Grand Ave, Los Angeles, CA, 90037

Grades KG-5

0.28 miles away

W

William Jefferson Clinton Middle School

3500 S Hill St, Los Angeles, CA, 90007

Grades 6-8

0.98 miles away

M

Manual Arts High School

4131 S Vermont Ave, Los Angeles, CA, 90037

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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