2601 W. 42nd St. presents the opportunity to acquire a well-maintained 6-unit apartment building located in a desirable Los Angeles neighborhood. Situated on a 7,369 square foot corner lot at the intersection of W. 42nd St. and 4th Ave., the property offers strong curb appeal, practical unit layouts, and attractive in-place fundamentals that support long-term investor value. The property consists of six spacious 1-bedroom / 1-bath units totaling approximately 5,872 rentable square feet. The uniform unit mix provides operational simplicity, while the generous floorplans appeal to a broad tenant base seeking functional living space in an established rental market. Current ownership has completed several notable capital improvements, including new roof (2026), new exterior paint, upgraded exterior lighting, updated building and unit numbers, and interior remodeling of five out of the six units. These upgrades enhance both the physical presentation of the asset and its overall tenant appeal, while reducing near-term capital expenditure needs for a new owner. The property also benefits from a highly efficient expense structure, as it is separately metered for water and gas, and features residential trash service paid directly by tenants. In addition, the building offers six single-car garages, a valuable amenity that provides convenience for tenants and further strengthens the property’s rental appeal. With its corner parcel location, remodeled unit interiors, strong utility setup, and garage parking, 2601 W. 42nd St. offers investors the opportunity to acquire a stable multifamily asset with both immediate income characteristics and long-term upside potential.
Property Details
Price:
$1,295,000
MLS #:
26666015
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Mar 18, 2026
Finished Sq Ft:
5,872
Total Sq Ft:
5,872
Lot Size:
7,355 sqft / 0.17 acres (approx)
Year Built:
1939
See this Listing
Schools
Interior
Appliances
GD, RF, GR
Heating
WL
Interior Features
CF
Laundry Features
NO
Levels
S
Exterior
Common Walls
_1CW
Direction Faces
W
Garage Spaces
6
Parking Spots
6
Parking Total
6
View
NO
Financial
Map
Community
- Address2601 W 42nd ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 04, 2026
10,139
Single Family Listed
89
Avg DOM
496
Avg $ / SqFt
$1,532,972
Avg List Price
Property Summary
- 2601 W 42nd ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90008. It is listed for $1,295,000 and features 6 beds, 6 baths, and has approximately 5,872 square feet of living space, and was originally constructed in 1939. The current price per square foot is $221. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,532,972.
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2601 W 42nd ST
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