$ 495,000
-
$495,000
Price -
2
Bed -
1
Bath -
1,088
SqFt
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About the Listing CLW-X74490 - CLW-X66257
**** 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 Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces: Living Room
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Breakfast Area,Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 2
- Lot Dimensions: 40x120
- Zoning: LARD2
- Roof:
- Others: Fixer,Repairs Major
- Sewer: Other
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5019014029
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
620 W 42nd Pl Los Angeles, CA 90037
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