Properties

Los Angeles, CA 90008 2601 W 42nd Street

2601 W 42nd Street Los Angeles, CA - Image 12601 W 42nd Street Los Angeles, CA - Image 22601 W 42nd Street Los Angeles, CA - Image 3
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2601 W 42nd Street Los Angeles, CA - Image 42601 W 42nd Street Los Angeles, CA - Image 52601 W 42nd Street Los Angeles, CA - Image 62601 W 42nd Street Los Angeles, CA - Image 7
Presented By: Sam Grayeli with BRC Advisors- BH;
  • MLS# 26666015
  • 03/17/2026
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  • Beds • 6
  • Baths • 1
  • SQFT • 5,872
  • Garage • 6

Home Details

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.
Presented By: Sam Grayeli with BRC Advisors- BH;

Interior Features for 2601 W 42nd Street

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Common Walls1 Common Wall
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesNone
Total Stories

General for 2601 W 42nd Street

Additional Parcels Y/NNo
AppliancesDisposal, Gas Range, Refrigerator
Buyer FinancingConventional
Cap Rate6.97
CityLos Angeles
CountyLos Angeles
DirectionsFrom Crenshaw Blvd, go west on W 42nd St to subject property. Property is near the intersection of W 42nd St and 4th Ave in Leimert Park.
Facing DirectionWest
Full Baths
Garage Spaces6
Garage Y/NYes
Gross Income130773
HOANo
HeatingWall Furnace
LevelsMulti/Split
Listing TermsConventional
Living Area5872
Lot Size Square Feet7355
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
Net Operating Income90292
New ConstructionNo
Number Of Units Total6
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewNone
Year Built1939
ZoningLAR3

Exterior for 2601 W 42nd Street

Building Area Total5872
Lot Size Acres0.1688
Lot Size Area7355
Number of Buildings1
Total Parking6

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,295,000
MLS#26666015
List Date 03/17/2026
Property Type Multi-Family
Phone 888.795.6274
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