$495,000 - 620 W 42nd Place, Los Angeles

  • 2Beds
  • 1Baths
  • 1,088SQ. Feet
  • 0.11Acres

Los Angeles Home For Sale

**** 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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces2
  • ParkingDriveway
  • # of Garages1
  • GaragesDriveway
  • PoolNone
  • SecurityWindow Bars

Additional Information

  • Date ListedNovember 19th, 2025
  • Days on Market72
  • ZoningLARD2
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #25620969
  • Price$495,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage1,088
  • Acres0.11
  • Year Built1921
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
  • Listing AgentRicardo Curtis
  • Listing OfficeJacob, Christopher & Lee Rlty

Interior

  • InteriorCarpet
  • Interior FeaturesBreakfast Area, Ceiling Fan(s)
  • HeatingWall Furnace
  • CoolingNone
  • FireplaceYes
  • FireplacesLiving Room
  • # of Stories1
  • StoriesOne

Community Information

  • Address620 W 42nd Place
  • AreaC42 - Downtown L.A.
  • SubdivisionStrong & Dickinsons Figueroa St Tr
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90037

School Information

  • DistrictLos Angeles Unified

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  • City:
    Los Angeles
  • Price Range:
    $50,000 - $170,000,000
  • Current Listings:
    3625
  • HOA Dues:
    $395
  • Average Price per Square Foot:
    $1,104

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Based on information from California Regional Multiple Listing Service, Inc. as of January 30th, 2026 at 11:21am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.