Perfect to starter home with great potencial Near USC - High Upside Opportunity
Attention investors and developers!!! Secure this value-add property in a prime location near USC with strong rental demand and long-term upside.
This 2 Bed/1 bath home Property needs TLC is being sold as-is.
Situated in a high-demand rental area, this property is well-positioned for student housing, long-term rental, or future redevelopment. Buyer to verify all permits, usage and development possibilities.
Opportunities like this don't last, submit your offer today!
Under contract
Listed by: Century 21 Allstars • Jose Antonio Flores Hernandez • Contact: 323-854-3649
$599,900
1024 W 42nd Pl, Los Angeles, CA 90037
2beds
1,308sqft
:
Get pre-qualified$4,014/mo
Single Family Residence
Built in 1909
6,761 Square Feet Lot
$594,200 Zestimate®
$459/sqft
$-- HOA
What's special
Additional unpermitted rear unit
- 67 days |
- 271 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jose Antonio Flores Hernandez DRE #02055019 323-854-3649,
Century 21 Allstars,
Maria LaCorte DRE #02221830 562-413-6169,
Century 21 Allstars
Source: CRMLS,MLS#: DW26049012
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Entry/Foyer
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,308 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main Level
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,761 Square Feet
- Features: Level, No Landscaping
Details
- Parcel number: 5020026017
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $459/sqft
- Tax assessed value: $278,059
- Annual tax amount: $3,540
- Date on market: 3/16/2026
- Cumulative days on market: 67 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,FHA
Estimated market value
$594,200
$564,000 - $624,000
$2,612/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Contingent | $599,900$459/sqft |
Source:  CRMLS #DW26049012 Report a problem | ||
| 6/19/2026 | Listed for sale | $599,900$459/sqft |
Source: CRMLS #DW26049012 Report a problem | ||
| 5/4/2026 | Pending sale | $599,900$459/sqft |
Source: CRMLS #DW26049012 Report a problem | ||
| 5/2/2026 | Listing removed | $599,900$459/sqft |
Source: CRMLS #DW26049012 Report a problem | ||
| 4/17/2026 | Price change | $599,900-9.1%$459/sqft |
Source: CRMLS #DW26049012 Report a problem | ||
| 4/1/2026 | Listed for sale | $660,000+243.8%$505/sqft |
Source: CRMLS #DW26049012 Report a problem | ||
| 5/30/2003 | Sold | $192,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,540 +1.7% | $278,059 +2% |
| 2024 | $3,480 +1.8% | $272,608 +2% |
| 2023 | $3,419 +4.6% | $267,263 +2% |
| 2022 | $3,269 +1.5% | $262,024 +2% |
| 2021 | $3,220 -0.9% | $256,887 +1% |
| 2020 | $3,249 | $254,254 +2% |
| 2019 | $3,249 +6.3% | $249,270 +2% |
| 2018 | $3,056 | $244,383 +2% |
| 2017 | $3,056 +2.1% | $239,592 +2% |
| 2016 | $2,992 +2.7% | $234,895 +1.5% |
| 2015 | $2,913 +0.8% | $231,368 +2% |
| 2014 | $2,890 | $226,836 +2.5% |
| 2012 | -- | $221,384 +2% |
| 2011 | -- | $217,044 +0.8% |
| 2010 | -- | $215,423 -0.2% |
| 2009 | -- | $215,936 +2% |
| 2008 | -- | $211,703 +2% |
| 2007 | -- | $207,553 +2% |
| 2006 | -- | $203,484 |
| 2005 | -- | $203,484 +4% |
| 2004 | -- | $195,584 +33.4% |
| 2003 | -- | $146,613 +2% |
| 2002 | -- | $143,739 +4% |
| 2000 | -- | $138,158 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 7/10Menlo Avenue Elementary SchoolGrades: K-8Distance: 0.3 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.1 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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