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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 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.
| DAYS ON MARKET | 2 | LAST UPDATED | 3/18/2026 |
|---|---|---|---|
| YEAR BUILT | 1939 | COMMUNITY | PHHT - Park Hills Heights |
| GARAGE SPACES | 6.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| APPLIANCES | Disposal, Gas Range, Refrigerator |
|---|---|
| AREA | PHHT - Park Hills Heights |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7353 sq ft |
| LOT DIMENSIONS | 7355 |
| STORIES | Split/Multi Level |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/19/26 6:52 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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