536 W 42nd Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
536 W 42nd Street
Los Angeles, California 90037
Property Price
SUMMARY
Analysis of 536 W 42nd Street, Los Angeles, California 90037 is currently available with a list price of $1,098,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1908, the property is in move-in condition following extensive interior and exterior upgrades by the owner. The units feature updated kitchens and bathrooms, modern flooring, and fresh paint, making it a turnkey investment. It meets the 'good' criteria as a well-maintained, renovated historic property with functional systems and no immediate renovation required.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is within walking distance to USC, BMO Stadium, and the LA Coliseum, positioning it perfectly for high-demand student housing or short-term rental opportunities.
- Turnkey Condition
Extensively upgraded inside and out and delivered fully vacant, this duplex offers immediate move-in readiness without the need for initial renovation capital.
- Investment Versatility
The dual-unit configuration supports multiple strategies, including house-hacking for owner-occupants, multi-generational living, or a high-yield portfolio addition.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The majority of assigned middle and high schools carry low ratings (1-3), which may deter long-term family tenants and impact resale appeal to certain demographics.
- Vintage Infrastructure
Originally built in 1908, the property may possess underlying maintenance requirements typical of century-old structures that upgrades alone may not fully mitigate.
- Market Value Appreciation
The current list price represents a substantial increase over the 2018 sale price of $375,000, requiring aggressive rental income to achieve a competitive cap rate.
About 536 W 42nd Street
Come and see this rare find in a hot and upcoming area that is a fully vacant legal duplex in move-in conditions within a walking distance to USC, the California Science Center, Star Wars Museum, BMO Stadium, Los Angeles Coliseum, lots of entertainment, and nearby freeways. Get ready for the 2028 Olympics that is coming to Los Angeles with several events happening nearby. The rear unit has been rented out to USC students for the last three years paying top dollar. The front unit has never been rented out and his owner occupied. Live in one unit and rent the other, rent out both, or this duplex would be perfect for a large family or two families living together but separate. The owner has spent lots to upgrade both units inside and out, and is ready for the buyer(s) that is looking for a good property with two good sized units, large bedrooms, full bathrooms, with a long driveway with plenty of parking, gated, and has a private rear yard for entertaining. Come and see this great property today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1908
- Lot Size
- 4,327 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
West Vernon Avenue Elementary School
Grades K-5 • 0.2 mi
Menlo Avenue Elementary School
Grades K-5 • 0.3 mi
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,983 | 2,419 | 30% |
| Lot Size | 4,327 | 5,409.5 | 15% |
| Price | $1.10M | $945.0K | 75% |
| Price per sq ft | $554 | $324 | 90% |
| Built year | 1908 | 1923 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 260 | 5% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,098,000
Initial Listing
Sold
Dec 11, 2018
$375,000
Public Record
Sold
May 8, 2007
$540,000
Public Record
Sold
Dec 7, 2000
$97,000
Public Record