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Los Angeles Multifamily Probate Sale

1114 W 42nd St Los Angeles, CA 90037

1114 W 42nd St, Los Angeles, CA, 90037
$962,500
Pending
For Sale
Claim this Listing
$962,500
Pending

MULTI_FAMILY - Los Angeles, CA

Property Size4,388 SF
Lot Size0.12 Acres
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 3:06 am

Property Features for 1114 W 42nd St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Bedrooms
4
Bathrooms
7
Rooms
Bathroom 5, Bathroom 7, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 3, Bathroom 4
Standard status
Pending
APN
5020-021-007
Size
4,388 SF
Lot size
0.12 Acres

Building Details

Year built
1922
Floors in Building
2
Number of units
4

Listing agent Andrew Brody License #01776328

Listing office Equity Union 11766 Wilshire Blvd Suite 100, Sherman Oaks, CA

Listing date Nov 21, 2025

MLS# 25618649 Listing URL

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

An 87.5% ownership interest in a multifamily property is available for purchase. The property, located in Los Angeles, CA, has a property size of 4388 square feet and sits on a lot of approximately 0.1162 acres. The zoning is LAR3. Note that the property is being sold AS IS, with no representations or warranties made by the seller. The seller has limited knowledge of the property and limited financial information is available. Buyers are responsible for conducting all investigations and due diligence. Court confirmation may be required.

Key Highlights

  • Probate sale with court confirmation required (March 13, 2026).
  • Fractional interest sale: Only 87.5% ownership interest is being sold.
  • Minimum overbid is $446,750.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $107.4k $24.48
− Vacancy −$2.7k −$0.61
EGI $104.7k $23.87
− OpEx −$31.4k −$7.16
NOI $73.3k $16.71
4,388 SF · lease $24.48/SF/yr · vacancy 2.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.05M
$916.4K – $1.22M (±1% cap)
NOI $73,313 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$930.9K
$814.5K – $1.09M (±1% cap)
NOI $65,161 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M (±1% cap)
NOI $120,356 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Acupuncture Spa & Massage Center HVAC Service Locksmith Bar & Pub (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - 87.5% ownership interest in Los Angeles multifamily property for sale.
Where is this quadplex located?
The property is located at 1114 W 42nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $962,500.
What are key features of this property?
This property features: Probate sale with court confirmation required (March 13, 2026).; Fractional interest sale: Only 87.5% ownership interest is being sold.; Minimum overbid is $446,750.
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