Los Angeles Multifamily Probate
1114 W 42nd St Los Angeles, CA 90037
For Sale
$962,500
Pending
MULTI_FAMILY - Los Angeles, CA
Property Size4,388 SF
Lot Size0.12 Acres
Days on Market245
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 Agency:
Equity Union
(424) 600-7620
Listed By:
Andrew Brody · License #01776328
(213) 909-9581
Added: Nov 21, 2025
Changed: May 13
Last Checked: Jul 24 at 11:06PM
MLS# 25618649
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.
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
NOI $73,313 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$930.9K
$814.5K – $1.09M
NOI $65,161 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
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
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.
