Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveDuplex

536 W 42nd Street

Los Angeles, CA, 90037

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$1,097,999

MLS: SR26054789

Beds

6

Baths

2

Sq Ft

1,983

Lot

0.10 ac

Year Built

1908

MLS #

SR26054789

Days on Market

37

Listed

Mar 12, 2026

Description

Seller motivated and willing to neogiate! Great property for a large family as this duplex can be converted from a duplex to a house as there is access from the front unit to the rear unit by a closed off hallway. Come and see this rare find in a hot and upcoming area that is a fully vacant legal house/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 or 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!

Location

Los Angeles, Los Angeles County, CA 90037

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Listed by: Anthony Alonzo · Casablanca Real Estate & Inv

Payment estimate

$7,927

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $109,800 · Loan: $988,199

%
Principal & Interest
$6,072
Property tax (1.25%)
$1,144
Homeowners insurance
$300
Mortgage insurance
$412
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $38,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90037 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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