1042 W 62nd StreetLos Angeles, CA 90044

Multi-Family · 1,558 Sq. ft. | 0.13 Acres
$550,000 Active

1042 W 62nd Street Overview

Time on Site:
110 days
Visits:
0

*** BANKRUPTCY COURT SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE *** Great opportunity for investors, developers, or owner-users looking to add value. This duplex, each unit is 2 bedrooms and one bath, property features two separate units with individual front entrances and a spacious lot offering excellent potential.The property is currently mid-renovation, with much of the interior taken down to the studs. Framing, plumbing, and electrical rough-ins are visible, providing a great starting point for a buyer to complete the project and design the interior layout to their specifications. Both units offer open floor plans with fireplaces and large windows that bring in natural light.The generous backyard includes a large concrete area and a covered carport structure, providing ample parking and outdoor space. There may also be potential to further improve or expand the property (buyer to verify).Located in South Los Angeles with convenient access to major freeways, shopping, dining, and public transportation.

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1042 W 62nd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,558
  • Price/Sq.ft. $353
  • Lot 0.13 Acres

Details

General

Building Information

  • Year Built: 1921

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • Postal City: LOS ANGELES
  • Subdivision Name: Not Applicable

Community/Development

  • Community Features: Curbs,Sidewalks,Urban

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash
  • Parcel Number: 6003030004
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Bankruptcy Property

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1558.0

General Information

  • Common Walls: 1 Common Wall
  • Fireplace: Yes
  • Laundry Features: None
  • Levels: One
  • Spa Features: None
  • Spa: No
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Carport,Driveway,On Street
  • Parking Total: 4.0

Lot Information

  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.1333
  • Lot Size Area: 5807.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5807.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Carport: Yes
    • Pool Features: None
    • Pool Private: No

    1042 W 62nd Street Neighborhood

    Community

    90044 (Los Angeles) Demographics

    31
    Median Age
    19,464
    Population Density (per sq. mile)
    14%
    College Educated
    $39,434
    Estimated Median Income
    8,220
    Estimated Total Home Owners
    20,148
    Estimated Total Renters
    29% / 71%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1042 W 62nd Street Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1042 W 62nd Street Market Data

    Based on the last 30 days in this zip code

    $730,687
    Average List Price
    $493
    Average Price per Square Foot
    15
    Properties Sold
    117
    Average Days on Market
    198
    Properties for Sale
    Calculations provided by Reliance Network

    1042 W 62nd Street History

    Date Event Value Agent
    6/26/2026Source: CRMLS Status Change
    Active
    3/27/2026Source: CRMLS Status Change
    Active Under Contract
    3/11/2026Source: CRMLS Added to Database
    March 11, 2026
    Listing provided courtesy of Keller Williams RealtyBrian L Parsons- MLS# P1-26222MLS ProviderContact Information: [email protected] - (626) 204-3300
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