1139 E 42nd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $599,999—positioned well below the $523,954 Fair Market Value by -14%. While the property carries a Condition Rating of 5, the R2-zoned 6,654 sqft lot provides significant upside for developers. The duplex configuration allows for immediate rental income or a value-add renovation strategy. Given the urban density and local school ratings, this asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a full-scale rehabilitation to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1139 E 42nd Subject | $599,999* List Price | 0 | 0 | 1,500 | $349 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.7 mi |
B 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.3 mi |
C 904 E 52nd Active | $615,000 List Price | 2 | 2 | 1,542 | $399 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old) with no evidence of renovation. The property shows significant signs of neglect and safety concerns, including visible mold/water damage on bathroom ceilings, unfinished drywall in living areas, and original, heavily worn kitchens and bathrooms that require a full rehab.
The generous 6,654 square foot lot paired with R2 zoning offers significant upside for investors looking to add ADUs or explore future redevelopment opportunities.
With two spacious 2-bedroom units, this duplex is perfectly suited for 'house hacking' or as a dual-stream income property in a high-demand rental market.
Proximity to Downtown Los Angeles, major freeways, and public transportation hubs ensures a consistent tenant base and strong appeal for commuters.
The majority of local schools carry low performance ratings (2-3 out of 10), which may deter long-term family tenants and impact future resale value.
Located in a high-density area of South Los Angeles, the property may face typical urban drawbacks such as limited street parking and increased noise levels.
Investor & Developer Opportunity in South Los Angeles! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,500 square feet of living space on a generous 6,654 square foot R2-zoned lot. Whether you're looking to expand your rental portfolio, live in one unit while generating income from the other, or capitalize on the development potential, this property offers multiple paths to value. The large lot and favorable zoning present an excellent opportunity for investors and developers seeking future expansion or redevelopment possibilities. Conveniently located near major freeways, public transportation, schools, and employment centers, this is a rare chance to acquire an income-producing property with upside potential in a growing Los Angeles market.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,500 | 2,080 | 15% |
| Lot Size | 6,654 | 5,326 | 76% |
| Price | $600.0K | $760.0K | 27% |
| Price per sq ft | $400 | $349 | 70% |
| Built year | 1985 | 1922 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 214 | 3% |
Jun 1, 2026
$599,999
Initial Listing