1210 1212 42 Place, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Residential Income Duplex represents a Strong Value Opportunity with a List Price of $550,000—positioned well below the $579,631 Fair Market Value by 5%. This valuation gap offers $29,631 in Instant Equity for buyers. Currently holding a Condition Rating of 5, the 1912-built asset requires substantial rehabilitation and system modernization. However, the dual 3-bedroom layout provides significant rental upside in a dense Los Angeles market. This short-sale acquisition is a high-potential project for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1210 1212 42 Place Subject | $550,000* List Price | 0 | 0 | 2 | $289,816 | - |
A 300 E 42nd Place Active | $649,000 List Price | 0 | 0 | 2 | $324,500 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this short-sale duplex shows significant signs of deferred maintenance and age. The interior features outdated kitchens with worn cabinetry, old flooring, and aged wall heaters. Given the property's age and the visible condition of the fixtures and finishes, it requires substantial rehabilitation and modernization of major systems to meet current safety and quality standards.
SHORT SALE!!!! SUBJECT TO LENDER'S APPROVAL!!! Two units for sale in Los Angeles*** Excellent opportunity for first time buyers** Investors*** Front Unit 3 bedrooms 1 bathroom***Second Unit 3 Bedrooms 1 Bathroom.
No exterior & parking available.
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 | 2 | 1,974 | 3% |
| Lot Size | 6,037 | 5,326 | 70% |
| Price | $550.0K | $745.0K | 24% |
| Price per sq ft | $275.0K | $387 | 97% |
| Built year | 1912 | 1912 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 209 | 9% |
Feb 16, 2026
$550,000
Initial Listing