233 W 42nd 1, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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233 W 42nd 1
Los Angeles, California 90037
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,044Sq Ft
4,842Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$750,158
16% AboveMARKET VALUE
SUMMARY
This duplex presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned above the $750,159 Fair Market Value by 16%. While the property requires modernization, its Fair Condition Rating and 7-bedroom total capacity offer significant rental income potential. The inclusion of a Master Suite in the front unit enhances tenant appeal. This Residential Income asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage a multi-unit property for long-term wealth building in a central location.
Estimated Market Value
$750,158
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 233 W 42nd 1 Subject 0 bd · 0 ba · 2,044 sqft · $367 | $875,000* List Price | 0 | 0 | 2,044 | $367 | - |
A 708 W 40th Sold 0 bd · 0 ba · 2,295 sqft · $307 · 0.6 mi | $705,000 | 0 | 0 | 2,295 | $307 | 0.6 mi |
B 708 W 40th Sold 7 bd · 3 ba · 2,295 sqft · $307 · 0.6 mi | $705,000 | 7 | 3 | 2,295 | $307 | 0.6 mi |
C 961 W 47th Street Sold 0 bd · 0 ba · 2,772 sqft · $391 · 0.9 mi | $1,085,000 | 0 | 0 | 2,772 | $391 | 0.9 mi |
D 736 W 41st Place Active 7 bd · 4 ba · 2,369 sqft · $341 · 0.6 mi | $809,000 List Price | 7 | 4 | 2,369 | $341 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1906, the interior shows signs of a renovation that is likely 20-25 years old. The kitchen and bathrooms feature dated linoleum flooring, basic wood cabinetry, and visible wear on the walls. While functional and currently occupied, the property requires cosmetic updates and modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Capacity
With a total of 7 bedrooms across two units (4BR/2BA and 3BR/2BA), this duplex offers significant rental income potential or flexibility for large multi-generational families.
- Master Suite Feature
The inclusion of a dedicated master bedroom in the front unit is a rare and desirable feature for properties of this vintage, increasing tenant appeal and owner-user comfort.
- Strategic Investment Type
Classified as Residential Income in a central Los Angeles location, this property serves as a strong asset for investors looking to capitalize on the high demand for multi-unit housing.
CONSRISKS & DEFICIENCIES
- Historic Age
Built in 1906, the property may require significant maintenance or modernization of core systems like plumbing and electrical to meet contemporary building standards.
- Limited Aesthetic Appeal
The listing indicates no scenic views and a relatively compact lot size for two units, which may limit the available outdoor living space and overall curb appeal.
About 233 W 42nd 1
This property has 2 units, front Unit has 4Bd and 2 Baths, One of the bedrooms is Master Bedroom. Back Unit has 3 Bedrooms and 2 Bath. Property is shown by appointment only
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1906
- Lot Size
- 4,842 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,044 | 2,090.331 |
| Lot Size | 4,842 | 5,852.908 |
| Price | $875.0K | $830.9K |
| Price per sq ft | $428 | $394 |
| Built year | 1906 | 1928 |
| HOA | $0 | $0 |
| Days on market | 39 | 87 |
Pricing History
Listed for Sale
Oct 1, 2026
$875,000
Initial Listing
Sold
Oct 5, 2017
$499,000
Public Record
Sold
Apr 8, 2002
$95,000
Public Record