300 E 42nd Place, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
300 E 42nd Place
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 300 E 42nd Place, Los Angeles, California 90011 is currently available with a list price of $649,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, the property's exterior shows significant age and wear, including faded stucco, security bars, and general deterioration, indicating a lack of recent renovation for the main duplex units. While a permitted ADU has been completed, suggesting a newer component, the overall property condition, particularly for the 100+ year old duplex, likely requires substantial cosmetic updates and potential system upgrades. The absence of interior photos for the main units prevents a higher score, but the income generation suggests functionality, placing it above 'Poor' despite its advanced age.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
The property is currently generating a significant income of $5,900 per month, making it an attractive asset for investors seeking immediate cash flow.
- Multi-Unit Configuration with Permitted ADU
Comprising a duplex and a permitted Accessory Dwelling Unit (ADU), this property offers three distinct rental units, maximizing rental income potential and providing flexibility for various tenant types or owner-occupancy with supplemental income.
- Separate Utility Metering
The presence of two electrical and two gas meters allows for individual tenant billing for these utilities, reducing the owner's operating expenses and simplifying property management.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2, other record living area = 1884.
- Advanced Age of Property
Built in 1922, the property is over a century old, which may imply the need for significant capital expenditures for updating or replacing aging systems (e.g., plumbing, electrical, roofing) and potential deferred maintenance.
- Small Lot Size
With a lot size of only 1,886 square feet for three units, outdoor space, parking options, and future expansion possibilities are severely limited, which could be a drawback for some tenants or buyers.
About 300 E 42nd Place
Great Investment opportunity to star your portfolio in Good Area of Los Angeles. Perfect for homeowners and Investors. This is a Duplex with a permitted ADU, on 2,205 square feet of living space. for a total of Three Units. one unit is 2 bedrooms one bath, second unit is 3 bedrooms two bath, 2 electrical meter, 2 gas meter and one water meter. Owner pays water and Sewer. Tenants pay electricity and gas. The ADU was completed with permits and could provide certificate of occupancy. Property currently producing great income of $5,900 per months Don't miss this perfect opportunity to buy a great property to live in or just add to your portfolio. Property is located near urban amenities, Shopping center, school, and freeways.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 1,886 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ricardo Lizarraga Elementary School
Grades K-5 • 0.3 mi
Trinity Street Elementary School
Grades K-5 • 0.4 mi
West Vernon Avenue Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2 | 1,926 | 3% |
| Lot Size | 1,886 | 5,234 | 3% |
| Price | $649.0K | $699.0K | 41% |
| Price per sq ft | $324.5K | $373 | 97% |
| Built year | 1922 | 1912 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 231 | 3% |
Pricing History
Listed for Sale
Jan 20, 2026
$649,000
$699,000
-7% Price Drop
Initial Listing
Price Change
Jan 11, 2026
$699,000
$725,000
-4% Price Drop
Initial Listing
Price Change
Jan 9, 2026
$725,000
Initial Listing
Sold
Aug 6, 2013
$180,000
Public Record
Sold
Sep 25, 2003
$275,000
Public Record
Sold
Feb 8, 2001
$105,000
Public Record