317 E 42nd Pl, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 1 bath
317 E 42nd Pl
Los Angeles, California 90011
Property Price
SUMMARY
Analysis of 317 E 42nd Pl, Los Angeles, California 90011 reveals a Prime Investment Opportunity with a current list price of $537,000—significantly undercutting the $564,365 Fair Market Value by 4%. This valuation gap indicates a +$27,365 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 317 E 42nd Pl Subject | $537,000* List Price | 3 | 1 | 1,242 | $454 | - |
A 120 E 47th Sold | $551,000 | 3 | 1 | 1,120 | $492 | 0.5 mi |
B 244 E 43rd Place Sold | $545,000 | 2 | 1 | 1,040 | $524 | 0.2 mi |
C 4010 Wall Active | $500,000 List Price | 2 | 1 | 1,008 | $496 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Originally built in 1911, the property is significantly outdated and requires substantial rehabilitation. The kitchen and bathroom feature aged fixtures and cabinetry that do not meet modern standards. The listing's focus on 'unlocking potential' and targeting investors, combined with the age of the structure, suggests that major systems such as electrical, plumbing, and HVAC likely require replacement or significant repair.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Located in a rapidly growing neighborhood, this property presents a significant opportunity for investors or first-time buyers to build equity by modernizing a home with 'untapped potential'.
- Functional Outdoor Space
The generous 3,599 sq. ft. lot features a private yard, offering a rare urban retreat for gardening, outdoor entertaining, or potential future expansion.
- Strategic Location
The property boasts excellent accessibility, situated near multiple schools, local parks, and major freeway on-ramps for convenient commuting across Los Angeles.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Originally built in 1911, the home likely requires substantial updates to its structural systems and interior finishes to meet contemporary living standards.
- Limited Bathroom Ratio
The 3-bedroom to 1-bathroom configuration may be a drawback for modern families or multi-tenant arrangements, potentially limiting its rental or resale appeal.
About 317 E 42nd Pl
Amanzing opportunity to own a 3 bedroom, one bath House. This property is perfect for firs time buyer or investor looking for value in a rapidly growing neighborhood. The home features a cozy 3 bedrooms 1 bath home offering 1,242 sq.ft. of living space on a generous 3,599 sq.ft. lot. Private yard with room to garden or entertain. Convenietly located near school, parks,and easy freways access. This home is ready for Its next owner to unlock Its full potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 3,599 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
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
Harmony 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 1,242 | 1,138.5 | 62% |
| Lot Size | 3,599 | 4,433.5 | 24% |
| Price | $537.0K | $565.0K | 35% |
| Price per sq ft | $432 | $511 | 29% |
| Built year | 1911 | 1910 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 174 | 3% |
Pricing History
Listed for Sale
Feb 18, 2026
$537,000
Initial Listing