901 E 42nd, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$948,000$2,200/sqft
901 E 42nd, Los Angeles, California 90011
0Bed
0Bath
2,200Sqft
4,955Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is explicitly marketed as an income property and a duplex, offering immediate rental income potential for investors.
Top Cons:
Advanced Age of Property: Built in 1910, the property is over a century old, likely requiring significant updates to its infrastructure (plumbing, electrical, HVAC) and general modernization, which could lead to substantial capital expenditures.
Compared to the nearby listings
Price:$948.0K vs avg $699.0K (+$249,000)83%
Size:2,200 sqft vs avg 2,076 sqft55%
Price/sqft:$431 vs avg $34079%
More Insights
Built in 1910 (116 years old).
Condition: Despite being built in 1910, the property appears to have undergone significant recent renovations, making it move-in ready. Both kitchen units feature updated cabinets, countertops, and flooring (LVP), with one unit boasting modern stainless steel appliances and subway tile backsplash. Bathrooms are also updated with new vanities and subway tile shower surrounds. The exterior shows fresh paint and newer windows. While the underlying systems of a 1910 build may not be entirely new, the visible cosmetic updates are substantial and recent, indicating a well-maintained property with no immediate renovation required.
Year Built
1910
Close
-
List price
$948K
Original List price
$949K
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
SR25128347
Home ConditionGood
Features
View-
About this home
Fantastic Opportunity – Income Property in Prime South LA Location! Welcome to 901 E 42nd St, a well-maintained property offering excellent income. Situated in a high-demand rental area of Los Angeles, this property features units on a spacious lot with gated parking. The lot includes ample off-street parking and room for outdoor enjoyment or potential future expansion (buyer to verify with city). Conveniently located near Downtown LA, USC, public transportation, schools, and major freeways. Whether you're a first-time investor or looking to expand your portfolio, 901 E 42nd St offers strong rental upside and long-term value in a rapidly growing area. Don’t miss out – this income-generating property won’t last long! Property is tenant occupied. Please do not disturb tenants. Drive by only.
J
Jinny Macfarlane
Listing Agent
Nearby schools
2/10
Harmony Elementary School
Public,•K-5•0.0mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.1mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.4mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.5mi
3/10
Trinity Street Elementary School
Public,•K-5•0.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.8mi
/10
Maple Primary Center
Public,•K-1•0.8mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.8mi
5/10
Dolores Huerta Elementary School
Public,•K-5•1.0mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.2mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.2mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.5mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.7mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.9mi
4/10
Norwood Street Elementary School
Public,•K-5•2.2mi
2/10
John W. Mack Elementary School
Public,•K-5•2.3mi
3/10
George Washington Carver Middle School
Public,•6-8•0.3mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.2mi
4/10
John Adams Middle School
Public,•6-8•1.3mi
2/10
John Muir Middle School
Public,•6-8•2.3mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.9mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.5mi
5/10
Santee Education Complex
Public,•9-12•1.5mi
3/10
Manual Arts Senior High School
Public,•9-12•1.8mi
4/10
West Adams Preparatory High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
03/21/23
Sold
$799,000
03/14/22
Sold
$575,000
08/27/13
Sold
$356,500
08/03/10
Sold
$205,000
Condition Rating
Good
Despite being built in 1910, the property appears to have undergone significant recent renovations, making it move-in ready. Both kitchen units feature updated cabinets, countertops, and flooring (LVP), with one unit boasting modern stainless steel appliances and subway tile backsplash. Bathrooms are also updated with new vanities and subway tile shower surrounds. The exterior shows fresh paint and newer windows. While the underlying systems of a 1910 build may not be entirely new, the visible cosmetic updates are substantial and recent, indicating a well-maintained property with no immediate renovation required.
Pros & Cons
Pros
Income-Generating Duplex: The property is explicitly marketed as an income property and a duplex, offering immediate rental income potential for investors.
Prime Location & Accessibility: Situated in a high-demand rental area of South LA, with convenient access to Downtown LA, USC, public transportation, schools, and major freeways, enhancing tenant appeal and property value.
Development/Expansion Potential: The spacious lot provides room for outdoor enjoyment or potential future expansion, offering added value and flexibility for investors.
Strong Appreciation History: The sales history indicates significant value appreciation over the past decade, suggesting strong long-term investment potential in a rapidly growing area.
Gated Off-Street Parking: The property includes ample gated off-street parking, a valuable amenity in urban Los Angeles, providing security and convenience for tenants.
Cons
Advanced Age of Property: Built in 1910, the property is over a century old, likely requiring significant updates to its infrastructure (plumbing, electrical, HVAC) and general modernization, which could lead to substantial capital expenditures.
Restricted Access for Viewings: The property is tenant-occupied with a 'drive by only' policy, severely limiting a buyer's ability to conduct a thorough interior inspection and assess the true condition of the units.
Uncertainty of Expansion Potential: While expansion potential is mentioned, the caveat 'buyer to verify with city' places the entire burden and risk of due diligence on the buyer, which can be a deterrent for some investors.