901 E 42nd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Renovated Income-Generating Duplex is listed at $948,000, representing a stable entry point near its $928,047 Fair Market Value. Boasting a Condition Rating of 3, the asset features modernized kitchens with stainless steel appliances and LVP flooring. Its prime location near USC and Downtown LA, combined with immediate proximity to Harmony Elementary and Thomas Jefferson Senior High, ensures consistent tenant appeal. With gated off-street parking and expansion potential, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 E 42nd Subject | $948,000* List Price | 0 | 0 | 2,200 | $422 | - |
A 456 E 43rd Place Sold | $935,000 | 0 | 0 | 2,640 | $354 | 0.4 mi |
B 4065 Wall Sold | $875,000 | 5 | 2 | 1,892 | $462 | 0.7 mi |
C 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.8 mi |
D 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.5 mi |
E 731 E 41st Place Active Under Contract | $1,045,000 List Price | 0 | 0 | 2,080 | $502 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
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.
The property is explicitly marketed as an income property and a duplex, offering immediate rental income potential for investors.
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.
The spacious lot provides room for outdoor enjoyment or potential future expansion, offering added value and flexibility for investors.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
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 | 2,200 | 2,040.5 | 63% |
| Lot Size | 4,955 | 5,261 | 28% |
| Price | $948.0K | $747.5K | 81% |
| Price per sq ft | $431 | $380 | 72% |
| Built year | 1910 | 1912 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 318 | 214 | 91% |
Nov 10, 2025
$948,000
Initial Listing
Jun 8, 2025
$949,000
Initial Listing
Mar 21, 2023
$799,000
Public Record
Mar 14, 2022
$575,000
Public Record
Aug 27, 2013
$356,500
Public Record
Aug 3, 2010
$205,000
Public Record