917 E 42nd Street, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Residential Income Duplex represents a strategic Value-Add Asset in Los Angeles. Listed at $799,900, the price point sits above the $704,070 Fair Market Value, reflecting the high-density potential of the 3-bedroom front unit, 2-bedroom rear unit, and detached 2-car garage conversion. While maintaining a Condition Rating of 4 that requires capital expenditure for modernization, the 5,002 sqft lot, City Lights view, and proximity to Harmony Elementary School offer long-term appreciation potential. This acquisition is best suited for Buy-and-Hold Investors or Owner-Occupants looking to maximize rental ROI through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 917 E 42nd Street Subject | $799,900* List Price | 0 | 0 | 1,402 | $502 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.9 mi |
B 1363 E 49th Active | $850,000 List Price | 0 | 0 | 1,391 | $611 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1922. The images show aged kitchens and bathrooms. While the property appears to be maintained, it requires updates. The garage conversion also suggests unpermitted work, which could lead to code compliance issues.
The property is advertised as a great investment opportunity, suggesting potential for rental income or future appreciation.
The property features two separate units, providing immediate rental income potential.
A detached 2-car garage offers parking or potential for additional income if rented out separately.
Built in 1922, the property may require significant maintenance and upgrades due to its age.
The legality of the garage conversion into a living unit needs to be verified with local authorities.
The total square footage of 1402 sqft might be considered small for a multi-unit property, potentially limiting rental income.
Great Investment Opportunity. 2 units with a detached 2 car garage in the back of the property. Front Unit features 3 bedrooms and 2 full bathrooms. Back Unit features 2 bedrooms and 1 bathroom. Garage is converted into 1 bedroom, 1 bathroom and small kitchen. Long Driveway for multiple cars and small front yard.
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 | 1,402 | 1,974 | 12% |
| Lot Size | 5,002 | 5,288 | 33% |
| Price | $799.9K | $750.0K | 61% |
| Price per sq ft | $571 | $387 | 88% |
| Built year | 1922 | 1912 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 289 | 218 | 88% |
Jul 7, 2025
$799,900
Initial Listing
May 22, 2003
$235,000
Public Record
May 2, 2001
$156,000
Public Record