948 E 42nd Place, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90011
This Modern 2020 Duplex represents a High-Potential Investment Opportunity with a List Price of $1,098,000, offering exceptional pricing stability at its $1,098,000 Fair Market Value. Boasting a Condition Rating of 2, this high-density asset features two massive 5-bedroom units equipped with Granite Countertops and Artificial Turf for minimal overhead. Situated on a Corner Lot with three garage spaces, the property ensures strong rental demand and rare parking capacity. This turnkey income producer is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a newer, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 948 E 42nd Place Subject | $1,098,000* List Price | 0 | 0 | 3,676 | $299 | - |
A 972 E 42nd Place Sold | $1,098,000 | 0 | 0 | 3,790 | $290 | 0.0 mi |
B 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.5 mi |
C 1192 E 48th St Active Under Contract | $1,000,000 List Price | 0 | 0 | 3,769 | $265 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and meets the highest quality standards for modern construction. The listing describes high-quality features including granite countertops, wood cabinetry, dual-pane vinyl windows, and forced air heating. The exterior images confirm a well-maintained, contemporary structure with minimal physical depreciation and low-maintenance landscaping.
Built in 2020, this massive duplex offers two 5-bedroom units, providing exceptional rental income potential and modern building standards that reduce the risk of immediate capital expenditures.
The property features artificial turf and durable interior finishes like tile flooring and granite countertops, specifically designed to minimize water usage and ongoing maintenance costs for investors.
Situated on a corner lot, the property includes both a single-car and a double-car garage, offering rare and highly desirable parking capacity for high-occupancy rental units in Los Angeles.
The property is sold as-is with tenants included and instructions not to disturb occupants, which limits immediate flexibility for owner-users and complicates the initial inspection process.
The majority of the assigned public schools in the immediate vicinity carry low ratings (2 to 3 out of 10), which may impact long-term appreciation and appeal to family-oriented tenants.
** AMAZING INVESTMENT OPPORTUNITY ** New build from the ground up in 2020. Very sought after income producing DUPLEX. A MASSIVE 2-story building that boasts 3,676 sq/ft of living space on a 5,483 sq/ft lot. A CORNER LOT. Both units are 5 bedrooms and 3 bathrooms. The property has a single car garage in the front of the property and a double car garage in the rear of the property. Amenities include for both units: Dual pane vinyl windows, granite counter tops, wood cabinets, tile flooring in the kitchen and bathrooms, carpeted bedrooms and forced heat throughout. The property has artificial lawn for minimal maintenance and water usage. Property is being sold as-is with the Tenants included. Tenants pay all utilities. Please do not disturb occupants. Agents bring your investors. AMAZING OPPORTUNITY TO add to your portfolio or get started with a newer building.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 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 | 3,676 | 2,040.5 | 91% |
| Lot Size | 5,483 | 5,307 | 66% |
| Price | $1.10M | $747.5K | 88% |
| Price per sq ft | $299 | $364 | 34% |
| Built year | 2020 | 1913 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 271 | 214 | 78% |
Dec 3, 2025
$1,098,000
Initial Listing
Jul 25, 2025
$1,250,000
Initial Listing
Oct 8, 2019
$440,000
Public Record
Dec 30, 1994
$235,000
Public Record