972 E 42nd Place, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$1,098,000
972 E 42nd Place, Los Angeles, California 90011
0Bed
0Bath
3,790Sqft
5,234Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction: Built in 2020 from the ground up, offering modern construction standards, reduced immediate maintenance, and up-to-date features.
Top Cons:
Absence of Cooling System: The property description only mentions 'forced heat throughout' and does not specify a cooling system, which could be a significant drawback in the Los Angeles climate.
Compared to the nearby listings
Price:$1.10M vs avg $672.0K (+$426,000)88%
Size:3,790 sqft vs avg 2,042 sqft96%
Price/sqft:$290 vs avg $34123%
More Insights
Built in 2020 (5 years old).
Condition: This property is a new build from 2020, meaning all components are new or virtually new. The description highlights modern finishes such as dual-pane vinyl windows, granite countertops, wood cabinets, and tile flooring in the kitchen and bathrooms. The exterior, as seen in the images, also reflects its recent construction with a fresh appearance and artificial turf. While the listing notes 'forced heat' and doesn't explicitly mention a cooling system, the overall condition and age of the property align perfectly with the 'Excellent' criteria, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2020
Close
-
List price
$1.1M
Original List price
$1.25M
Price/Sqft
$290
HOA
-
Days on market
-
Sold On
-
MLS number
PW25169585
Home ConditionExcellent
Features
ViewNeighborhood
About this home
** EXCELLENT INVESTMENT OPPORTUNITY ** New build from the ground up in 2020. A MASSIVE 2-story building that BOASTS 3,790 sq/ft of living space on a 5,234 sq/ft lot. Both units are 5 bedrooms and 3 bathrooms. Each unit has its own single 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 & Bathrooms, carpeted bedrooms and forced heat throughout. The property includes artificial lawn for minimal maintenance and water usage. Please do not disturb the occupants. AGENTS bring your investors. AMAZING OPPORTUNITY to add to your portfolio or get started with a newer building.
Nearby schools
2/10
Harmony Elementary School
Public,•K-5•0.1mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.6mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.6mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.6mi
3/10
Trinity Street Elementary School
Public,•K-5•0.7mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.8mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.9mi
/10
Maple Primary Center
Public,•K-1•0.9mi
5/10
Dolores Huerta Elementary School
Public,•K-5•1.1mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.2mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.3mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.8mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.8mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.0mi
4/10
Norwood Street Elementary School
Public,•K-5•2.3mi
2/10
John W. Mack Elementary School
Public,•K-5•2.4mi
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•0.9mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.3mi
4/10
John Adams Middle School
Public,•6-8•1.4mi
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•1.6mi
3/10
Manual Arts Senior High School
Public,•9-12•1.9mi
4/10
West Adams Preparatory High School
Public,•9-12•2.9mi
Price History
Date
Event
Price
10/08/19
Sold
$385,000
Condition Rating
Excellent
This property is a new build from 2020, meaning all components are new or virtually new. The description highlights modern finishes such as dual-pane vinyl windows, granite countertops, wood cabinets, and tile flooring in the kitchen and bathrooms. The exterior, as seen in the images, also reflects its recent construction with a fresh appearance and artificial turf. While the listing notes 'forced heat' and doesn't explicitly mention a cooling system, the overall condition and age of the property align perfectly with the 'Excellent' criteria, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons
Pros
New Construction: Built in 2020 from the ground up, offering modern construction standards, reduced immediate maintenance, and up-to-date features.
High-Yield Duplex Investment: A massive 2-story duplex with two spacious 5-bedroom, 3-bathroom units, each with its own garage, presenting an excellent opportunity for significant rental income.
Generous Living Space: Boasts 3,790 sq/ft of living space, providing ample room for tenants and enhancing rental appeal, especially for larger families or shared living arrangements.
Modern Interior Finishes: Equipped with dual-pane vinyl windows, granite countertops, wood cabinets, and tile flooring in key areas, offering an attractive and durable living environment.
Low Maintenance Exterior: Features artificial lawn, significantly reducing water usage and ongoing landscaping maintenance costs for the owner or tenants.
Cons
Absence of Cooling System: The property description only mentions 'forced heat throughout' and does not specify a cooling system, which could be a significant drawback in the Los Angeles climate.
Recent Price Reduction: The list price has been reduced from $1.25M to $1.098M, indicating potential market resistance or an initial overpricing, which may suggest a need for a quicker sale.
Occupied Property / Showing Limitations: The instruction 'Please do not disturb the occupants' implies the property is tenant-occupied, potentially complicating showings, inspections, and due diligence for prospective buyers.