901 E 42nd, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$949,000
901 E 42nd, Los Angeles, California 90011
0Bed
0Bath
2,200Sqft
4,955Lot
Year Built
1910
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25128347
Home ConditionFair
Features
Patio
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.
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
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,200 | 1,988 | 60% |
| Lot Size | 4,955 | 5,363 | 24% |
| Price | $949K | $710K | 88% |
| Price per square foot | $431 | $349 | 76% |
| Built year | 1910 | 1922 | 40% |
| HOA | |||
| Days on market | 150 | 167 | 36% |
Condition Rating
Fair
The property was built in 1910. The kitchens appear to have been updated with new cabinets and appliances, but the bathrooms look dated. The presence of carpet in some areas and the overall aesthetic suggest a renovation that occurred some time ago, but the property has been maintained. It requires minor updates.
Pros & Cons
Pros
Income Potential: The property is an income-generating duplex in a high-demand rental area, offering excellent investment potential.
Prime Location: Located in South LA, near Downtown LA, USC, public transportation, schools, and major freeways, providing convenient access to amenities and employment centers.
Spacious Lot: The property features a spacious lot with ample off-street parking and room for outdoor enjoyment or potential future expansion.
Gated Parking: The property includes gated parking, enhancing security and tenant appeal.
Strong Rental Upside: The property offers strong rental upside and long-term value in a rapidly growing area.
Cons
Tenant Occupied: The property is tenant occupied, requiring coordination and potentially limiting immediate access for renovations or showings.
Age of Property: Built in 1910, the property may require ongoing maintenance and potential upgrades due to its age.
Drive-By Only: Limited access for viewing (drive-by only) restricts thorough inspection before making an offer.