721 E 42nd Place

Los Angeles , CA 90011

MLS#: 25595133

$799,900

Status: Active
Listing number: 25595133
Listing provided by: Christie's International Real Estate SoCal
Listing agent phone: None
Last update: an hour ago
New on site 1 day ago
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Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1906

Sq.Footage

2,629

Historic Los Angeles District Triplex. Situated adjacent to Exposition Park, University Park, and minutes from DTLA, this property offers an exceptional opportunity to expand your income property portfolio in a rapidly evolving neighborhood. The triplex features three spacious units totaling over 2,600 sq. ft. of living space on a 5,000+ sq. ft. lot: Unit #1: 3 bedrooms / 1 bath. Unit #2: 2 bedrooms / 1 bath. Unit #3: 1 bedroom / 1 bath. Centrally located near shopping, dining, entertainment, and major freeways/public transit, the property is just 7 minutes from USC and close to some of LA's most iconic attractions: LAFC Stadium, LA Memorial Coliseum, Natural History Museum, Rose Garden, Crypto.com Arena, and more. Each unit has separately metered gas and electric, providing convenience and income efficiency. Recent upgrades include: New roof, asphalt shingles, flashing, and roof vents. Fresh exterior paint on front units. Tankless water heaters. New insulation, James Hardie siding, and GM windows in the back unit. All work completed with permits. This property is ideal for investors seeking stable rental income with the upside of long-term neighborhood growth.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

  • View

    City Lights

Area & Lot

  • Lot Size(acres)

    0.1189

  • Property Type

    Residential Income

Price

  • Sales Price

    $799,900

  • Sq. Footage

    2, 629

  • Price/SqFt

    $304

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Other

  • Water Source

    Public

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Listing Courtesy of Aaron Mejia , Christie's International Real Estate SoCal

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Historic Los Angeles District Triplex. Situated adjacent to Exposition Park, University Park, and minutes from DTLA, this property offers an exceptional opportunity to expand your income property portfolio in a rapidly evolving neighborhood. The triplex features three spacious units totaling over 2,600 sq. ft. of living space on a 5,000+ sq. ft. lot: Unit #1: 3 bedrooms / 1 bath. Unit #2: 2 bedrooms / 1 bath. Unit #3: 1 bedroom / 1 bath. Centrally located near shopping, dining, entertainment, and major freeways/public transit, the property is just 7 minutes from USC and close to some of LA's most iconic attractions: LAFC Stadium, LA Memorial Coliseum, Natural History Museum, Rose Garden, Crypto.com Arena, and more. Each unit has separately metered gas and electric, providing convenience and income efficiency. Recent upgrades include: New roof, asphalt shingles, flashing, and roof vents. Fresh exterior paint on front units. Tankless water heaters. New insulation, James Hardie siding, and GM windows in the back unit. All work completed with permits. This property is ideal for investors seeking stable rental income with the upside of long-term neighborhood growth.

721 E 42nd Place

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