721 E 42nd Place, Los Angeles, CA 90011
Local realty services provided by:CENTURY 21 Cornerstone
721 E 42nd Place,Los Angeles, CA 90011
$775,000
- 5 Beds
- 3 Baths
- 2,629 sq. ft.
- Multi-family
- Active
Listed by: aaron mejia
Office: christie's international real estate socal
MLS#:25595133
Source:CRMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$294.79
About this home
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.
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Home facts
- Year built:1906
- Listing ID #:25595133
- Added:83 day(s) ago
- Updated:December 12, 2025 at 11:28 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Living area:2,629 sq. ft.
Structure and exterior
- Year built:1906
- Building area:2,629 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$294.79
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