721 E 42nd Place
Los Angeles, CA 90011 • 5 Bed • 3 Bath • 2,629 sq.ft.

Property summary

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.

Days on market: 0

Listing updated: September 20, 2025 - 12:26:09

Property details

Property ID
25595133
Size
2629 sq.ft.
Home Type
Residential Income
Year Built
1906
Property Size
0.1189 acre
Garage
Levels
2
Spa
None
Patio
No
Basement
No
View
City Lights
Pool
None

Listed by: Aaron Mejia DRE #01896881 424-249-7162, Christie's International Real Estate SoCal - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X83391 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
3
Kitchen
N/A
Cooling
None
Heating
N/A
Flooring
N/A
Laundry
N/A
$799,900
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-09-23 23:45:20 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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