- 6 Beds
- 3 Baths
- 2,629 Sqft
- .12 Acres
721 E 42nd Place
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.
Essential Information
- MLS® #25595133
- Price$775,000
- Bedrooms6
- Bathrooms3.00
- Square Footage2,629
- Acres0.12
- Year Built1906
- TypeResidential Income
- StatusActive
Community Information
- Address721 E 42nd Place
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Amenities
- ParkingDriveway
- GaragesDriveway
- ViewCity Lights
- PoolNone
Interior
- CoolingNone
- # of Stories2
- StoriesTwo
School Information
- DistrictLos Angeles Unified
Additional Information
- Date ListedSeptember 19th, 2025
- Days on Market89
- ZoningLAR2
Listing Details
- AgentAaron Mejia
Office
Christie's International Real Estate SoCal
Price Change History for 721 E 42nd Place, Los Angeles, (MLS® #25595133)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $799,900 to $775,000 |
Aaron Mejia, Christie's International Real Estate SoCal.
Based on information from California Regional Multiple Listing Service, Inc. as of December 17th, 2025 at 6:25pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.