Search
721 E 42nd St, Los Angeles, CA 90011
Image 2 for 721 E 42nd St, Los Angeles, CA 90011
Image 3 for 721 E 42nd St, Los Angeles, CA 90011
View Photos

721 E 42nd St Los Angeles, CA 90011

$427,500 Sold Price as of 12/30/2021
  • 2 Beds
  • 1.75 Baths
  • 1,278 Sq.Ft.
Sold
$427,500 Sold Price as of 12/30/2021 Refinance Your Mortgage
Map preview of 721 E 42nd St, Los Angeles, CA 90011

Property Overview: 721 E 42nd St Los Angeles, CA has 2 bedrooms, 1.75 bathrooms, 1,278 living square feet and 3,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity in a fantastic location! This duplex is perfect to live in one and rent the other or rent both for extra income. Each unit features 1 bedroom 1 bathroom. The front house has washer & dryer hookups and these units are separately metered for gas & electricity. The long driveway offers plenty of parking and leads to a detached 1 car garage. Located just minutes from Banc of California Stadium, LA Memorial Coliseum, California Science Center, USC, Staple Center, Downtown Los Angeles, museums, restaurants, parks, shopping centers, and more, plus easy access to the 110 FWY & 10 FWY.

Listed by ANGELA WHITEWAY | BRE #00818484 | SEVILLE PROPERTIES
Last checked: 4 minutes ago | Last updated: November 7th, 2023 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
3,999
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
IN21207726
City
Los Angeles
County
Los Angeles
Time on Site
1020 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,113
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,332
  • Net Operating Income: $15,532
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,800
  • New Taxes: $5,000
  • Trash: $0
  • Insurance: $703
  • Water/Sewer: $0

Property Details for 721 E 42nd St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Room Information
  • All Bedrooms Down, Kitchen, Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Paved, Driveway Level, Garage Faces Front, Garage - Single Door, Private, Tandem Uncovered
Lot Information
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5115004025
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: On 42nd Street Between Avalon Blvd and McKinley Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 721 E 42nd St

Last sold for $427,500 on December 30th, 2021

  • November, 2023

  • Nov 7, 2023

    Date

    Expired

    CRMLS: SB23075813

    $650,000

    Price

  • May 5, 2023

    Date

    Active

    CRMLS: SB23075813

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in a fantastic location! This duplex is perfect to live in one and rent the other or rent both for extra income. Each unit features 1 bedroom 1 bathroom. The front house has washer & dryer hookups and these units are separately metered for gas & electricity. The long driveway offers plenty of parking and leads to a detached 1 car garage. Located just minutes from Banc of California Stadium, LA Memorial Coliseum, California Science Center, USC, Crypto.com Arena, Downtown Los Angeles, museums, restaurants, parks, shopping centers, and more, plus easy access to the 110 FWY & 10 FWY.

  • November, 2021

  • Nov 8, 2021

    Date

    Pending

    CRMLS: IN21207726

    $550,000

    Price

  • November, 2020

  • Nov 7, 2020

    Date

    Sold

    CRMLS: IN20087576

    $340,000

    Price

  • Sep 14, 2020

    Date

    Pending

    CRMLS: IN20087576

    $400,000

    Price

  • Aug 21, 2020

    Date

    Active Under Contract

    CRMLS: IN20087576

    $400,000

    Price

  • Aug 14, 2020

    Date

    Active

    CRMLS: IN20087576

    $400,000

    Price

  • Aug 13, 2020

    Date

    Pending

    CRMLS: IN20087576

    $400,000

    Price

  • Aug 1, 2020

    Date

    Active Under Contract

    CRMLS: IN20087576

    $400,000

    Price

  • Jul 8, 2020

    Date

    Active

    CRMLS: IN20087576

    $400,000

    Price

  • Jul 7, 2020

    Date

    Hold

    CRMLS: IN20087576

    $400,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: IN20087576

    $400,000

    Price

  • Jun 8, 2020

    Date

    Active Under Contract

    CRMLS: IN20087576

    $400,000

    Price

  • May 11, 2020

    Date

    Active

    CRMLS: IN20087576

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON MARKET. BUYER DID NOT PERFORM! Another great value & investment opportunity! Property is 2 on a lot with a long driveway leading to a detached 1 car garage. Both units are 1 bedroom & 1 bathroom.

  • November, 2020

  • Nov 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $170,000

    Price

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: WS18103818

    $570,000

    Price

  • Sep 13, 2018

    Date

    Hold

    CRMLS: WS18103818

    $570,000

    Price

  • Jul 27, 2018

    Date

    Price Change

    CRMLS: WS18103818

    $570,000

    Price

  • May 4, 2018

    Date

    Active

    CRMLS: WS18103818

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own an income producing 3 unit property in the heart of Los Angeles near Exposition Park. Currently fully occupied featuring 2 detached buildings with recent upgrades. This income property has a upstairs/downstairs combo in the front and a detached separate 2 bedroom unit in the back. Tenant have been there a long time but respect the property and just received new flooring for the back and upstairs unit as well as a new water heater for the upstairs tenants.

Show More

Tax History for 721 E 42nd St

Assessed Value (2020): $32,902
Year Land Value Improved Value Assessed Value
2020 $12,301 $20,601 $32,902

Home Value Compared to the Market

This property vs the competition

721 E 42nd St sold on December 30, 2021 for 56.83% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $430.36 per/sqft which puts the price per square foot 45.59% lower than the current median sale per square foot for the city of Los Angeles.

About 721 E 42nd St

Detailed summary of property

721 E 42nd St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 2 bedrooms, 1.75 bathrooms, roughly 1,278 living square feet, and sits on an approximately 3,999 square foot lot. 721 E 42nd St was first listed on ArdentRealEstateGroup.com on September 22, 2021. The homeowner sold the property for $427,500. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 56.83% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 102 days, 721 E 42nd St has a days on market of 48 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 721 E 42nd St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 721 E 42nd St

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,278
Lot Size
3,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5115-004-025

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 721 E 42nd St

Nearby Homes for Sale

110 W 48th St, Los Angeles, CA 90037
$479,800
2 Beds
2 Baths
1134 Sq.Ft.
110 W 48th St
Los Angeles, CA 90037
247 E 69th St, Los Angeles, CA 90003
$450,000
2 Beds
0 Baths
1136 Sq.Ft.
247 E 69th St
Los Angeles, CA 90003
220 W Colden Ave, Los Angeles, CA 90003
$499,900
4 Beds
2 Baths
1529 Sq.Ft.
220 W Colden Ave
Los Angeles, CA 90003
5965 West Blvd, Los Angeles, CA 90043
$500,000
6 Beds
3 Baths
2135 Sq.Ft.
5965 West Blvd
Los Angeles, CA 90043
5200 S St Andrews Pl, Los Angeles, CA 90062
$499,000
4 Beds
3 Baths
2028 Sq.Ft.
5200 S St Andrews Pl
Los Angeles, CA 90062
909 W 60th St, Los Angeles, CA 90044
$489,900
3 Beds
3 Baths
936 Sq.Ft.
909 W 60th St
Los Angeles, CA 90044
3134 Fairmount St, Los Angeles, CA 90063
$479,900
5 Beds
2 Baths
1522 Sq.Ft.
3134 Fairmount St
Los Angeles, CA 90063
905 W 60th St, Los Angeles, CA 90044
$479,900
3 Beds
3 Baths
896 Sq.Ft.
905 W 60th St
Los Angeles, CA 90044
2103 Michigan Ave, Los Angeles, CA 90033
$499,000
5 Beds
2 Baths
1901 Sq.Ft.
2103 Michigan Ave
Los Angeles, CA 90033
3134 Fairmount St, Los Angeles, CA 90063
$479,900
5 Beds
2 Baths
1522 Sq.Ft.
3134 Fairmount St
Los Angeles, CA 90063

Recently Sold Homes Near 721 E 42nd St

726 E 42nd St, Los Angeles, CA 90011
$410,000 Last Sold Price
2 Beds
2 Baths
1205 Sq.Ft.
726 E 42nd St
Los Angeles, CA 90011
702 E 42nd St, Los Angeles, CA 90011
$941,914 Last Sold Price
8 Beds
4 Baths
3304 Sq.Ft.
702 E 42nd St
Los Angeles, CA 90011
686 E 42nd St, Los Angeles, CA 90011
$495,000 Last Sold Price
3 Beds
2 Baths
1357 Sq.Ft.
686 E 42nd St
Los Angeles, CA 90011
764 E 42nd St, Los Angeles, CA 90011
$685,000 Last Sold Price
7 Beds
4 Baths
2750 Sq.Ft.
764 E 42nd St
Los Angeles, CA 90011

Related Resources to 721 E 42nd St

New Listings in 90011
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Refi Quote