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1139 E 42ndLos Angeles, CA 90011

For Sale

$599,999

Smart Buyer Rebate $6,000

Investor & Developer Opportunity in South Los Angeles! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,500 square feet of living space on a generous 6,654 square foot R2-zoned lot. Whether you're looking to expand your rental portfolio, live in one unit while generating income from the other, or capitalize on the development potential, this property offers multiple paths to value. The large lot and favorable zoning present an excellent opportunity for investors and developers seeking future expansion or redevelopment possibilities. Conveniently located near major freeways, public transportation, schools, and employment centers, this is a rare chance to acquire an income-producing property with upside potential in a growing Los Angeles market.

Listed by Joshua Vigo-Fas

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License #02053839

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Luxury Collective

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310-694-5120

Last updated June 02, 2026

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Source: CRMLS #SR26118262

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Alameda
  • Days on Prevu15

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/01/2026
Listed by Luxury Collective
$599,999

Property Details for 1139 E 42nd

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories Total: 1
  • Year Built: 1985
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: front

Measurements

  • Building Area Total: 1,500
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,654
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,654
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5115027023

Other

Location

  • Tax Lot: 46

Utilities

Equipment

  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1139 E 42nd.

How does 1139 E 42nd compare to other multi-family homes in Central Alameda?

This multi-family home is listed 30% below the average price for multi-family homes in Central Alameda and has been on the market for 107 less days than the typical home in this area.

1139 E 42nd is a -bedroom multi-family home for sale in Los Angeles CA 90011. On Prevu for 15 days at $599,999. This property is located in Central Alameda. The median listing price for multi-family homes in this area is $750,000. Additional amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.