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721 E 42nd Place, Los Angeles CA 90011
721 E 42nd Place, Los Angeles CA 90011
721 E 42nd Place, Los Angeles CA 90011
721 E 42nd Place, Los Angeles CA 90011
721 E 42nd Place, Los Angeles CA 90011
721 E 42nd Place, Los Angeles CA 90011
California>Los Angeles>South Central LA

721 E 42nd PlaceLos Angeles, CA 90011

For Sale

$775,000

Smart Buyer Rebate $6,875

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.

Listed by Aaron Mejia

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License #01896881

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Christie's International Real Estate SoCal

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562-413-4717

Last updated November 24, 2025

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Source: CRMLS #25595133

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Bedrooms5
  • Days on Prevu83
  • Size2,629 sqft
  • Price per sqft$295

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/25/2025
Price Decreased
$775,000
10/29/2025
Status changed to Active
$799,900
10/22/2025
Status changed to Removed from Feed
$799,900
10/18/2025
Status changed to Active
$799,900
10/17/2025
Status changed to Removed from Feed
$799,900
09/19/2025
Listed by Christie's International Real Estate SoCal
$799,900

Property Details for 721 E 42nd Place

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1906

Features

  • Direction Faces: South
  • View: City Lights

Measurements

  • Building Area Total: 2,629
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,180
  • Lot Size Square Feet: 5,180
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5115005013

Interior

Measurements

  • Living Area: 2,629

Rooms

  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: Driveway

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Sewer: Other
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 721 E 42nd Place.

How does 721 E 42nd Place compare to other multi-family homes in South Central LA?

This multi-family home is listed 49% below the average price for multi-family homes in South Central LA and has been on the market for 51 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,629 sqft.

721 E 42nd Place is a 5-bedroom multi-family home for sale in Los Angeles CA 90011. Listed on Prevu for 83 days at $775,000. This includes a recent price decrease of $24,900. This home features 2,629 square feet of living space, located in South Central LA. The median listing price for multi-family homes in this area is $962,500. 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.