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795 E 42nd PlaceLos Angeles, CA 90011

For Sale

$995,000

Smart Buyer Rebate $9,950

Incredible Income Opportunity in South LA that MUST BE SEEN! Welcome to the seller's SPACIOUS HOME with a LOWER PRICE offering MULTI-UNIT-STYLE living with excellent rental income POTENTIAL. Perfect for investors or extended FAMILIES, this versatile property is located just minutes from Downtown LA. The Residence features 3 Master Bedrooms and multiple living spaces including ( 4-Great BEDROOMS and 3-BATH ) 1-Bed, 1-Bath is on the Main Floor. RARE INVESTMENT opportunity! that on the First Floor one master bedroom has been converted into a Studio Apartment with its own kitchenette, on the Second Floor Conversion, one master bedroom has been converted into a 2-Bedroom, 1-Bath UNIT with its own combined living-dining area. Each Living Space Features its OWN SEPARATE ENTRANCE, providing FLEXIBLE USE options: Such as Multi-Family Living with 3,027 Sqft, 2 reliable income streams already in place or a better future just generating INCOME. PLUS a beautiful elevated cityscape VIEW of Los Angeles Skyline. PARKING!! 6 GATED PARKING SPACES in the back and carport for two, an ample front yard, with driveway for EXTRA parking in the front. A (LAR2 Zoned) Lot offers further potential for ADU or expansion (buyer to verify with city). This is a RARE find with FLEXIBLE use options and reliable income streams already in place. Conveniently located near major freeways, schools, public transportation and local amenities.

Listed by Karen Fuentes

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License #02167228

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CENTURY 21 LEADERS REAL ESTATE

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626-298-4061

Last updated October 23, 2025

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Source: CRMLS #HD25244618

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Central LA
  • Days on Prevu2

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/21/2025
Listed by CENTURY 21 LEADERS REAL ESTATE
$995,000

Property Details for 795 E 42nd Place

Association

Amenities

  • Community Features: Park, Street Lights, Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2007
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front and Back

Features

  • Other Structures: Outbuilding, Storage
  • View: City Lights, Landmark, Panoramic

Measurements

  • Building Area Total: 3,027
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,192
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5,192
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $36,200.00
  • Operating Expense: $400.00

Taxes

  • Parcel Number: 5115005022

Interior

Features

  • Appliances: Disposal
  • Interior Features: Granite Counters, Bedroom On Main Level, Jack And Jill Bath, Main Level Primary, Primary Suite

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home

Location

  • Tax Block: A
  • Tax Lot: 51

Parking

Parking

  • Carport Spaces: 2
  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Concrete, Door-Multi, Detached Carport, Driveway Level, Garage Faces Front, Garage, Garage Faces Rear, RV Potential, Storage
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public

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.