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
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.
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.