Incredible Income Opportunity in South LA! Welcome to the seller’s pride SPACIOUS HOME 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 Main residence features multiple living spaces including 4 great Bedrooms and 2 Baths, additionally a separate STUDIO on the main floor with its own private entrance and a current rental income. Upstairs, a 2 Bed 1 Bath UNIT also has a private entrance and currently tenant occupied generating INCOME. Ample 4 PARKING SPACES in the back with carport for two, a GATED front yard, with driveway and extra parking in the front. An (LAR2 zoned) Lot offer 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.
The Main residence features multiple living spaces including 4 great Bedrooms and 2 Baths, additionally a separate STUDIO on the main floor with its own private entrance and a current rental income. Upstairs, a 2 Bed 1 Bath UNIT also has a private entrance and currently tenant occupied generating INCOME. Ample 4 PARKING SPACES in the back with carport for two, a GATED front yard, with driveway and extra parking in the front. An (LAR2 zoned) Lot offer 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.
Property Details
Price:
$1,249,000
MLS #:
HD25156563
Status:
Active
Beds:
5
Baths:
5
Address:
795 E 42nd Place
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jul 8, 2025
State:
CA
Finished Sq Ft:
3,027
ZIP:
90011
Lot Size:
5,192 sqft / 0.12 acres (approx)
Year Built:
2007
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Accessibility Features
2+ Access Exits
Cooling
Wall/ Window Unit(s)
Fireplace Features
Family Room
Heating
Central
Exterior
Community Features
Park, Sidewalks, Street Lights, Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Detached Carport, Driveway Level
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
City Lights, Neighborhood, Panoramic
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address795 E 42nd Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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795 E 42nd Place
Los Angeles, CA
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