721 E 42nd Pl

$775,000
Price
5
Beds
3
Baths
2,629 Sq. Ft.
$295 / Sq. Ft.
2,629
Sq. Ft.
$295
per Sq. Ft.

Description

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...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.

Property Details for 721 East 42nd Place

Water Front
None
Zoning
LAR2
Cross Streets
Avalon Blvd & McKinley Ave
Parcel Number
5115005013
Total Units
3.0
Living Area
2629
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
LISTING UPDATED: 11/24/2025 05:06 PM

Property Details for 721 East 42nd Place

StatusActive
MLS #25595133
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1906
Lot Size0.12 AC / 5,180 SF
CountyLos Angeles County

Location

Listing Courtesy of Christie's International Real Estate SoCal, Aaron Mejia, DRE #01896881
Add your commute

Building Information for 721 East 42nd Place

Stories2Residences-Year Built1906Building Size-Lot Size0.12 AC / 5,180 SF

Payment Calculator

$3,830 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,830

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 721 East 42nd Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Units
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Direction Faces: South
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Additions Alterations: No
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Financing: Conventional, FHA
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1189
  • Lot Size Square Feet: 5180
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • New Construction: No
  • Foundation Details: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-19-2025
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,718.00
  • Unit Actual Rent: $1,718.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,409.00
  • Unit Actual Rent: $1,409.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $893.00
  • Unit Actual Rent: $893.00
  • Unit Projected Rent: $1,875.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $174,981.00
  • Assessed Improvement Percent: 29.63
  • Assessed Land Value: $415,583.00
  • Assessed Land Percent: 70.37
  • Assessed Total Value: $590,564.00

Property History for 721 East 42nd Place

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Price Change

CRMLS #25595133

$775,000
Nov 24, 2025

Price Change

CLAW #25595133

$775,000
Sep 19, 2025

Listed (Active)

CRMLS #25595133

$799,900
Sep 19, 2025

Listed (Active)

CLAW #25595133

$799,900
Jun 16, 2021

Withdrawn / Cancelled

CRMLS #DW21097828

$650,000
Jun 16, 2021

Withdrawn / Cancelled

SDMLS #DW21097828

Jun 16, 2021

Withdrawn / Cancelled

CLAW #DW21097828MR

Jun 1, 2021

Listed (Active)

SDMLS #DW21097828

$650,000
Jun 1, 2021

Withdrawn / Cancelled

SDMLS #DW21097828

Jun 1, 2021

Hold

SDMLS #DW21097828

Jun 1, 2021

Hold

CLAW #DW21097828MR

$650,000
Jun 1, 2021

Listed (Active)

SDMLS #DW21097828

May 26, 2021

Hold

CRMLS #DW21097828

May 19, 2021

Hold

SDMLS #DW21097828

May 19, 2021

Accepting Backup Offers

SDMLS #DW21097828

May 18, 2021

Pending

SDMLS #DW21097828

May 18, 2021

Pending

CLAW #DW21097828MR

May 18, 2021

Pending

CRMLS #DW21097828

May 18, 2021

Accepting Backup Offers

CLAW #DW21097828MR

May 18, 2021

Accepting Backup Offers

CRMLS #DW21097828

May 7, 2021

Listed (Active)

CLAW #DW21097828MR

$650,000
May 7, 2021

Listed (Active)

CRMLS #DW21097828

$650,000
May 7, 2021

Listed (Active)

SDMLS #DW21097828

$650,000
Jan 25, 2021

Withdrawn / Cancelled

CRMLS #DW20203046

$699,000
Jan 25, 2021

Hold

SDMLS #DW20203046

Jan 25, 2021

Withdrawn / Cancelled

CLAW #DW20203046MR

Oct 30, 2020

Price Change

SDMLS #DW20203046

$699,000
Oct 30, 2020

Price Change

CLAW #DW20203046MR

$699,000
Sep 28, 2020

Listed (Active)

SDMLS #DW20203046

$719,000
Sep 28, 2020

Listed (Active)

CLAW #DW20203046MR

$719,000
Sep 28, 2020

Listed (Active)

CRMLS #DW20203046

$719,000
Nov 28, 2018

Sold

CRMLS #AR18234941

$540,000
Nov 28, 2018

Sold

CLAW #AR18234941MR

$540,000
Nov 28, 2018

Sold

SDMLS #AR18234941

$540,000
Nov 8, 2018

Pending

CLAW #AR18234941MR

Nov 8, 2018

Pending

SDMLS #AR18234941

Nov 8, 2018

Pending

CRMLS #AR18234941

Oct 1, 2018

Expired

CRMLS #WS18103818

$570,000
Oct 1, 2018

Expired

CRMLS #WS18103818

$570,000
Sep 30, 2018

Expired

CLAW #WS18103818MR

Sep 26, 2018

Listed (Active)

SDMLS #AR18234941

$538,000
Sep 26, 2018

Listed (Active)

CRMLS #AR18234941

$538,000
Sep 26, 2018

Listed (Active)

CLAW #AR18234941MR

$538,000
Sep 13, 2018

Expired

SDMLS #WS18103818

Jul 26, 2018

Price Change

CRMLS #WS18103818

$570,000
May 4, 2018

Listed (Active)

CRMLS #WS18103818

$575,000
May 4, 2018

Listed (Active)

SDMLS #WS18103818

$575,000
May 4, 2018

Listed (Active)

CLAW #WS18103818MR

$575,000
May 15, 2015

Sold

SDMLS #315002728

$445,000
May 15, 2015

Sold

CRMLS #315002728

$445,000
May 15, 2015

Sold

CLAW #315002728IT

$445,000
Mar 25, 2015

Pending

CRMLS #315002728

Mar 20, 2015

Listed (Active)

CRMLS #315002728

$445,000
Mar 17, 2015

Expired

CRMLS #WS14226822

Mar 16, 2015

Listed (Active)

CRMLS #WS14226822

$465,000
Mar 5, 2015

Pending

CRMLS #315002728

Mar 5, 2015

Pending

CLAW #315002728IT

Mar 3, 2015

Listed (Active)

CRMLS #315002728

$445,000
Mar 3, 2015

Listed (Active)

CLAW #315002728IT

$445,000
Mar 3, 2015

Listed (Active)

SDMLS #315002728

$445,000
Jan 16, 2015

Expired

CLAW #WS14226822MR

Dec 31, 2014

Expired

CLAW #14-771975

$435,000
Oct 23, 2014

Listed (Active)

CLAW #WS14226822MR

$465,000
Sep 8, 2014

Listed (Active)

CLAW #14-771975

$479,900
Dec 2, 2013

Withdrawn / Cancelled

CLAW #13-719939

$429,000
Nov 18, 2013

Listed (Active)

CLAW #13-719939

$429,000
Sep 30, 2013

Expired

CLAW #13-689595

$440,000
Jul 22, 2013

Listed (Active)

CLAW #13-689595

$450,000
Jun 5, 2013

Sold

CLAW #PW13045433MR

$320,000
Jun 5, 2013

Listed (Active)

CLAW #PW13045433MR

$325,000
Jun 3, 2013

Sold

CLAW #PW13045433MR

$320,000
Jun 3, 2013

Sold

CRMLS #PW13045433

$320,000
Apr 30, 2013

Pending

CLAW #PW13045433MR

Apr 30, 2013

Pending

CRMLS #PW13045433

Mar 16, 2013

Listed (Active)

CLAW #PW13045433MR

$325,000
Dec 13, 2010

Withdrawn / Cancelled

CLAW #P755236MR

Oct 6, 2010

Listed (Active)

CLAW #P755236MR

$169,900
Jun 26, 2008

Expired

CLAW #08-268105

$393,500
Jun 21, 2008

Expired

CRMLS #N08049270

$393,900
Jun 21, 2008

Expired

CLAW #N08049270MR

Apr 3, 2008

Listed (Active)

CRMLS #N08049270

$393,900
Apr 3, 2008

Price Change

CLAW #N08049270MR

$393,900
Mar 31, 2008

Listed (Active)

CLAW #08-268105

$393,500
Mar 1, 2008

Expired

CLAW #07-197345

$475,000
Jan 7, 2008

Listed (Active)

CLAW #07-197345

$595,000
Sep 23, 2005

Sold

CLAW #05-044219

$405,000
Aug 14, 2005

Pending

CLAW #05-044219

Aug 1, 2005

Listed (Active)

CLAW #05-044219

$350,000
DateEvent & SourcePrice
11/24/2025

Price Change

CRMLS #25595133

$775,000
11/24/2025

Price Change

CLAW #25595133

$775,000
09/19/2025

Listed (Active)

CRMLS #25595133

$799,900
09/19/2025

Listed (Active)

CLAW #25595133

$799,900
06/16/2021

Withdrawn / Cancelled

CRMLS #DW21097828

$650,000
06/16/2021

Withdrawn / Cancelled

SDMLS #DW21097828

06/16/2021

Withdrawn / Cancelled

CLAW #DW21097828MR

06/01/2021

Listed (Active)

SDMLS #DW21097828

$650,000
06/01/2021

Withdrawn / Cancelled

SDMLS #DW21097828

06/01/2021

Hold

SDMLS #DW21097828

06/01/2021

Hold

CLAW #DW21097828MR

$650,000
06/01/2021

Listed (Active)

SDMLS #DW21097828

05/26/2021

Hold

CRMLS #DW21097828

05/19/2021

Hold

SDMLS #DW21097828

05/19/2021

Accepting Backup Offers

SDMLS #DW21097828

05/18/2021

Pending

SDMLS #DW21097828

05/18/2021

Pending

CLAW #DW21097828MR

05/18/2021

Pending

CRMLS #DW21097828

05/18/2021

Accepting Backup Offers

CLAW #DW21097828MR

05/18/2021

Accepting Backup Offers

CRMLS #DW21097828

05/07/2021

Listed (Active)

CLAW #DW21097828MR

$650,000
05/07/2021

Listed (Active)

CRMLS #DW21097828

$650,000
05/07/2021

Listed (Active)

SDMLS #DW21097828

$650,000
01/25/2021

Withdrawn / Cancelled

CRMLS #DW20203046

$699,000
01/25/2021

Hold

SDMLS #DW20203046

01/25/2021

Withdrawn / Cancelled

CLAW #DW20203046MR

10/30/2020

Price Change

SDMLS #DW20203046

$699,000
10/30/2020

Price Change

CLAW #DW20203046MR

$699,000
09/28/2020

Listed (Active)

SDMLS #DW20203046

$719,000
09/28/2020

Listed (Active)

CLAW #DW20203046MR

$719,000
09/28/2020

Listed (Active)

CRMLS #DW20203046

$719,000
11/28/2018

Sold

CRMLS #AR18234941

$540,000
11/28/2018

Sold

CLAW #AR18234941MR

$540,000
11/28/2018

Sold

SDMLS #AR18234941

$540,000
11/08/2018

Pending

CLAW #AR18234941MR

11/08/2018

Pending

SDMLS #AR18234941

11/08/2018

Pending

CRMLS #AR18234941

10/01/2018

Expired

CRMLS #WS18103818

$570,000
10/01/2018

Expired

CRMLS #WS18103818

$570,000
09/30/2018

Expired

CLAW #WS18103818MR

09/26/2018

Listed (Active)

SDMLS #AR18234941

$538,000
09/26/2018

Listed (Active)

CRMLS #AR18234941

$538,000
09/26/2018

Listed (Active)

CLAW #AR18234941MR

$538,000
09/13/2018

Expired

SDMLS #WS18103818

07/26/2018

Price Change

CRMLS #WS18103818

$570,000
05/04/2018

Listed (Active)

CRMLS #WS18103818

$575,000
05/04/2018

Listed (Active)

SDMLS #WS18103818

$575,000
05/04/2018

Listed (Active)

CLAW #WS18103818MR

$575,000
05/15/2015

Sold

SDMLS #315002728

$445,000
05/15/2015

Sold

CRMLS #315002728

$445,000
05/15/2015

Sold

CLAW #315002728IT

$445,000
03/25/2015

Pending

CRMLS #315002728

03/20/2015

Listed (Active)

CRMLS #315002728

$445,000
03/17/2015

Expired

CRMLS #WS14226822

03/16/2015

Listed (Active)

CRMLS #WS14226822

$465,000
03/05/2015

Pending

CRMLS #315002728

03/05/2015

Pending

CLAW #315002728IT

03/03/2015

Listed (Active)

CRMLS #315002728

$445,000
03/03/2015

Listed (Active)

CLAW #315002728IT

$445,000
03/03/2015

Listed (Active)

SDMLS #315002728

$445,000
01/16/2015

Expired

CLAW #WS14226822MR

12/31/2014

Expired

CLAW #14-771975

$435,000
10/23/2014

Listed (Active)

CLAW #WS14226822MR

$465,000
09/08/2014

Listed (Active)

CLAW #14-771975

$479,900
12/02/2013

Withdrawn / Cancelled

CLAW #13-719939

$429,000
11/18/2013

Listed (Active)

CLAW #13-719939

$429,000
09/30/2013

Expired

CLAW #13-689595

$440,000
07/22/2013

Listed (Active)

CLAW #13-689595

$450,000
06/05/2013

Sold

CLAW #PW13045433MR

$320,000
06/05/2013

Listed (Active)

CLAW #PW13045433MR

$325,000
06/03/2013

Sold

CLAW #PW13045433MR

$320,000
06/03/2013

Sold

CRMLS #PW13045433

$320,000
04/30/2013

Pending

CLAW #PW13045433MR

04/30/2013

Pending

CRMLS #PW13045433

03/16/2013

Listed (Active)

CLAW #PW13045433MR

$325,000
12/13/2010

Withdrawn / Cancelled

CLAW #P755236MR

10/06/2010

Listed (Active)

CLAW #P755236MR

$169,900
06/26/2008

Expired

CLAW #08-268105

$393,500
06/21/2008

Expired

CRMLS #N08049270

$393,900
06/21/2008

Expired

CLAW #N08049270MR

04/03/2008

Listed (Active)

CRMLS #N08049270

$393,900
04/03/2008

Price Change

CLAW #N08049270MR

$393,900
03/31/2008

Listed (Active)

CLAW #08-268105

$393,500
03/01/2008

Expired

CLAW #07-197345

$475,000
01/07/2008

Listed (Active)

CLAW #07-197345

$595,000
09/23/2005

Sold

CLAW #05-044219

$405,000
08/14/2005

Pending

CLAW #05-044219

08/01/2005

Listed (Active)

CLAW #05-044219

$350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 721 East 42nd Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 7
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harmony Elementary School
PublicK to 5

Gabriella Charter 2
CharterK to 7

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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721 East 42nd Place is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on September 19, 2025 by Christie's International Real Estate SoCal, it's currently listed at $775,000. It has been on the market for a total of 86 days and was last sold on November 28, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Harmony Elementary School, Gabriella Charter 2 and Thomas Jefferson Senior High School. 721 East 42nd Place is a 5-bed, 3-bath, 2,629 sqft multi-family home built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate SoCal, Aaron Mejia, DRE #01896881

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.