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Income Property in South LA
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901 E 42nd, Los Angeles, CA 90011

Well-maintained income property in a high-demand Los Angeles rental area.

Property SizeContact for details
Days on Market438

Property Features for 901 E 42nd

General Information

Standard status Active
Property subtype Multifamily
Zoning LARD2
Listing Agency: REeBroker Group
Listed By: Jinny Park MacFarlane · License #ca 01916688
Source: Crexi
Added: Jun 8, 2025 Changed: Aug 8 Last Checked: Jul 23 at 1:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REeBroker Group

Investment Insights

Based on property information with market context.

Located in a prime South Los Angeles location, the property at 901 E 42nd St offers an income-generating opportunity. The property is situated in a high-demand rental area and features units on a spacious lot with gated parking. Ample off-street parking is available, and there is room for outdoor enjoyment or potential future expansion, subject to buyer verification with the city. The property is conveniently located near Downtown Los Angeles, the University of Southern California (USC), public transportation, schools, and major freeways. This tenant-occupied property offers strong rental upside and long-term value in a rapidly growing area. It is suitable for both first-time investors and those looking to expand their portfolio.

Key Highlights

  • High‑demand rental area in South LA
  • Income‑generating property with strong rental upside
  • Spacious lot with gated parking and ample off‑street parking

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,504
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-maintained income property in a high-demand Los Angeles rental area.
Where is this multifamily property located?
The property is located at 901 E 42nd Los Angeles, CA.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: High‑demand rental area in South LA; Income‑generating property with strong rental upside; Spacious lot with gated parking and ample off‑street parking
More about this property
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