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$599,999
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Property Description
Investor & Developer Opportunity in South Los Angeles! This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units totaling approximately 1,500 square feet of living space on a generous 6,654 square foot R2-zoned lot. Whether you're looking to expand your rental portfolio, live in one unit while generating income from the other, or capitalize on the development potential, this property offers multiple paths to value. The large lot and favorable zoning present an excellent opportunity for investors and developers seeking future expansion or redevelopment possibilities. Conveniently located near major freeways, public transportation, schools, and employment centers, this is a rare chance to acquire an income-producing property with upside potential in a growing Los Angeles market.
Full Property Details
Full Property Details for 1139 E 42nd
General
- Price: $599,999
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26118262
- Updated: 7/22/2026
- Days on Market: 56 days
- Added to Site: 56 day(s) ago
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: Head South on Central and turn left on 42nd Pl. Home will be on the left.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: front
- Square Feet: 1,500
- Year Built: 1985
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1528
- Lot Size (Sq. Ft.): 6,654
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $400
- Price Per Unit: 300000
Listed by Luxury Collective, Joshua Vigo-Fas
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Schools
Schools serving 1139 E 42nd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wadsworth Avenue Elementary School 981 East 41st Street, Los Angeles, CA 90011 | K-5 | 0.3 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 2.2 mi |
Thomas Jefferson Senior High School 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.3 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.3 mi |
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High 300 East 53rd Street, Los Angeles, CA 90011 | 9-12 | 1.1 mi |
Santee Education Complex 1921 S. Maple Ave., Los Angeles, CA 90011 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1139 E 42nd
Date
Details
Price
Change
Source
6/01/2026
Listed
$599,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1139 E 42nd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,720
5%
$199,712
4%
2023
$2,602
3%
$191,959
2%
2022
$2,537
4%
$188,196
2%
2021
$2,451
-1%
$184,506
1%
2020
$2,471
4%
$182,616
2%
2019
$2,382
2%
$179,036
2%
2018
$2,337
2%
$175,526
2%
2017
$2,287
3%
$172,085
2%
2016
$2,223
1%
$168,712
2%
2015
$2,193
-1%
$166,179
2%
2014
$2,214
—
$162,924
—
2013
$2,214
—
$162,189
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1139 E 42nd
1139 E 42nd, Los Angeles, CA 90011 (MLS# SR26118262) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1139 E 42nd is currently listed for $599,999 and was received on June 01, 2026. Want to learn more about 1139 E 42nd? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

