300 E 42nd Place
Los Angeles, CA, 90011
$649,000
MLS: DW26112532
Beds
—
Baths
—
Sq Ft
2,205
Lot
0.04 ac
Year Built
1922
MLS #
DW26112532
Days on Market
138
Listed
May 23, 2026
Description
Great Investment opportunity to start or expand your portfolio in a desirable area of Los Angeles. Perfect for both homeowners and investors. This income-producing property features a duplex with a permitted ADU, offering a total of 2.205 square feet of living space across three units. The property includes One 2-Bedroom, 1- bath unit. One 3- bedroom, 2-bath unit. One studio ADU. The property has 3 electrical meters, 2 gas meters and 1 water meter. The owner currently pays for water, sewer, and partial gas, while tenants pay for electricity and gas. The ADU was completed with permits, and a Certificate of Occupancy can be provided. The property is currently generating strong rental income of $5,904. per month. Don`t miss this excellent opportunity to own a great property, whether for owner occupancy or as an addition to your investment portfolio. Conveniently located near shopping centers, schools, urban amenities, and major freeways.
Location
Los Angeles, Los Angeles County, CA 90011
Open on Google Maps ↗Listed by: Mercy Monroy · Excellence RE Real Estate, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,264
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $64,900 · Loan: $584,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,044
- Property tax (1.25%)
- $676
- Homeowners insurance
- $300
- Mortgage insurance
- $243
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $22,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90011 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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