706 W 42nd, Los Angeles, CA 90037

About this home

Back on Market, Buyer got cold feet which opens this Amazing opportunity for you to own a duplex in the heart of Los Angeles! Ideally located within walking distance to the Los Angeles Memorial Coliseum, USC, and BMO Stadium, with convenient freeway access. The front unit features 3 bedrooms and 1.5 bathrooms, a spacious living and dining area, and a generous kitchen with plenty of cabinet space. The second unit offers 1 bedroom, 1 bathroom, a living area, and ample closet space. BONUS OPPORTUNITY! The 2-car garage is currently being converted into an ADU, offering additional living space and potential rental income. With the 2028 Olympic Games coming to Los Angeles and the LA Memorial Coliseum serving as a major Olympic venue just minutes away, the ADU could offer exciting future rental-income potential during one of the biggest international events coming to the city. An extra-long driveway provides plenty of parking, plus a spacious backyard perfect for entertaining and family gatherings. Live in one and rent the others! A fantastic opportunity for an owner-user or investor to generate income and build equity in a prime Los Angeles location. Don’t miss it!