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1000 E 42Nd Pl, Los Angeles, CA 90011
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1000 E 42Nd Pl Los Angeles, CA 90011

$850,000 Sold Price as of 04/18/2022
  • 4 Beds
  • 3 Baths
  • 2,912 Sq.Ft.
Sold
$850,000 Sold Price as of 04/18/2022 Refinance Your Mortgage
Map preview of 1000 E 42Nd Pl, Los Angeles, CA 90011

Property Overview: 1000 E 42Nd Pl Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,912 living square feet and 5,165 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Large 3-unit property with minimal maintenance. The property consists of one large unit (top unit) used as a 5-bedroom, and two 1-bedroom units on the main level. All units have their own entrances, separate electrical and gas meters, and share the driveway for parking. Updates include newer flooring, new bathroom, roof, tankless water heater. Well-producing with steady tenants. Centrally located near Downtown LA, walking distance to a park, playground, schools, and public transportation.

Listed by Ilya Tsipis | BRE #01865830 | Fair Realty
Last checked: 3 minutes ago | Last updated: April 19th, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
5,165
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SR22025160
City
Los Angeles
County
Los Angeles
Time on Site
953 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $891
  • Total Rent: $891
  • Pro Forma/Market Rent: $950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,012
  • Net Operating Income: $53,820
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,192
  • Trash: $1
  • Insurance: $1,432
  • Maintenance: $2,000
  • Water/Sewer: $2,760

Property Details for 1000 E 42Nd Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Refrigerator, Tankless Water Heater, Water Heater
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: See Remarks
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5115018015
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: S. of E.42nd St, E. of McKinley Ave. Cross Streets (E. 42nd Pl. and Wadsworth Ave)
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1000 E 42Nd Pl

Last sold for $850,000 on April 18th, 2022

  • April, 2022

  • Apr 19, 2022

    Date

    Sold

    CRMLS: SR22025160

    $850,000

    Price

  • Feb 17, 2022

    Date

    Active

    CRMLS: SR22025160

    $850,000

    Price

  • August, 2013

  • Aug 14, 2013

    Date

    Sold (Public Records)

    Public Records

    $347,000

    Price

  • March, 2013

  • Mar 22, 2013

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

Show More

Tax History for 1000 E 42Nd Pl

Assessed Value (2020): $388,665
Year Land Value Improved Value Assessed Value
2020 $212,967 $175,698 $388,665

Home Value Compared to the Market

This property vs the competition

1000 E 42Nd Pl sold on April 18, 2022 for 24.11% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $291.9 per/sqft which puts the price per square foot 59.68% lower than the current median sale per square foot for the city of Los Angeles.

About 1000 E 42Nd Pl

Detailed summary of property

1000 E 42Nd Pl is a triplex that recently sold in Los Angeles, CA 90011. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,912 living square feet, and sits on an approximately 5,165 square foot lot. 1000 E 42Nd Pl was first listed on ArdentRealEstateGroup.com on February 17, 2022. The homeowner sold the property for $850,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.11% lower than the current median priced home. Local homes that are currently for sale include 640 E 49th St, 747 E 33rd St and 654 E 50th St. While the average home in Los Angeles, CA is selling in 106 days, 1000 E 42Nd Pl has a days on market of 19 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1000 E 42Nd Pl Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1000 E 42Nd Pl

Public county record property details
Beds
9
Baths
6
Year built
1911
Sq. Ft.
2,912
Lot Size
5,164
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5115-018-015

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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