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1042 S Fresno St, Los Angeles, CA 90023
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1042 S Fresno St Los Angeles, CA 90023

$1,100,000 Sold Price as of 04/29/2024
  • 8 Beds
  • 4 Baths
  • 2,760 Sq.Ft.
Sold
$1,100,000 Sold Price as of 04/29/2024 Refinance Your Mortgage
Map preview of 1042 S Fresno St, Los Angeles, CA 90023

Property Overview: 1042 S Fresno St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,760 living square feet and 2,969 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this newly remodeled multi-family property located at 1042 S Fresno St, Los Angeles, CA. This spacious Main House + Duplex offers a total of 8 bedrooms and 4 bathrooms, providing ample space for comfortable living and potential rental income. The property will be delivered entirely vacant. Whether you're an investor or a buyer aiming to generate rental income to offset your mortgage, this presents a fantastic opportunity to establish competitive market rates, and projected rents anywhere between $8,500 - $10,000 per month. As you step inside, you'll be greeted by a well-designed layout spread across approximately 2,800 square feet of living space. The interior boasts a seamless blend of modern finishes and thoughtful details, creating a welcoming atmosphere for residents. Outside, a private backyard space provides a serene retreat, perfect for relaxing or entertaining. Additionally, the property's convenient location offers easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. Don't miss the opportunity to own this versatile multi-family property in a prime up-and-coming neighborhood. Whether looking for a spacious residence or an investment opportunity, this home offers endless possibilities. OFFER DEADLINE: March 7, 2024 at 2:00 PM

Listed by Marc Hernandez | BRE #00882850 | Compass
Co-listed by Lucas Arias | BRE #02128074 | Compass
Last checked: 10 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
2,969
HOA Dues
$0/mo
Year built
1992
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
24363481
City
Los Angeles
County
Los Angeles
Time on Site
203 days

Property Details for 1042 S Fresno St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • Parcel Number: 5188024023
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 4912 10th Ave, Los Angeles, CA 90043
View more facts & features

Local Los Angeles Agent

Sale History for 1042 S Fresno St

Last sold for $1,100,000 on April 29th, 2024

  • April, 2024

  • Apr 29, 2024

    Date

    Sold

    CRMLS: 24363481

    $1,100,000

    Price

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24363481

    $995,000

    Price

  • December, 2002

  • Dec 24, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2002

  • Feb 13, 2002

    Date

    Sold (Public Records)

    Public Records

    $263,466

    Price

Show More

Tax History for 1042 S Fresno St

Assessed Value (2020): $144,333
Year Land Value Improved Value Assessed Value
2020 $92,692 $51,641 $144,333

Home Value Compared to the Market

This property vs the competition

1042 S Fresno St sold on April 29, 2024 for 11.16% 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 $360.51 per/sqft which puts the price per square foot 50.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1042 S Fresno St

Detailed summary of property

1042 S Fresno St is a single family home that recently sold in Los Angeles, CA 90023. This house offered 8 bedrooms, 4 bathrooms, roughly 2,760 living square feet, and sits on an approximately 2,969 square foot lot. 1042 S Fresno St was first listed on ArdentRealEstateGroup.com on February 29, 2024. The homeowner sold the property for $1,100,000. 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 11.16% lower than the current median priced home. Local homes that are currently for sale include 629 Traction Ave #514, 3719 Ramboz Dr and 3727 Middle Rd. While the average home in Los Angeles, CA is selling in 106 days, 1042 S Fresno St has a days on market of 8 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1042 S Fresno St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1042 S Fresno St

Public county record property details
Beds
2
Baths
1
Year built
1920
Sq. Ft.
607
Lot Size
2,971
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5188-024-018

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$628
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
18
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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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