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1340 E 42nd St, Los Angeles, CA 90011
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1340 E 42nd St Los Angeles, CA 90011

$406,000 Sold Price as of 07/18/2019
  • 3 Beds
  • 2 Baths
  • 1,648 Sq.Ft.
Sold
$406,000 Sold Price as of 07/18/2019 Refinance Your Mortgage
Map preview of 1340 E 42nd St, Los Angeles, CA 90011

Property Overview: 1340 E 42nd St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,648 living square feet and 4,866 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vacant Vacant Income Property, 2 bedrooms 1 bath plus an additional unit connected to the main property. property in need of repairs.

Listed by Enrique Zapata | BRE #01714280 | Mark 1 Real Estate, Inc.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
4,866
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19138995
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,650
  • Net Operating Income: $2,485
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $165
  • Electric: $250
  • Gas/Fuel: $0
  • New Taxes: $3,219
  • Trash: $70
  • Insurance: $0
  • Water/Sewer: $165

Property Details for 1340 E 42nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Room Information
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5116003014
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Hooper Ave and 42nd St
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1340 E 42nd St

Last leased for $2,700 on November 3rd, 2020

  • November, 2020

  • Nov 3, 2020

    Date

    Leased

    CRMLS: DW20212107

    $2,700

    Price

  • Oct 8, 2020

    Date

    Active

    CRMLS: DW20212107

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    FOR RENT 3 Bedroom & 2 Bath DUPLEX Unit !!! Showing: APPOINTMENTS ONLY Description: - Remodeled - Remodeled kitchen with granite counter tops and wood finished cabinets - Close to shopping centers and freeway. - parking space This is a beautiful , remodeled three bedroom and two bathroom back duplex unit

  • July, 2019

  • Jul 19, 2019

    Date

    Sold

    CRMLS: PW19138995

    $406,000

    Price

  • Jun 18, 2019

    Date

    Pending

    CRMLS: PW19138995

    $402,000

    Price

  • Jun 12, 2019

    Date

    Active

    CRMLS: PW19138995

    $402,000

    Price

  • July, 2019

  • Jul 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $406,000

    Price

  • November, 1994

  • Nov 17, 1994

    Date

    Sold (Public Records)

    Public Records

    $128,000

    Price

Show More

Tax History for 1340 E 42nd St

Assessed Value (2020): $406,000
Year Land Value Improved Value Assessed Value
2020 $325,000 $81,000 $406,000

Home Value Compared to the Market

This property vs the competition

1340 E 42nd St sold on July 18, 2019 for 66.22% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $243.93 per/sqft which puts the price per square foot 67.69% lower than the current median sale per square foot for the city of Los Angeles.

About 1340 E 42nd St

Detailed summary of property

1340 E 42nd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,648 living square feet, and sits on an approximately 4,866 square foot lot. 1340 E 42nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $406,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 66.22% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 92 days, 1340 E 42nd St has a days on market of 5 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1340 E 42nd St 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 1340 E 42nd St

Public county record property details
Beds
3
Baths
2
Year built
1909
Sq. Ft.
1,648
Lot Size
4,866
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5116-003-014

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
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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