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1426 E 42nd St, Los Angeles, CA 90011
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1426 E 42nd St Los Angeles, CA 90011

$589,000 Sold Price as of 10/14/2020
  • 5 Beds
  • 3 Baths
  • 1,854 Sq.Ft.
Sold
$589,000 Sold Price as of 10/14/2020 Refinance Your Mortgage
Map preview of 1426 E 42nd St, Los Angeles, CA 90011

Property Overview: 1426 E 42nd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,854 living square feet and 5,195 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A GREAT INVESTMENT OPPORTUNITY. GOOD FOR OWNER OCCUPIED OR INVESTOR TO ADD A INVESTOR PORTFOLIO WITH A GREAT INCOME. property in good condition. Front unit has 3 bedrooms 2 baths, Rear unit features 2 bedrooms one bath. Both unit have their own separate meters for gas and Electricity. Front and back Unit has tile flooring throughout. Plenty of parking space and 2 carport. Near downtown Los Angeles, stores, schools, churches and freeways. Tenants are month to months and will stay in at close of escrow. drive by only. Property will be show with acceptable offer only. This property won't last

Listed by Mercy Monroy | BRE #01041725 | Berkshire Hathaway Home Srvs
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
5,195
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW20119410
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $6,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,120
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $3,120
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $1,080
  • Water/Sewer: $2,400
  • Other Expenses: $1,080
  • Other Expense Description: 3120

Property Details for 1426 E 42nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Tile
  • Living Room
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wire
  • Other Structures: Two On A Lot
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5116009028
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: North of Vernon Cross Street Hooper
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1426 E 42nd St

Last sold for $589,000 on October 14th, 2020

  • October, 2020

  • Oct 14, 2020

    Date

    Sold

    CRMLS: DW20119410

    $589,000

    Price

  • Sep 29, 2020

    Date

    Pending

    CRMLS: DW20119410

    $589,000

    Price

  • Aug 20, 2020

    Date

    Active Under Contract

    CRMLS: DW20119410

    $589,000

    Price

  • Jun 20, 2020

    Date

    Active

    CRMLS: DW20119410

    $589,000

    Price

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $589,000

    Price

  • June, 2020

  • Jun 18, 2020

    Date

    Canceled

    CRMLS: DW20052120

    $589,000

    Price

  • Apr 13, 2020

    Date

    Withdrawn

    CRMLS: DW20052120

    $589,000

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: DW20052120

    $589,000

    Price

  • Listing provided courtesy of CRMLS

    A great Investment opportunity. Good for owner occupied or investor to add a investor portfolio with a great income. Property is in Good condition. front unit is a 3 bedroom 2 baths. Rear unit features 2 Bedrooms one baths, Plenty of parking space and a 2 carport. Near downtown Los Angeles, stores, schools, churches and freeways. Property will not be delivered vacant, Tenants are month to months , drive by only offer is subject to inspection. this property won't last.

  • April, 2013

  • Apr 17, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1426 E 42nd St

Assessed Value (2020): $253,813
Year Land Value Improved Value Assessed Value
2020 $160,787 $93,026 $253,813

Home Value Compared to the Market

This property vs the competition

1426 E 42nd St sold on October 14, 2020 for 47.88% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $317.69 per/sqft which puts the price per square foot 57.87% lower than the current median sale per square foot for the city of Los Angeles.

About 1426 E 42nd St

Detailed summary of property

1426 E 42nd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,854 living square feet, and sits on an approximately 5,195 square foot lot. 1426 E 42nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $589,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.88% lower than the current median priced home. Local homes that are currently for sale include 845 E 80th St, 440 W Gage Ave and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 99 days, 1426 E 42nd St has a days on market of 45 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1426 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 1426 E 42nd St

Public county record property details
Beds
5
Baths
3
Year built
1911
Sq. Ft.
1,854
Lot Size
5,195
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5116-009-028

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

Thinking of Selling?

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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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