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1608 W 42Nd Pl, Los Angeles, CA 90062
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1608 W 42Nd Pl Los Angeles, CA 90062

$1,150,000 Sold Price as of 07/03/2019
  • 5 Beds
  • 6 Baths
  • 2,794 Sq.Ft.
Sold
$1,150,000 Sold Price as of 07/03/2019 Refinance Your Mortgage
Map preview of 1608 W 42Nd Pl, Los Angeles, CA 90062

Property Overview: 1608 W 42Nd Pl Los Angeles, CA has 5 bedrooms, 6 bathrooms, 2,794 living square feet and 5,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before listing, for comparable purposes only.

Listed by JULIO RUIZ | BRE #01911261 | GLOBAL PLATINUM PROPERTIES
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,724
HOA Dues
$0/mo
Year built
1931
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
MB19171599
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: 13.2
  • Gross Scheduled Income: $87,600
  • Net Operating Income: $67,320
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,280
  • Electric: $1,500
  • New Taxes: $13,800
  • Trash: $1,200
  • Gardener: $780
  • Insurance: $1,800
  • Water/Sewer: $1,200

Property Details for 1608 W 42Nd Pl

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5021023005
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Turn East onto 42nd Place from Western
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1608 W 42Nd Pl

Last sold for $1,150,000 on July 3rd, 2019

  • January, 2020

  • Jan 24, 2020

    Date

    Expired

    CRMLS: 19492340

    $3,400

    Price

  • Oct 29, 2019

    Date

    Price Change

    CRMLS: 19492340

    $3,400

    Price

  • Jul 24, 2019

    Date

    Active

    CRMLS: 19492340

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    BEAUTIFUL, LARGE AND NEW IN PRIME LOCATION! Near and easy access to USC, Expo Line, DTLA, Westside. Lovely and redone 3 bed 4 bath home. New floors, new paint, new recessed lighting, re-done baths and large kitchen! Open floor plan. Each bedroom has its own full bath. Newly remodeled kitchen includes new stove. Two detached garages are included and provide room for up to 3 vehicles and/or can be used as storage or workout studio. Plenty of additional street parking also available. Pets are welcomed! Spacious yard and on-site laundry.

  • July, 2019

  • Jul 19, 2019

    Date

    Sold

    CRMLS: MB19171599

    $1,150,000

    Price

  • Jul 19, 2019

    Date

    Active

    CRMLS: MB19171599

    $1,150,000

    Price

  • July, 2019

  • Jul 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • June, 2018

  • Jun 6, 2018

    Date

    Sold

    CRMLS: 18338950

    $660,000

    Price

  • May 11, 2018

    Date

    Pending

    CRMLS: 18338950

    $625,000

    Price

  • May 3, 2018

    Date

    Active

    CRMLS: 18338950

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    This triplex "fixer" is perfect for the savvy investor or parent looking to remodel off-campus housing for their USC student and friends. It could also be used as a Group Home or Assisted Living facility. The main home consists of four bedrooms, each with their own bathroom. There is also a kitchen, an open commons area and a huge attic that can easily be transformed into additional living space. The two additional units sit above the four-car garage. Each unit is a spacious one bed/one bath with an abundance of natural light. Conveniently and centrally located near USC, the Expo line and Leimert Park, this is a great opportunity to own this prime income property in the hot 90062 zip code. MAIN HOME AND ONE 1 BEDROOM ABOVE GARAGE TO BE DELIVERED VACANT AT COE.

  • June, 2018

  • Jun 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

Show More

Tax History for 1608 W 42Nd Pl

Assessed Value (2020): $1,150,000
Year Land Value Improved Value Assessed Value
2020 $875,000 $275,000 $1,150,000

Home Value Compared to the Market

This property vs the competition

1608 W 42Nd Pl sold on July 3, 2019 for 2.68% higher 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 $411.6 per/sqft which puts the price per square foot 43.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1608 W 42Nd Pl

Detailed summary of property

1608 W 42Nd Pl is a triplex that recently sold in Los Angeles, CA 90062. This triplex offered 5 bedrooms, 6 bathrooms, roughly 2,794 living square feet, and sits on an approximately 5,724 square foot lot. 1608 W 42Nd Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,150,000. 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 2.68% higher than the current median priced home. Local homes that are currently for sale include 3886 S Van Ness Ave, 1045 W Vernon Ave and 1520 W 37th St. 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 1608 W 42Nd Pl Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1608 W 42Nd Pl

Public county record property details
Beds
5
Baths
6
Year built
1931
Sq. Ft.
2,779
Lot Size
5,724
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5021-023-005

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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