1631 E 42Nd St, Los Angeles, CA 90011
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1631 E 42Nd St Los Angeles, CA 90011

$650,000 Sold Price as of 10/01/2019
  • 7 Beds
  • 5 Baths
  • 2,541 Sq.Ft.
Sold
$650,000 Sold Price as of 10/01/2019 Refinance Your Mortgage

Map preview of 1631 E 42Nd St, Los Angeles, CA 90011

Property Overview: 1631 E 42Nd St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 2,541 living square feet and 5,377 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: !!!!!! BEAUTIFUL UNITS IN EXCELLENT CONDITION !!!! Good for owner occupied or investor!!!! The property consist in 2 buildings: The front unit (as been legally one house with 5 bed, 3 bath, with central air)but now is converted in duplex, with 3 bed, 2 bath and 2 bed, 1 bath. The back unit (has been legally build in 2019) have 2 bed, 2 bath. These units offers in total 7 bedrooms and 5 bathrooms. The driveway still has room to park several cars. Live in one and and receive rent for two or rent all of them and enjoy positive cash flow. Please do not disturb tenants. Listing information deemed reliable but not guaranteed. No warranties expressed or implied. Buyer and buyer's agent to verify and satisfy on all aspects of the property such as, but no limited to permits. !!!!! These turnkey units has tremendous flexibility and plenty of space- come see for yourself !!!!!

Listed by MARIA NAVARRO | BRE #01353560 | UNITED EXECUTIVES
Co-listed by BRUCE BALMIR | BRE #01737153 | UNITED EXECUTIVES
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
5,377
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19112557
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,200
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1631 E 42Nd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Appraiser
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5116014020
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between E Vernon Ave and E 41 Pl. Cross Long Beach Ave and Compton Ave.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1631 E 42Nd St

Last sold for $650,000 on October 1st, 2019
  • October, 2019

  • Oct 2, 2019

    Date

    Sold

    CRMLS: CV19112557

    $650,000

    Price

  • Jul 31, 2019

    Date

    Pending

    CRMLS: CV19112557

    $650,000

    Price

  • May 24, 2019

    Date

    Active Under Contract

    CRMLS: CV19112557

    $650,000

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: CV19112557

    $650,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • October, 2013

  • Oct 21, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1631 E 42Nd St

Assessed Value (2020): $650,000
Year Land Value Improved Value Assessed Value
2020 $300,000 $350,000 $650,000

Home Value Compared to the Market

This property vs the competition

1631 E 42Nd St sold on October 1, 2019 for 48.98% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $255.8 per/sqft which puts the price per square foot 67.66% lower than the current median sale per square foot for the city of Los Angeles.

About 1631 E 42Nd St

Detailed summary of property

1631 E 42Nd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 2,541 living square feet, and sits on an approximately 5,377 square foot lot. 1631 E 42Nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $650,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.98% lower than the current median priced home. Local homes that are currently for sale include 242 W 46th St, 232 W 49th St and 1160 S Dacotah St. While the average home in Los Angeles, CA is selling in 100 days, 1631 E 42Nd St has a days on market of 8 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1631 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 1631 E 42Nd St

Public county record property details
Beds
7
Baths
5
Year built
--
Sq. Ft.
2,365
Lot Size
5,376
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
44
APN
5116-014-020

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
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.