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1651 E 42nd St, Los Angeles, CA 90011
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1651 E 42nd St Los Angeles, CA 90011

$840,000 Sold Price as of 07/09/2021
  • 8 Beds
  • 4 Baths
  • 3,024 Sq.Ft.
Sold
$840,000 Sold Price as of 07/09/2021 Refinance Your Mortgage
Map preview of 1651 E 42nd St, Los Angeles, CA 90011

Property Overview: 1651 E 42nd St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,024 living square feet and 5,318 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well kept 4 unit apartment. Easy access to major freeways, downtown and industrial city of Vernon and 1 block to Blue Line Metro Rail Station and good public transportation in every direction. Each unit has 2 bedrooms. Laundry room is located in premise. 4 parking spaces plus 2 car detached garage that used to be 3 bedroom 2 bath living space which can be easily converted back to living area since plumbing, drain and gas lines are all present with new city ordinance. Next to Metro rail and bus stops.

Listed by Joshua Cho | BRE #01018822 | Century 21 Sunny Hills
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 151

Home details

Lot Sq. Ft
5,318
HOA Dues
$0/mo
Year built
1965
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21015328
City
Los Angeles
County
Los Angeles
Time on Site
1254 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $37,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,000
  • Electric: $600
  • New Taxes: $9,400
  • Trash: $1,300
  • Insurance: $1,200
  • Water/Sewer: $2,500

Property Details for 1651 E 42nd St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Converted Garage
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5116014016
  • 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: North of Vernon Ave. West of Alameda St.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1651 E 42nd St

Last sold for $840,000 on July 9th, 2021

  • July, 2021

  • Jul 10, 2021

    Date

    Sold

    CRMLS: PW21015328

    $840,000

    Price

  • Jun 25, 2021

    Date

    Active Under Contract

    CRMLS: PW21015328

    $895,000

    Price

  • Jan 24, 2021

    Date

    Active

    CRMLS: PW21015328

    $895,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Canceled

    CRMLS: PW19030626

    $798,000

    Price

  • Feb 9, 2019

    Date

    Active

    CRMLS: PW19030626

    $798,000

    Price

  • Listing provided courtesy of CRMLS

    Well kept 4 unit apartment. Easy access to major freeways, downtown and industrial city of Vernon. Each unit has 2 Bedrooms, Laundry room is located in the premise. 3 parking spaces plus 2 car detached garage that used to be 3 bedroom 2 bath living space. It can be easily converted back to living area with new city ordinance. Next to the Metro rail and Bus stop.

  • January, 2018

  • Jan 3, 2018

    Date

    Canceled

    CRMLS: PW17188147

    $915,000

    Price

  • Aug 15, 2017

    Date

    Active

    CRMLS: PW17188147

    $915,000

    Price

  • Listing provided courtesy of CRMLS

    Well kept 4 Unit apartment. Easy access to major freeways, downtown and industrial city of Vernon. Each unit is 2 Bedroom. Laundry room is located in the premise. 2 Car detached garage used to be 3 bedroom 2 bathroom, can be easily converted back to living area with new city ordinance. Please do not disturb occupant.

  • April, 2009

  • Apr 29, 2009

    Date

    Sold (Public Records)

    Public Records

    $280,000

    Price

  • October, 2006

  • Oct 31, 2006

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

Show More

Tax History for 1651 E 42nd St

Assessed Value (2020): $480,644
Year Land Value Improved Value Assessed Value
2020 $245,622 $235,022 $480,644

Home Value Compared to the Market

This property vs the competition

1651 E 42nd St sold on July 9, 2021 for 20.8% 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 $295.97 per/sqft which puts the price per square foot 60.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1651 E 42nd St

Detailed summary of property

1651 E 42nd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,024 living square feet, and sits on an approximately 5,318 square foot lot. 1651 E 42nd St was first listed on ArdentRealEstateGroup.com on January 24, 2021. The homeowner sold the property for $840,000. 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 20.8% lower than the current median priced home. Local homes that are currently for sale include 4918 Wadsworth Ave, 876 E 41st Pl and 935 E 32nd St. While the average home in Los Angeles, CA is selling in 99 days, 1651 E 42nd St has a days on market of 151 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 1651 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 1651 E 42nd St

Public county record property details
Beds
8
Baths
4
Year built
1965
Sq. Ft.
3,024
Lot Size
5,317
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5116-014-016

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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