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2142 Fargo St, Los Angeles, CA 90039
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2142 Fargo St Los Angeles, CA 90039

$785,000 Sold Price as of 11/01/2019
  • 6 Beds
  • 3 Baths
  • 1,264 Sq.Ft.
Sold
$785,000 Sold Price as of 11/01/2019 Refinance Your Mortgage
Map preview of 2142 Fargo St, Los Angeles, CA 90039

Property Overview: 2142 Fargo St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,264 living square feet and 7,466 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic income opportunity in the highly coveted neighborhood of Silver Lake with a duplex in the hills! Excellent shade and a cool breeze accompany this detached side-by-side duplex along with each unit's own private backyard and separate driveway. For those looking for a quiet street and beautiful views, you've found it. The property is in close proximity to excellent options for shopping, recreation, dining and entertainment in the greater areas of Silver Lake, Echo Park, Elysian and downtown L.A. If you're looking to cut down your commute, there's easy transit and freeway access (2,5,101). Each unit's layout mirrors the other with 2 bedrooms, 1 bath, basement, laundry room, open kitchen and living area, porch and patio decks with views. You'll fall in love with this duplex as-is or with the addition of your personal style.

Listed by Christian Aragon | BRE #01930233 | Christian Aragon
Co-listed by Dora Dorame Vigil | BRE #00826984 | Dora Dorame Vigil
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 123

Home details

Lot Sq. Ft
7,466
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19482470
City
Los Angeles
County
Los Angeles
Time on Site
1270 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $25,200
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $31,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $2,700
  • Gross Operating Income: $2,700
  • Improvements Total: $28,444
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2142 Fargo St

Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5422020010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Other
Location / Neighborhood
Location Information
  • Directions: Park in the driveway of the vacant unit - 2142 Fargo
View more facts & features

Local Los Angeles Agent

Sale History for 2142 Fargo St

Last sold for $785,000 on November 1st, 2019

  • November, 2019

  • Nov 5, 2019

    Date

    Sold

    CRMLS: 19482470

    $785,000

    Price

  • Oct 30, 2019

    Date

    Active Under Contract

    CRMLS: 19482470

    $799,999

    Price

  • Oct 21, 2019

    Date

    Active

    CRMLS: 19482470

    $799,999

    Price

  • Oct 21, 2019

    Date

    Expired

    CRMLS: 19482470

    $799,999

    Price

  • Aug 8, 2019

    Date

    Price Change

    CRMLS: 19482470

    $799,999

    Price

  • Jul 20, 2019

    Date

    Active

    CRMLS: 19482470

    $850,000

    Price

  • Jul 8, 2019

    Date

    Active Under Contract

    CRMLS: 19482470

    $850,000

    Price

  • Jun 26, 2019

    Date

    Active

    CRMLS: 19482470

    $850,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2142 Fargo St

Assessed Value (2020): $785,000
Year Land Value Improved Value Assessed Value
2020 $655,000 $130,000 $785,000

Home Value Compared to the Market

This property vs the competition

2142 Fargo St sold on November 1, 2019 for 37.21% 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 $632.91 per/sqft which puts the price per square foot 19.99% lower than the current median sale per square foot for the city of Los Angeles.

About 2142 Fargo St

Detailed summary of property

2142 Fargo St is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,264 living square feet, and sits on an approximately 7,466 square foot lot. 2142 Fargo St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $785,000. 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 37.21% lower than the current median priced home. Local homes that are currently for sale include 673 N Boyle Ave, 2133 Keith St and 2105 Keith St. While the average home in Los Angeles, CA is selling in 100 days, 2142 Fargo St has a days on market of 123 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 2142 Fargo St Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2142 Fargo St

Public county record property details
Beds
4
Baths
2
Year built
1910
Sq. Ft.
1,264
Lot Size
7,466
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
125
APN
5422-020-010

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,825,000
Median List Price/Sq.Ft.
$901
Median Sold Price
$1,840,000
Median Sold Price/Sq.Ft.
$1,277
Total Inventory
51
Median Sale to List Price %
102.28%
Avg Days on Market
21
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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