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242 S Toluca St, Los Angeles, CA 90026
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242 S Toluca St Los Angeles, CA 90026

$795,000 Sold Price as of 04/02/2020
  • 7 Beds
  • 4 Baths
  • 2,056 Sq.Ft.
Sold
$795,000 Sold Price as of 04/02/2020 Refinance Your Mortgage
Map preview of 242 S Toluca St, Los Angeles, CA 90026

Property Overview: 242 S Toluca St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,056 living square feet and 2,396 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Downtown jewel, next to freeways walking distance to Figueroa (Westin Bonaventure Hotel). You can't miss the sweeping visible Renovation going on in Downtown LA and Highlighting Downtown’s diverse neighborhoods. First- Unit consist 4 Bedroom/ 2 Bath, Second-Unit 3Bedroom/2 Bath, Huge Bonus Room. These upgraded units are much in rental-demand, located in an area with a history of being known as a work-only Central Business District, with new supply of urban multifamily. Families are living downtown. With apartments in the pipeline, efforts are not slowing down. Downtown Los Angeles is slowly but surely experiencing a renaissance of both growth and development.

Listed by Ornela Torres | BRE #01970564 | First Team Real Estate
Last checked: 3 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 155

Home details

Lot Sq. Ft
2,396
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
RS19158157
City
Los Angeles
County
Los Angeles
Time on Site
944 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1
  • Total Rent: $1
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $6,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • New Taxes: $0
  • Trash: $450
  • Insurance: $600
  • Water/Sewer: $0

Property Details for 242 S Toluca St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • All Bedrooms Down, Basement
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Fair Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5152010012
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, None, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Second Street and Toluca
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 242 S Toluca St

Last sold on April 2nd, 2020

  • April, 2020

  • Apr 3, 2020

    Date

    Sold

    CRMLS: RS19158157

    $795,000

    Price

  • Feb 5, 2020

    Date

    Pending

    CRMLS: RS19158157

    $875,000

    Price

  • Nov 27, 2019

    Date

    Price Change

    CRMLS: RS19158157

    $875,000

    Price

  • Jul 4, 2019

    Date

    Active

    CRMLS: RS19158157

    $1,100,000

    Price

  • April, 2020

  • Apr 2, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2007

  • Jul 9, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 242 S Toluca St

Assessed Value (2020): $509,084
Year Land Value Improved Value Assessed Value
2020 $319,023 $190,061 $509,084

Home Value Compared to the Market

This property vs the competition

242 S Toluca St sold on April 2, 2020 for 16.67% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $425.58 per/sqft which puts the price per square foot 42.33% lower than the current median sale per square foot for the city of Los Angeles.

About 242 S Toluca St

Detailed summary of property

242 S Toluca St is a duplex that recently sold in Los Angeles, CA 90026. This duplex offered 7 bedrooms, 4 bathrooms, roughly 2,056 living square feet, and sits on an approximately 2,396 square foot lot. 242 S Toluca St was first listed on ArdentRealEstateGroup.com on September 29, 2021. The homeowner sold the property for $795,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.67% lower than the current median priced home. Local homes that are currently for sale include 130 S Clarence St, 2152 Duvall St and 218 E 27th St. While the average home in Los Angeles, CA is selling in 96 days, 242 S Toluca St has a days on market of 155 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 242 S Toluca St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 242 S Toluca St

Public county record property details
Beds
5
Baths
4
Year built
1930
Sq. Ft.
2,056
Lot Size
2,060
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,14
APN
5152-010-012

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$940,000
Median Sold Price/Sq.Ft.
$850
Total Inventory
56
Median Sale to List Price %
100.11%
Avg Days on Market
16
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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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