701 E 42nd St Los Angeles, CA 90011

$450,000 Sold Price as of 10/30/2018

2 Beds
2 Baths
1,344 Sq.Ft.

Off Market

$450,000 Sold Price as of 10/30/2018 Refinance Your Mortgage

Map preview of 701 E 42nd St, Los Angeles, CA 90011

Property Overview: 701 E 42nd St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,344 living square feet and 4,918 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

701 E 42nd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 701 E 42nd St

Last sold for $450,000 on October 30th, 2018

July, 2019
Jul 8, 2019

Date

Canceled

CRMLS: SR19146209

$549,000

Price
Jun 20, 2019

Date

Active

CRMLS: SR19146209

$549,000

Price
Listing provided courtesy of CRMLS

STANDARD SALE.... Don't missed this great opportunity to own a Beautiful Duplex located just minutes to downtown Los Angeles, with easy access to FWYs 110 and 5 fwy , this property has a great location close to shops,schools,parks. , this duplex is perfect for an investor who is looking for good income or First time buyer to live in one and rent the second unit.... Agents!!! unit 701 is VACANT in move in conditions, features 2 bedrooms and 2 Bathrooms (this unit has own master bedroom), second unit features 1 bedrooms and 1 bathrooms, large drive way/side yard with a detached garage, front yard gated. Plumbing and Electricity fixtures have been upgraded. Definitely a great investment or owner to live in property.

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October, 2018
Oct 30, 2018

Date

Sold

CRMLS: DW18105797

$450,000

Price
Jun 7, 2018

Date

Pending

CRMLS: DW18105797

$479,900

Price
May 5, 2018

Date

Active

CRMLS: DW18105797

$479,900

Price
Listing provided courtesy of CRMLS

Great opportunity for a first time home buyer to have two units and live in one have rental income in the City of Los Angeles with close proximity to shopping and schools and USC, Entertainment and parks and with a Bonus room and storage in the back with lots of parking and a security gate and plumbing and bathroom fixtures have been upgraded for energy and water conservation.

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October, 2018
Oct 30, 2018

Date

Sold (Public Records)

Public Records

$450,000

Price
April, 2018
Apr 21, 2018

Date

Expired

CRMLS: DW17243520

$455,000

Price
Apr 20, 2018

Date

Active

CRMLS: DW17243520

$455,000

Price
Feb 1, 2018

Date

Pending

CRMLS: DW17243520

$455,000

Price
Jan 25, 2018

Date

Price Change

CRMLS: DW17243520

$455,000

Price
Oct 25, 2017

Date

Active

CRMLS: DW17243520

$513,000

Price
Listing provided courtesy of CRMLS

Well maintained 2 units in the City of Los Angeles, 701 is a 2 Bedroom and 2 bath and 701 1/2 is a 1 Bedroom and 1 Bath unit with close proximity to shopping , schools, USC, Entertainment, parks with a 2 car garage with a storage area off of the garage and lots of parking and a security gate. Great property for first time home buyer. Plumbing and bathroom fixtures have been upgraded for energy and water efficiency.

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December, 2006
Dec 27, 2006

Date

Sold (Public Records)

Public Records

$539,000

Price

Tax History for 701 E 42nd St

Assessed Value (2020): $459,000

Year	Land Value	Improved Value	Assessed Value
2020	$306,000	$153,000	$459,000

About 701 E 42nd St

Detailed summary of property

701 E 42nd St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90011 and last sold on October 30, 2018 for $450,000. This property has 2 bedrooms, 2 bathrooms, roughly 1,344 living square feet, and sits on an approximately 4,918 square foot lot. Homes 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 59.82% lower than the current median priced home. 701 E 42nd St was last sold on October 30, 2018 for $450,000. Local nearby listings include 239 W 41st St, 626 E 54th St and 261 W 43rd Pl. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 701 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 701 E 42nd St

Public county record property details

Beds: 2
Baths: 2
Year built: 1922
Sq. Ft.: 1,344
Lot Size: 4,918
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 12,13
APN: 5115-003-013

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

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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