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702 E 42Nd St #4, Los Angeles, CA 90011
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702 E 42Nd St #4 Los Angeles, CA 90011

$941,914 Sold Price as of 07/06/2023
  • 8 Beds
  • 4 Baths
  • 3,304 Sq.Ft.
Sold
$941,914 Sold Price as of 07/06/2023 Refinance Your Mortgage
Map preview of 702 E 42Nd St #4, Los Angeles, CA 90011

Property Overview: 702 E 42Nd St #4 Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,304 living square feet and 5,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Income Producing Four Unit Building, with Extra Laundry Income. Excellent Long-Term Tenants. $25,000. Recently Spent on New Exterior Paint, Staircase and Walkways Repairs and New Tub Enclosures. Great Los Angeles Location.

Listed by Ralph Osborne | BRE #00644301 | Nordine Realty, Inc
Last checked: 10 minutes ago | Last updated: July 7th, 2023 | Source CRMLS | DOM: 242

Home details

Lot Sq. Ft
5,399
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22194573
City
Los Angeles
County
Los Angeles
Time on Site
670 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,335
  • Total Rent: $1,335
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,700
  • Net Operating Income: $54,200
  • Gross Operating Income: --
  • Laundry Income: $140
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $8,500
  • Electric: $0
  • Trash: $0
  • Insurance: $2,300
  • Water/Sewer: $6,200

Property Details for 702 E 42Nd St #4

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile, Vinyl
Kitchen Information
  • Has Appliances
  • Free-Standing Range
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Block, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Parking Features: Concrete, Paved, Unpaved, Driveway Level, Gated, Off Street, Parking Space, Side by Side, Street, Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5115006016
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Private
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of Avalon Blvd
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 702 E 42Nd St #4

Last sold for $941,914 on July 6th, 2023

  • July, 2023

  • Jul 6, 2023

    Date

    Sold

    CRMLS: PW22194573

    $941,914

    Price

  • Sep 4, 2022

    Date

    Active

    CRMLS: PW22194573

    $1,195,000

    Price

  • June, 2021

  • Jun 22, 2021

    Date

    Price Change

    CRMLS: PW20218456

    $1,049,900

    Price

  • Oct 16, 2020

    Date

    Active

    CRMLS: PW20218456

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    Great Income Producing Four Unit Building, with Extra Laundry Income. Excellent Long Term Tenants. $10,000. Recently Spent on New Exterior Paint, Staircase and Walkways Repairs. Great Los Angeles Location.

  • May, 2019

  • May 15, 2019

    Date

    Canceled

    CRMLS: PW19043062

    $845,000

    Price

  • Feb 26, 2019

    Date

    Active

    CRMLS: PW19043062

    $845,000

    Price

  • Listing provided courtesy of CRMLS

    Great Income Producing Four Unit Building, with Laundry Income. Excellent Long Term Tenants. 10K Just Spent on New Exterior Paint, Staircase and Walkways Repairs.

  • January, 2019

  • Jan 11, 2019

    Date

    Expired

    CRMLS: PW18167682

    $845,000

    Price

  • Jul 12, 2018

    Date

    Active

    CRMLS: PW18167682

    $845,000

    Price

  • Listing provided courtesy of CRMLS

    Great Income Producing Four Unit Building, with Laundry Income. Excellent Long Term Tenants. Property needs exterior painting/repairs, seller willing to credit buyer $5,000.00

  • January, 2006

  • Jan 27, 2006

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • July, 2000

  • Jul 31, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 702 E 42Nd St #4

Assessed Value (2020): $749,730
Year Land Value Improved Value Assessed Value
2020 $574,796 $174,934 $749,730

Home Value Compared to the Market

This property vs the competition

702 E 42Nd St #4 sold on July 6, 2023 for 21.9% 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 $301.15 per/sqft which puts the price per square foot 61.93% lower than the current median sale per square foot for the city of Los Angeles.

About 702 E 42Nd St #4

Detailed summary of property

702 E 42Nd St #4 is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,304 living square feet, and sits on an approximately 5,399 square foot lot. 702 E 42Nd St #4 was first listed on ArdentRealEstateGroup.com on September 4, 2022. The homeowner sold the property for $941,914. 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 21.9% lower than the current median priced home. Local homes that are currently for sale include 1195 E 49th St, 178 E 49th St and 5123 S San Pedro. While the average home in Los Angeles, CA is selling in 100 days, 702 E 42Nd St #4 has a days on market of 242 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 702 E 42Nd St #4 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 702 E 42Nd St #4

Public county record property details
Beds
8
Baths
4
Year built
1965
Sq. Ft.
3,304
Lot Size
5,398
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5115-006-016

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
$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%)

Thinking of Selling?

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(714) 706-1823

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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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