956 W 42nd Pl Los Angeles, CA 90037

$497,500 Sold Price as of 07/05/2017

1 Beds
1 Baths
1,958 Sq.Ft.

Off Market

$497,500 Sold Price as of 07/05/2017 Refinance Your Mortgage

Map preview of 956 W 42nd Pl, Los Angeles, CA 90037

Property Overview: 956 W 42nd Pl Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,958 living square feet and 4,799 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

956 W 42nd Pl 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 $772. 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 $63,700. 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 956 W 42nd Pl

Last sold for $497,500 on July 5th, 2017

May, 2021
May 20, 2021

Date

Canceled

CRMLS: 20618790

$899,000

Price
Oct 25, 2020

Date

Price Change

CRMLS: 20618790

$899,000

Price
Sep 25, 2020

Date

Price Change

CRMLS: 20618790

$949,000

Price
Aug 16, 2020

Date

Active

CRMLS: 20618790

$995,000

Price
Aug 14, 2020

Date

Coming Soon

CRMLS: 20618790

$995,000

Price
Listing provided courtesy of CRMLS

The property is conveniently located in up and coming South Los Angeles area where you are 10 minutes away from USC, located near local shops and bars, as well as major Metro lines allowing for ease in commuting. Great for someone looking for an investment property that allows them to Live in either unit and rent out the other. Major cross streets are Vermont and King. Home includes upgraded features that allow for a turn-key opportunity with major upside for rental income.

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April, 2020
Apr 6, 2020

Date

Canceled

CRMLS: CV20052465

$1,150,000

Price
Mar 21, 2020

Date

Active

CRMLS: CV20052465

$1,150,000

Price
Listing provided courtesy of CRMLS

Prime housing development opportunity near popular establishments and up and coming developments. Property is currently a duplex on a 4,799 square foot lot with potential to renovate & build or tear down and build new units. Current zoning is R3-1 which allows you to build 6 by right, plus 3-4 more units with density bonus (TOC tier 3) and up to 18,000 buildable square feet (buyer to verify). The area has seen and will continue to see major improvements due to the LA Metro Exposition Light Rail, Banc of California Stadium (less than 0.5 miles from property), the $1 billion George Lucas Narrative art museum that is under construction, and only 1 mile from USC campus and near USC Village offering a mix of major national retailers and favorite local restaurants.

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July, 2017
Jul 5, 2017

Date

Sold (Public Records)

Public Records

$497,500

Price
February, 2015
Feb 24, 2015

Date

Sold (Public Records)

Public Records

$246,000

Price

Tax History for 956 W 42nd Pl

Assessed Value (2020): $517,599

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$205,479	$517,599

About 956 W 42nd Pl

Detailed summary of property

956 W 42nd Pl is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90037 and last sold on July 5, 2017 for $497,500. This property has 1 bedrooms, 1 bathrooms, roughly 1,958 living square feet, and sits on an approximately 4,799 square foot lot. Homes 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 60.95% lower than the current median priced home. 956 W 42nd Pl was last sold on July 5, 2017 for $497,500. Local nearby listings include 4191 La Salle Ave, 4191 La Salle Ave and 908 W 57th St. The average home in Los Angeles, CA is selling in 100 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. If you are the homeowner and looking to sell the home at 956 W 42nd Pl Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 956 W 42nd Pl

Public county record property details

Beds: 1
Baths: 1
Year built: 1921
Sq. Ft.: 1,958
Lot Size: 4,799
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5020-034-018

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$725,000

Median List Price/Sq.Ft.

$483

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

Median Sale to List Price %

103.45%

Avg Days on Market

Loan Type

Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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(714) 706-1823

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