961 W 42Nd St, Los Angeles, CA 90037
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961 W 42Nd St Los Angeles, CA 90037

$1,040,000 Sold Price as of 02/05/2021
  • 5770 Beds
  • 3848 Baths
  • 3,680 Sq.Ft.
Sold
$1,040,000 Sold Price as of 02/05/2021 Refinance Your Mortgage

Map preview of 961 W 42Nd St, Los Angeles, CA 90037

Property Overview: 961 W 42Nd St Los Angeles, CA has 5770 bedrooms, 3848 bathrooms, 3,680 living square feet and 5,722 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: REDUCDED**** Hugh Price Reduction*****Great Opportunity to Own this Large USC Adjacent Two Story 4 Unit Building****Features (2) 2+1 and (2) 1+1 New Gray Vinyl Floors, Doors, Walls, Windows New Electrical, Plumbing, Quarts Countertops, White Shaker Cabinets, Stainless Steel Appliances, Washer & Dryer hookups. Onsite Parking. Walking distance to Resturants, Shopping, Metro Train and Public Transportation.

Listed by Anna Moore | BRE #00918116 | Wall Street Realty
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 141

Home details

Lot Sq. Ft
5,722
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20617370
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 961
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,333
  • Total Rent: $1,333
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 961
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,151
  • Total Rent: $2,151
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 963
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,924
  • Total Rent: $1,924
  • Pro Forma/Market Rent: $1,975
Unit Breakdown 4
  • # of Units: 963
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $69,096
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 961 W 42Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Room Information
  • Atrium
Kitchen Information
  • Has Appliances
  • Disposal
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5020033012
Location / Neighborhood
Location Information
  • Directions: South of King, East of Vermont, West of Hoover, North of Vernon
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Sale History for 961 W 42Nd St

Last sold for $1,050,000 on February 5th, 2021
  • February, 2021

  • Feb 7, 2021

    Date

    Sold

    CRMLS: 20617370

    $1,040,000

    Price

  • Jan 2, 2021

    Date

    Pending

    CRMLS: 20617370

    $1,100,000

    Price

  • Oct 24, 2020

    Date

    Price Change

    CRMLS: 20617370

    $1,100,000

    Price

  • Oct 9, 2020

    Date

    Price Change

    CRMLS: 20617370

    $1,160,000

    Price

  • Sep 14, 2020

    Date

    Price Change

    CRMLS: 20617370

    $1,280,000

    Price

  • Aug 27, 2020

    Date

    Price Change

    CRMLS: 20617370

    $1,400,000

    Price

  • Aug 18, 2020

    Date

    Price Change

    CRMLS: 20617370

    $1,500,000

    Price

  • Aug 12, 2020

    Date

    Active

    CRMLS: 20617370

    $1,600,000

    Price

  • February, 2021

  • Feb 5, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

  • November, 2013

  • Nov 19, 2013

    Date

    Sold (Public Records)

    Public Records

    $472,000

    Price

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Tax History for 961 W 42Nd St

Assessed Value (2020): $529,056
Year Land Value Improved Value Assessed Value
2020 $302,638 $226,418 $529,056

Home Value Compared to the Market

This property vs the competition

961 W 42Nd St sold on February 5, 2021 for 7.56% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $298.91 per/sqft which puts the price per square foot 60.41% lower than the current median sale per square foot for the city of Los Angeles.

About 961 W 42Nd St

Detailed summary of property

961 W 42Nd St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5770 bedrooms, 3848 bathrooms, roughly 3,680 living square feet, and sits on an approximately 5,722 square foot lot. 961 W 42Nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,040,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.56% lower than the current median priced home. Local homes that are currently for sale include 1557 W 52nd St, 4210 Woodlawn Ave and 4216 Woodlawn Ave. While the average home in Los Angeles, CA is selling in 93 days, 961 W 42Nd St has a days on market of 141 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 961 W 42Nd St 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 961 W 42Nd St

Public county record property details
Beds
4
Baths
4
Year built
1915
Sq. Ft.
3,680
Lot Size
5,722
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,13
APN
5020-033-012

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
$749,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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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.