Seller's Agent in 2016
Rudy Kusuma
Partner Real Estate
(626) 899-5120
197 Total Sales
169 W 42nd St Los Angeles, CA 90037
Historic South Central NeighborhoodEstimated Value: $776,000 - $1,214,399
8
Beds
4
Baths
3,024
Sq Ft
$332/Sq Ft
Est. Value
About This Home
As of April 2016Well maintained 4 unit income property located just a few miles from Downtown Los Angeles! All 4 units were remodeled in 2013 with new kitchen cabinets and counters, along with bathroom vanities and toilets. Three brand new water heaters were replaced recently. The entire building also received dual pane window replacements in 2015. Rents have been stable while tenants have not missed a payment. Total rents $4,950 per month.
Last Agent to Sell the Property
Partner Real Estate License #01820322 Listed on: 01/15/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,008
Year Built
- Built in 1965
Lot Details
- 4,840 Sq Ft Lot
- 1 Common Wall
Parking
- 8 Parking Spaces
Home Design
- Property Attached
Interior Spaces
- 3,024 Sq Ft Home
- Carpet
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 15
- Assessor Parcel Number 5111019021
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $1,300
- Water Sewer Expense $6,000
- New Taxes Expense $5,920
- Gross Income $4,950
- Net Operating Income $46,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2016
Closed on
Feb 18, 2016
Sold by
Lam Kerry
Bought by
Lee Iris Ching and Man Edward Chung Kit
Seller's Agent
Rudy Kusuma
Partner Real Estate
Buyer's Agent
Alexander Chan
Partner Real Estate
List Price
$625,000
Sold Price
$611,900
Premium/Discount to List
-$13,100
-2.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,700
Avg. Annual Appreciation
5.27%
Original Mortgage
$453,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 18, 2013
Closed on
Mar 21, 2013
Sold by
Rancho Horizon Llc
Bought by
Lam Kerry
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ernesto Flores
Re/Max Supreme
List Price
$479,000
Sold Price
$459,000
Premium/Discount to List
-$20,000
-4.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$443,680
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 28, 2013
Sold by
Munguia Douglas
Bought by
Rancho Horizon Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,680
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 5, 2002
Sold by
Corral Plutarco
Bought by
Munguia Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.97%
Purchase Details
Closed on
May 28, 1998
Sold by
Nava Jorge
Bought by
Corral Plutarco and Corral Zulema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,765
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 17, 1998
Sold by
Sanchez Martha
Bought by
Nava Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,765
Interest Rate
7.13%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Iris Ching | $612,000 | First American Title | |
| Lam Kerry | $459,000 | Title 365 | |
| Rancho Horizon Llc | $300,000 | Accommodation | |
| Munguia Douglas | $270,000 | Commonwealth Land Title Co | |
| Corral Plutarco | -- | -- | |
| Nava Jorge | $190,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Iris Ching | $574,000 | |
| Closed | Lee Iris Ching | $453,750 | |
| Previous Owner | Lam Kerry | $443,680 | |
| Previous Owner | Rancho Horizon Llc | $1,187,000 | |
| Previous Owner | Munguia Douglas | $560,000 | |
| Previous Owner | Mungia Douglas | $360,500 | |
| Previous Owner | Munguia Douglas | $297,500 | |
| Previous Owner | Munguia Douglas | $216,000 | |
| Previous Owner | Nava Jorge | $184,765 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2016 04/12/16 | Sold | $611,900 | -2.1% | $202 / Sq Ft |
| 02/15/2016 02/15/16 | Pending | -- | -- | -- |
| 01/15/2016 01/15/16 | For Sale | $625,000 | +36.2% | $207 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $459,000 | -4.2% | $152 / Sq Ft |
| 03/20/2013 03/20/13 | Pending | -- | -- | -- |
| 02/28/2013 02/28/13 | For Sale | $479,000 | -- | $158 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,008 | $724,358 | $366,974 | $357,384 |
| 2024 | $9,008 | $710,156 | $359,779 | $350,377 |
| 2023 | $8,839 | $696,232 | $352,725 | $343,507 |
| 2022 | $8,436 | $682,581 | $345,809 | $336,772 |
| 2021 | $8,322 | $669,198 | $339,029 | $330,169 |
| 2019 | $8,079 | $649,351 | $328,974 | $320,377 |
| 2018 | $7,977 | $636,620 | $322,524 | $314,096 |
| 2016 | $6,004 | $477,465 | $228,850 | $248,615 |
| 2015 | $5,920 | $470,294 | $225,413 | $244,881 |
| 2014 | $5,962 | $461,083 | $220,998 | $240,085 |
Source: Public Records
Agents Affiliated with this Home
-
Rudy Kusuma
-
Kerry Lam
Seller Co-Listing Agent in 2016
Kerry Lam
eXp Realty of California Inc
(626) 447-5100
43 Total Sales
-
Alexander Chan
Buyer's Agent in 2016
Alexander Chan
Partner Real Estate
(626) 789-0159
65 Total Sales
-
R
Seller's Agent in 2013
Rick Young
Young Estate Services
-
E
Buyer's Agent in 2013
Ernesto Flores
Re/Max Supreme
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS16009567
APN: 5111-019-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 260 W 42nd Place
- 239 W 43rd St
- 4216 Woodlawn Ave
- 4334 S Main St
- 125 W Vernon Ave
- 134 W Vernon Ave
- 4230 Wall St
- 142 E Vernon Ave
- 4010 Wall St
- 317 E 42nd Place
- 328 W 45th St
- 217 E Vernon Ave
- 3834 Maple Ave
- 4125 S Figueroa St Unit 101
- 4125 S Figueroa St Unit 218
- 4125 S Figueroa St Unit 212
- 4125 S Figueroa St Unit 410
- 240 W 46th St
- 458 W Vernon Ave
- 528 W 43rd St
- 163 W 42nd St
- 175 W 42nd St
- 157 W 42nd St
- 181 W 42nd St
- 151 W 42nd Place
- 151 W 42nd St
- 187 W 42nd St
- 185 W 42nd Place
- 172 W 41st Place
- 162 W 41st Place
- 178 W 41st Place
- 154 W 41st Place
- 193 W 42nd St
- 145 W 42nd St
- 156 W 41st Place
- 193 W 42nd Place
- 168 W 42nd St
- 186 W 41st Place
- 162 W 42nd St
- 172 W 42nd St