242 W 46th St Los Angeles, CA 90037
South Park Neighborhood
6
Beds
4
Baths
2,604
Sq Ft
6,531
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Wrought Iron Fence
- Wood Burning Fireplace
- Laundry Room
- Turnkey
- Wall Furnace
About This Home
As of June 2021Great opportunity to purchase a Triplex Investment Property. New houses have been constructed and renovated on this street demonstrating and up and coming neighborhood. Unit #1 3/2, Unit #2-2/1, Unit #3-1/1. All Units have their own private yard or Patio Porch. New Exterior Paint, New Main Electrical Panels and New Roof for the Rear Structure. Laundry Hook Ups for all three units. Separate Gas and Electric Meters for each unit. This property is located less than 5 min from USC, Banc of California Stadium, Science Museum, LA Coliseum, Metro Line and 110 freeway.
Last Agent to Sell the Property
Pacifico Realty Inc. License #01347697 Listed on: 01/25/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,370
Year Built
- Built in 1922
Lot Details
- 6,531 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- Property Attached
- Turnkey
- Raised Foundation
- Asphalt Roof
Interior Spaces
- 2,604 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Legal Lot and Block 23 / B
- Tax Tract Number 9983
- Assessor Parcel Number 5110008012
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Water Sewer Expense $2,160
- New Taxes Expense $8,688
- Operating Expense $2,160
- Net Operating Income $15,048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 2, 2024
Sold by
Lee Eunsook
Bought by
Lee Eunsook and Yun Jae Chun
Current Estimated Value
Purchase Details
Closed on
Nov 14, 2024
Sold by
Chun Yun Jae
Bought by
Lee Eunsook
Purchase Details
Closed on
Aug 28, 2024
Sold by
Hwang Grace
Bought by
Lee Eunsook
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,115
Interest Rate
6.32%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 25, 2021
Closed on
May 26, 2021
Sold by
Hernandez Efren and Flores Oscar Romero
Bought by
Hwang Grace
Seller's Agent
Efren Hernandez
Pacifico Realty Inc.
List Price
$674,000
Sold Price
$617,000
Premium/Discount to List
-$57,000
-8.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$217,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 4, 2018
Closed on
Dec 26, 2018
Sold by
Arredondo Guadalupe and The Socorro Gonzalez Arredondo
Bought by
Hernandez Efren and Flores Oscar Romero
Seller's Agent
Luis Garcia
eXp Realty of California Inc
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$67,500
Interest Rate
4.8%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 4, 2018
Closed on
Dec 20, 2018
Sold by
Hernandez Jasmin
Bought by
Flores Oscar Romero
Seller's Agent
Luis Garcia
eXp Realty of California Inc
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.8%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 25, 2013
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Purchase Details
Closed on
Jun 11, 2010
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 3, 2003
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Similar Homes in Los Angeles, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Quit Claim Deed | -- | Lawyers Title | |
| Quit Claim Deed | -- | Lawyers Title | |
| Grant Deed | $680,000 | Lawyers Title | |
| Grant Deed | $680,000 | Lawyers Title | |
| Grant Deed | $617,000 | Usa National Title Co Inc | |
| Grant Deed | $450,000 | Lawyers Title | |
| Quit Claim Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $588,115 | FHA | |
| Previous Owner | $217,000 | New Conventional | |
| Previous Owner | $430,500 | New Conventional | |
| Previous Owner | $67,500 | Construction | |
| Previous Owner | $270,000 | Construction | |
| Previous Owner | $70,000 | Commercial | |
| Previous Owner | $101,000 | Unknown | |
| Previous Owner | $143,994 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2021 06/04/21 | Sold | $617,000 | -1.2% | $237 / Sq Ft |
| 04/24/2021 04/24/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | Price Changed | $624,400 | -3.9% | $240 / Sq Ft |
| 02/16/2021 02/16/21 | Price Changed | $649,500 | -3.6% | $249 / Sq Ft |
| 01/25/2021 01/25/21 | For Sale | $674,000 | +49.8% | $259 / Sq Ft |
| 01/18/2019 01/18/19 | Sold | $450,000 | +3.4% | $173 / Sq Ft |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | For Sale | $435,000 | -- | $167 / 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 |
|---|---|---|---|---|
| 2024 | $8,370 | $654,763 | $392,646 | $262,117 |
| 2023 | $8,214 | $641,926 | $384,948 | $256,978 |
| 2022 | $7,843 | $629,340 | $377,400 | $251,940 |
| 2021 | $7,089 | $561,658 | $396,768 | $164,890 |
| 2020 | $7,155 | $555,900 | $392,700 | $163,200 |
| 2019 | $2,665 | $185,695 | $55,701 | $129,994 |
| 2018 | $2,518 | $182,055 | $54,609 | $127,446 |
| 2016 | $2,384 | $174,989 | $52,490 | $122,499 |
| 2015 | $2,353 | $172,361 | $51,702 | $120,659 |
| 2014 | $2,381 | $168,986 | $50,690 | $118,296 |
Source: Public Records
Agents Affiliated with this Home
-
Efren Hernandez
E
Seller's Agent in 2021
Efren Hernandez
Pacifico Realty Inc.
(818) 489-4955
1 in this area
9 Total Sales
-
L
Seller's Agent in 2019
Luis Garcia
eXp Realty of California Inc
-
R
Buyer's Agent in 2019
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
-
C
Buyer's Agent in 2019
Carlos Estrada
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21012520
APN: 5110-008-012
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
- 240 W 46th St
- 315 W 47th St
- 210 W 47th St
- 201 W 46th St
- 328 W 45th St
- 347 W 46th St
- 160 W 48th St
- 4714 S Main St
- 125 W Vernon Ave
- 457 W 46th St
- 458 W Vernon Ave
- 132 E 47th Place
- 142 E Vernon Ave
- 159 E 47th St
- 260 W 42nd Place
- 432 W 49th St
- 194 E 47th Place
- 317 W 51st St
- 4614 Wall St
- 4301 Woodlawn Ave