NOT LISTED FOR SALE

249 W 42nd Place Unit 251 Los Angeles, CA 90037

Historic South Central Neighborhood

Estimated Value: $597,000 - $836,364

4 Beds
2 Baths
1,952 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $505,000 $259 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,619/month

15 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Attached Carport
  • Granite Countertops
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of October 2017

This home is located at 249 W 42nd Place Unit 251, Los Angeles, CA 90037 since 18 August 2017 and is currently estimated at $740,091, approximately $379 per square foot. This property was built in 1908. 249 W 42nd Place Unit 251 is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

Last Agent to Sell the Property

joselito andrade

Berkshire Hathaway Hm Ser License #01068988 Listed on: 08/18/2017

Berkshire Hathaway Hm Ser

Last Buyer's Agent

James Liew

JM Commercial Properties, Inc. License #01797075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,125

Year Built

  • Built in 1908

Lot Details

  • 5,440 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Updated Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Sewer Paid

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 5111017016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,125

Year Built

Built in 1908

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5111017016
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1952.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 258.71
  • Room Type: Living Room
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5440.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2318.00
  • Tax Lot: 49
  • Tax Tract Number: Cluste

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Jang Jaeyoung and Jang Hannah M
Bought by
Jang Jaeyoung and Jang Hannah M
Current Estimated Value
$740,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$356,490
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$388,669

Purchase Details

Listed on
Aug 18, 2017
Closed on
Sep 6, 2017
Sold by
Gomez Hugo and Gomez Marilynn Yvette
Bought by
Jang Jaeyoung and Jeong Min Kyung
Seller's Agent
joselito andrade
Berkshire Hathaway Hm Ser
Buyer's Agent
James Liew
JM Commercial Properties, Inc.
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$303,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Long Point Properties Llc
Bought by
Gomez Hugo and Gomez Marilynn Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2013
Sold by
2 Hip Investments Llc
Bought by
Long Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2013
Sold by
Butler Ann
Bought by
2 Hip Investments Llc

Purchase Details

Closed on
Oct 20, 2011
Sold by
Butler Ann and Butler Vincent E
Bought by
Butler Ann

Purchase Details

Closed on
Jul 17, 2006
Sold by
Butler Ann
Bought by
Butler Ann and Butler Vincent E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jang Jaeyoung -- Provident Title Company
Jang Jaeyoung $505,000 Orange Coast Title Co Socal
Gomez Hugo $380,000 Fidelity Sherman Oaks
Long Point Properties Llc -- None Available
2 Hip Investments Llc $252,000 None Available
Butler Ann -- None Available
Butler Ann -- Gateway Title Company
Butler Ann -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jang Jaeyoung $399,000
Closed Jang Jaeyoung $303,000
Previous Owner Gomez Hugo $366,884
Previous Owner Gomez Hugo $370,990
Previous Owner Gomez Hugo $373,117
Previous Owner Long Point Properties Llc $192,000
Previous Owner Butler Ann $245,000
Previous Owner Butler Ann $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $505,000 +1.0% $259 / Sq Ft
09/02/2017 09/02/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $499,900 -- $256 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,125 $574,599 $273,076 $301,523
2024 $7,125 $563,333 $267,722 $295,611
2023 $6,991 $552,288 $262,473 $289,815
2022 $6,672 $541,460 $257,327 $284,133
2021 $6,585 $530,844 $252,282 $278,562
2020 $6,648 $525,402 $249,696 $275,706
2019 $6,391 $515,100 $244,800 $270,300
2018 $6,288 $505,000 $240,000 $265,000
2016 $4,822 $393,501 $207,106 $186,395
2015 $4,752 $387,592 $203,996 $183,596
2014 $3,801 $293,000 $190,000 $103,000
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2017

    joselito andrade

    Berkshire Hathaway Hm Ser

    Section Image

  • J

    Buyer's Agent in 2017

    James Liew

    JM Commercial Properties, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17194064

California Regional Multiple Listing Service (CRMLS)

APN: 5111-017-016

California Los Angeles County Los Angeles 90037 Historic South Central

249 W 42nd Place Unit 251, Los Angeles, CA

This home is located at 249 W 42nd Place Unit 251, Los Angeles, CA 90037 since 18 August 2017 and is currently estimated at $740,091, approximately $379 per square foot. This property was built in 1908. 249 W 42nd Place Unit 251 is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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