NOT LISTED FOR SALE

656 E 42nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $807,000 - $1,011,000

4 Beds
3 Baths
1,657 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $340,000 $205 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $5,003/month

59 Days on Market

Highlights

  • Contemporary Architecture
  • No Heating
  • 3-minute walk to Gilbert Lindsay Recreation Center

About This Home

As of April 2013

Excellent opportunity for a new homeowner that wants the property to help pay for itself. Both units have been freshly remodelled. New flooring; hardwood, tile and carpet throughout both units. New plumbing, electrical, walls and paint with an extra 272 sq ft added new construction (with permits). Nicely newly appointed kitchens with granite counters and stainless steel sinks. New bathrooms with new fixtures. Parking on property in rear with alley access. Tenant in rear unit so income generating already. Bring your buyers and let them see for themselves that this property has everything to offer and just needs a new family. Property sold as-is and rear unit will be delivered occupied, buyer to verify all information.

Last Agent to Sell the Property

Silvio Pacheco

eXp Realty of California Inc License #01828649 Listed on: 12/02/2012

eXp Realty of California Inc

Last Buyer's Agent

Silvio Pacheco

eXp Realty of California Inc License #01828649 Listed on: 12/02/2012

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,542

Parking

  • 2 Parking Spaces

Home Design

  • 1,657 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 5,542 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Tax Tract Number 2283
  • Assessor Parcel Number 5115006010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5115006010
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 205.19

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5542.00
  • Lot Size Acres: 0.1270

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 7
  • Tax Block: A
  • Tax Lot: 10
  • Tax Tract Number: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Fonseca Cecilia G
Bought by
Guzman Oscar
Current Estimated Value
$872,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$331,027
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$541,279

Purchase Details

Listed on
Dec 2, 2012
Closed on
Mar 28, 2013
Sold by
Socal Rehab Series One Lp
Bought by
Guzman Oscar and Fonseca Cecilia G
Seller's Agent
Silvio Pacheco
eXp Realty of California Inc
Buyer's Agent
Silvio Pacheco
eXp Realty of California Inc
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$333,841
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2012
Sold by
243 Newport Llc
Bought by
Socal Rehab Series One Lp

Purchase Details

Closed on
Aug 19, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
243 Newport Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,525
Interest Rate
4.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 15, 2010
Sold by
Rosas Felipe
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 13, 2006
Sold by
Solis Catalina
Bought by
Rosas Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Placidon Erika
Bought by
Rosas Felipe and Solis Catalina

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
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Rosas Felipe and Rosas Raul
Bought by
Placidon Erika

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
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Rmc Realty Inc
Bought by
Rosas Felipe and Genis Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,647
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2002
Sold by
Marovic Marija
Bought by
Rmc Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,647
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2002
Sold by
California/Equicredit Corp
Bought by
Marovic Marija

Purchase Details

Closed on
Feb 2, 2001
Sold by
Pass Dale
Bought by
California/Equicredit Corp

Purchase Details

Closed on
Aug 19, 1999
Sold by
Ocampo Ramon C
Bought by
Pass Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 11, 1997
Sold by
Hud
Bought by
Ocampo Ramon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,670
Interest Rate
4.25%

Purchase Details

Closed on
Feb 20, 1997
Sold by
Garvin Mark and Countrywide Home Loans Inc
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp

Purchase Details

Closed on
Jan 30, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
May 1, 1996
Sold by
Mendoza Crystal
Bought by
Garvin Mark

Purchase Details

Closed on
Nov 16, 1995
Sold by
Garvin Mark
Bought by
Mendoza Crystal

Purchase Details

Closed on
Apr 4, 1995
Sold by
Strong Bernel
Bought by
Garvin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,176
Interest Rate
8.81%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1995
Sold by
Garvin Jacqueline
Bought by
Garvin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,176
Interest Rate
8.81%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1994
Sold by
Hamilton Smith Edna Hamilton and Hamilton Styles Linnie
Bought by
Strong Bernel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,207
Interest Rate
8.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guzman Oscar -- Fidelity National Title Co
Guzman Oscar $340,003 First American Title Company
Socal Rehab Series One Lp -- Accommodation
243 Newport Llc $134,500 Ticor Title Company Of Ca
Deutsche Bank National Trust Company $169,551 Servicelink
Rosas Felipa -- None Available
Rosas Felipe -- --
Placidon Erika $270,000 Orange Coast Title
Rosas Felipe -- Orange Coast Title
Rosas Felipe $217,000 Fidelity National Title Co
Rmc Realty Inc -- --
Marovic Marija $139,000 First American Title Ins
Marovic Marija -- --
Marovic Marija $139,000 First American Title Ins
California/Equicredit Corp $119,900 American Title
Pass Dale $200,000 South Coast Title
Ocampo Ramon C $118,500 --
Countrywide Home Loans Inc $160,193 Landsafe Title
Hud -- Landsafe Title
Garvin Mark -- --
Mendoza Crystal -- --
Garvin Mark $154,000 California Counties Title Co
Garvin Mark -- California Counties Title Co
Strong Bernel -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Oscar $372,000
Previous Owner Guzman Oscar $333,841
Previous Owner 243 Newport Llc $168,525
Previous Owner Rosas Felipa $332,000
Previous Owner Placidon Erika $216,000
Previous Owner Rosas Felipe $213,647
Previous Owner Pass Dale $156,000
Previous Owner Ocampo Ramon C $82,670
Previous Owner Garvin Mark $151,176
Previous Owner Strong Bernel $91,207
Closed Pass Dale $29,250
Closed Placidon Erika $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $340,000 -2.8% $205 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
12/02/2012 12/02/12 For Sale $349,900 -- $211 / 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 $5,304 $418,675 $221,651 $197,024
2024 $5,304 $410,466 $217,305 $193,161
2023 $5,206 $402,419 $213,045 $189,374
2022 $4,971 $394,529 $208,868 $185,661
2021 $4,903 $386,794 $204,773 $182,021
2020 $4,948 $382,829 $202,674 $180,155
2019 $4,761 $375,323 $198,700 $176,623
2018 $4,647 $367,964 $194,804 $173,160
2016 $4,427 $353,678 $187,241 $166,437
2015 $4,365 $348,366 $184,429 $163,937
2014 $4,390 $341,543 $180,817 $160,726
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Silvio Pacheco

    eXp Realty of California Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P842417

California Regional Multiple Listing Service (CRMLS)

APN: 5115-006-010

California Los Angeles County Los Angeles 90011 Historic South Central

656 E 42nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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