R
Seller's Agent in 2023
Ralph Osborne
Nordine Realty, Inc
(562) 944-9774
1 in this area
8 Total Sales
702 E 42nd St Unit 4 Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $856,000 - $1,075,000
8
Beds
4
Baths
3,304
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Gated Parking
- Side by Side Parking
- Tile Flooring
- Contemporary Architecture
- Laundry Room
- 4-minute walk to Gilbert Lindsay Recreation Center
About This Home
As of July 2023Great Income Producing Four Unit Building, with Extra Laundry Income. Excellent Long-Term Tenants. $25,000. Recently Spent on New Exterior
Paint, Staircase and Walkways Repairs and New Tub Enclosures. Great Los Angeles Location.
Last Agent to Sell the Property
Nordine Realty, Inc License #00644301 Listed on: 09/04/2022
Last Buyer's Agent
Elias Moossighi
Legions California Realty License #00954782
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965 | Remodeled
Lot Details
- 5,399 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Chain Link Fence
- Density is 2-5 Units/Acre
Home Design
- Contemporary Architecture
- Property Attached
- Flat Roof Shape
- Raised Foundation
- Stucco
Interior Spaces
- 3,304 Sq Ft Home
- Blinds
- Free-Standing Range
- Laundry Room
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Side by Side Parking
- Driveway Level
- Gated Parking
- Unpaved Parking
- Paved Parking
- On-Street Parking
- Parking Lot
- Off-Street Parking
Outdoor Features
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Private Water Source
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 16 / A
- Assessor Parcel Number 5115006016
- $493 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,300
- Water Sewer Expense $6,200
- Operating Expense $8,500
- Gross Income $62,700
- Net Operating Income $54,200
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2022
Closed on
Jun 9, 2023
Sold by
Bought by
Seller's Agent
Ralph Osborne
Nordine Realty, Inc
Buyer's Agent
Elias Moossighi
Legions California Realty
List Price
$1,195,000
Sold Price
$941,914
Premium/Discount to List
-$253,086
-21.18%
Views
21
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
$13,367
Avg. Annual Appreciation
0.89%
Original Mortgage
$706,435
Interest Rate
0.0657%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 3, 2022
Sold by
Bought by
Purchase Details
Closed on
May 16, 2006
Sold by
Bought by
Purchase Details
Closed on
Jan 23, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0725%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 20, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0725%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
0.0595%
Purchase Details
Closed on
Dec 28, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,142
Interest Rate
0.0771%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 29, 2000
Sold by
Bought by
Purchase Details
Closed on
Sep 10, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
0.0795%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 10, 1997
Sold by
Bought by
Purchase Details
Closed on
Mar 12, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $942,000 | Wfg National Title | ||
| -- | Sandoval Legacy Group | ||
| -- | Sandoval Legacy Group | ||
| -- | None Available | ||
| -- | First American Title Co | ||
| $600,000 | First American Title Co | ||
| -- | First American Title Co | ||
| -- | California Counties Title Co | ||
| -- | -- | ||
| $230,000 | American Title | ||
| -- | -- | ||
| -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $706,435 | ||
| Closed | $480,000 | ||
| Closed | $280,000 | ||
| Closed | $247,000 | ||
| Closed | $233,353 | ||
| Closed | $226,652 | ||
| Closed | $227,142 | ||
| Closed | $228,119 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2023 07/06/23 | Sold | $941,914 | -5.3% | $285 / Sq Ft |
| 01/30/2023 01/30/23 | Price Changed | $995,000 | -16.7% | $301 / Sq Ft |
| 09/04/2022 09/04/22 | For Sale | $1,195,000 | -- | $362 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,990 | $960,840 | $306,000 | $654,840 |
| 2024 | $11,827 | $942,000 | $300,000 | $642,000 |
| 2023 | $9,978 | $788,097 | $604,212 | $183,885 |
| 2022 | $9,523 | $772,645 | $592,365 | $180,280 |
| 2021 | $9,395 | $757,496 | $580,750 | $176,746 |
| 2020 | $9,486 | $749,730 | $574,796 | $174,934 |
| 2019 | $9,120 | $735,030 | $563,526 | $171,504 |
| 2018 | $9,006 | $720,619 | $552,477 | $168,142 |
| 2016 | $8,589 | $692,639 | $531,025 | $161,614 |
| 2015 | $8,466 | $682,236 | $523,049 | $159,187 |
| 2014 | $8,515 | $668,873 | $512,804 | $156,069 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Osborne
-
E
Buyer's Agent in 2023
Elias Moossighi
Legions California Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22194573
APN: 5115-006-016
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
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