NOT LISTED FOR SALE

726 E 42nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $571,000 - $700,308

1 Bed
1 Bath
1,205 Sq Ft
$517/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $410,000 $340 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,854/month

22 Days on Market

Highlights

  • Park
  • Rectangular Lot
  • 5-minute walk to Gilbert Lindsay Recreation Center
  • Laundry Room
  • Front Yard

About This Home

As of July 2020

Great value & invest opportunity! Property is a Duplex with plenty of parking in back accessed through alley. Both units are a 1 bedroom 1 bathroom, tenant occupied and have separate electric & gas meter.

Last Agent to Sell the Property

Angela Whiteway

Seville Properties License #00818484 Listed on: 05/11/2020

Last Buyer's Agent

Jorge Gonzalez

Seville Properties License #00765586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1906

Lot Details

  • 5,328 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Front Yard

Home Design

  • 1,205 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 19 / A
  • Assessor Parcel Number 5115005001

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $663
  • New Taxes Expense $5,000
  • Net Operating Income $9,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,525

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5115005001
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 340.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 9.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 5328.00
  • Lot Size Acres: 0.1223

Multi Family

  • Gross Scheduled Income: 45732.00
  • Insurance Expense: 663.00
  • Lot Size Area: 5328.0000 Square Feet
  • Net Operating Income: 9708.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12472.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Block: A
  • Tax Census Tract: 2283.20
  • Tax Lot: 19
  • Tax Tract Number: ENTWIS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 29, 2020
Sold by
Shamblin Sean and Clark Holly Hanh
Bought by
Medina Heriberto Avina and Ochao Angelica
Seller's Agent
Angela Whiteway
Seville Properties
Buyer's Agent
Jorge Gonzalez
Seville Properties
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Current Estimated Value
$622,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,827
Avg. Annual Appreciation
8.24%
Original Mortgage
$402,573
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2008
Sold by
Clark Sean
Bought by
Clark Sean Shamblin and Clark Living Trust
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
Medina Heriberto Avina $410,000 Provident Title Company
Clark Sean Shamblin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Heriberto Avina $549,450
Closed Medina Heriberto Avina $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $410,000 +2.5% $340 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $400,000 -- $332 / 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 $5,525 $443,794 $400,498 $43,296
2024 $5,525 $435,094 $392,646 $42,448
2023 $5,422 $426,564 $384,948 $41,616
2022 $5,174 $418,200 $377,400 $40,800
2021 $5,109 $410,000 $370,000 $40,000
2020 $604 $26,387 $15,885 $10,502
2019 $592 $25,871 $15,574 $10,297
2018 $502 $25,365 $15,269 $10,096
2016 $467 $24,382 $14,677 $9,705
2015 $463 $24,017 $14,457 $9,560
2014 $479 $23,547 $14,174 $9,373
Source: Public Records

Agents Affiliated with this Home

  • Angela Whiteway

    Seller's Agent in 2020

    Angela Whiteway

    Seville Properties

    (310) 402-3250

    2 in this area

    43 Total Sales

    Angela Whiteway
    Section Image
  • Jorge Gonzalez

    Buyer's Agent in 2020

    Jorge Gonzalez

    Seville Properties

    (310) 918-8671

    2 in this area

    11 Total Sales

    Jorge Gonzalez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN20087570

California Regional Multiple Listing Service (CRMLS)

APN: 5115-005-001

California Los Angeles County Los Angeles 90011 Historic South Central

726 E 42nd St, Los Angeles, CA

This home is located at 726 E 42nd St, Los Angeles, CA 90011 since 11 May 2020 and is currently estimated at $622,827, approximately $516 per square foot. This property was built in 1906. 726 E 42nd St is a home located in Los Angeles County with nearby schools including Harmony Elementary School, George Washington Carver 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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