Seller's Agent in 2022
Brian Noh
Nohco Real Estate
(213) 804-7647
8 in this area
137 Total Sales
742 E 32nd St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $868,000 - $1,067,494
8
Beds
4
Baths
3,248
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling Fan
- Back Yard
- Living Room
- Wall Furnace
About This Home
As of December 2022A wonderful 4 unit apartment offering a tremendous value add opportunity for a local and experienced investor to capitalize on the growing rents in the area. The entire property is comprised of a two story buildings totaling 3,248sf. Built in 1926, it sits on almost 5,395sf of R1.5 zoned land and all of the units are Two Bedroom, in good condition, and has month to month tenants. With rear alley access, it provides ample parking for each unit and enough space to construct a new ADU for additional income. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 5,395 Sq Ft Lot
- 1 Common Wall
- Back Yard
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Flat Roof Shape
Interior Spaces
- 3,248 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Wall Furnace
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 96
- Assessor Parcel Number 5120024008
- $438 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $22,758
- Gross Income $69,432
- Net Operating Income $44,591
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 22, 2025
Sold by
Fernandez Salas Maria Alicia and Aly Fernandez Aly
Bought by
Fernandez 89 Revocable Living Trust and Femandez
Current Estimated Value
Purchase Details
Listed on
Oct 20, 2022
Closed on
Dec 7, 2022
Sold by
Cnp 73 Llc
Bought by
Salas Maria Alicia Ferna
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Frank Pina
A First Choice Financial Group
List Price
$899,900
Sold Price
$925,000
Premium/Discount to List
$25,100
2.79%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$800,009
Interest Rate
7.08%
Mortgage Type
FHA
Purchase Details
Listed on
Oct 13, 2018
Closed on
Nov 21, 2018
Sold by
Norman Wendy
Bought by
Cnp 73 Llc
Seller's Agent
John Harris
John R. Harris, Broker
Buyer's Agent
Raymond Yudain
Raymond Yudain
List Price
$715,000
Sold Price
$675,000
Premium/Discount to List
-$40,000
-5.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Purchase Details
Closed on
Mar 15, 2002
Sold by
Rheuban Steven
Bought by
Norman Wendy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.13%
Purchase Details
Closed on
Apr 4, 2000
Sold by
Bank Of New York
Bought by
Rheuban Steve and Rheuban Marjorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8.47%
Purchase Details
Closed on
Sep 22, 1999
Sold by
Mitchell Marisa
Bought by
Amresco Residential Securities Corp Mtg
Purchase Details
Closed on
Dec 14, 1995
Sold by
Mitchell Jeffrey D
Bought by
Mitchell Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,990
Interest Rate
7.37%
Purchase Details
Closed on
Oct 20, 1993
Sold by
Mitchell Jeffrey D
Bought by
Mitchell Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.88%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fernandez 89 Revocable Living Trust | -- | -- | |
| Salas Maria Alicia Ferna | $925,000 | Provident Title | |
| Cnp 73 Llc | $675,000 | Stewart Title | |
| Norman Wendy E | $285,000 | Fidelity Title | |
| Rheuban Steve | $157,000 | Benefit Land Title Company | |
| Amresco Residential Securities Corp Mtg | $167,923 | Fidelity National Title Ins | |
| Mitchell Marisa | -- | American Title Ins Co | |
| Mitchell Marisa | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Salas Maria Alicia Ferna | $800,009 | |
| Previous Owner | Norman Wendy E | $228,000 | |
| Previous Owner | Rheuban Steve | $125,600 | |
| Previous Owner | Mitchell Marisa | $129,990 | |
| Previous Owner | Mitchell Marisa | $32,000 | |
| Closed | Norman Wendy E | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $925,000 | +2.8% | $285 / Sq Ft | |
| 11/08/2022 11/08/22 | Pending | -- | -- | -- | |
| 10/20/2022 10/20/22 | For Sale | $899,900 | +33.3% | $277 / Sq Ft | |
| 12/10/2018 12/10/18 | Sold | $675,000 | -5.6% | $208 / Sq Ft | View Prior Sale |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- | |
| 10/13/2018 10/13/18 | For Sale | $715,000 | -- | $220 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $11,789 | $962,370 | $624,240 | $338,130 |
| 2024 | $11,789 | $943,500 | $612,000 | $331,500 |
| 2023 | $11,565 | $925,000 | $600,000 | $325,000 |
| 2022 | $8,732 | $709,543 | $420,470 | $289,073 |
| 2021 | $8,613 | $695,631 | $412,226 | $283,405 |
| 2020 | $8,696 | $688,500 | $408,000 | $280,500 |
| 2019 | $8,360 | $675,000 | $400,000 | $275,000 |
| 2018 | $4,811 | $370,015 | $110,351 | $259,664 |
| 2016 | $4,572 | $355,649 | $106,067 | $249,582 |
| 2015 | $4,509 | $350,308 | $104,474 | $245,834 |
| 2014 | $4,548 | $343,447 | $102,428 | $241,019 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Noh
-
Frank Pina
F
Buyer's Agent in 2022
Frank Pina
A First Choice Financial Group
(714) 476-9993
1 in this area
30 Total Sales
-
F
Buyer's Agent in 2022
Francisco Pina
RE/MAX
-
John Harris
J
Seller's Agent in 2018
John Harris
John R. Harris, Broker
(714) 267-7069
25 Total Sales
-
R
Buyer's Agent in 2018
Raymond Yudain
Raymond Yudain
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22202427
APN: 5120-024-008
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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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