NOT LISTED FOR SALE

764 E 42nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $697,000 - $821,000

7 Beds
4 Baths
2,750 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $685,000 $249 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,891/month

20 Days on Market

About This Home

As of May 2023

Welcome to this triplex located in the heart of Los Angeles! This property boasts three separate units, each with its own unique charm and character, being sold as is. This property presents an excellent opportunity for a new owner to renovate and create their own unique living space in each unit. The spacious lot offers ample room for outdoor entertainment. This triplex is ideally located in a highly desirable area, with easy access to local shops, restaurants, and entertainment options. With its prime location and multiple income streams, this property is a fantastic investment opportunity for both seasoned investors and first-time buyers looking for a unique living arrangement. Don't miss your chance to make this triplex your next home or investment property!

Last Agent to Sell the Property

Bryan Ochse

Media West Realty,Inc. License #01451724 Listed on: 03/23/2023

Last Buyer's Agent

Roxana Perkinson

Big Block Powerhouse Realty License #02109406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,833

Year Built

  • Built in 1945

Lot Details

  • 5,211 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,750 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Assessor Parcel Number 5115005006

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $300
  • Fuel Expense $100
  • Gardener Expense $1,440
  • Insurance Expense $3,000
  • Water Sewer Expense $50
  • Operating Expense $12,840
  • Gross Income $58,776
  • Net Operating Income $44,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,833

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 225000
  • Property Attached: No
  • Water Sewer Expenses: 50.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5115005006
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 249.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5211.00
  • Lot Size Acres: 0.1196

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 100.00
  • Gross Income: 58776.00
  • Gross Scheduled Income: 58776.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 5211.0000 Square Feet
  • Net Operating Income: 44760.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 12840.00
  • Rent Control: Yes
  • Total Expenses: 12840.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2283.20
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 15, 2023
Sold by
William V Harrison Trust
Bought by
Hernandez Walter A
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Roxana Perkinson
Big Block Powerhouse Realty
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%
Views
126
Current Estimated Value
$762,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,574
Avg. Annual Appreciation
6.76%
Original Mortgage
$513,750
Outstanding Balance
$500,012
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$294,165

Purchase Details

Closed on
Jul 30, 2005
Sold by
Harrison William V
Bought by
Harrison William V and The William V Harrison 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
Hernandez Walter A $685,000 Monarch Title
Harrison William V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Walter A $513,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $685,000 +1.5% $249 / Sq Ft
03/23/2023 03/23/23 For Sale $675,000 -- $245 / 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 $8,833 $712,674 $286,110 $426,564
2024 $8,833 $698,700 $280,500 $418,200
2023 $2,378 $160,625 $32,472 $128,153
2022 $2,279 $157,477 $31,836 $125,641
2021 $2,237 $154,390 $31,212 $123,178
2019 $2,178 $149,812 $30,287 $119,525
2018 $2,082 $146,876 $29,694 $117,182
2016 $1,963 $141,175 $28,542 $112,633
2015 $1,938 $139,056 $28,114 $110,942
2014 $1,964 $136,333 $27,564 $108,769
Source: Public Records

Agents Affiliated with this Home

  • Bryan Ochse

    Seller's Agent in 2023

    Bryan Ochse

    Media West Realty,Inc.

    (323) 431-9650

    3 in this area

    157 Total Sales

    Bryan Ochse
    Section Image

  • R

    Buyer's Agent in 2023

    Roxana Perkinson

    Big Block Powerhouse Realty

    (323) 251-6866

    1 in this area

    17 Total Sales

    Roxana Perkinson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23046809

California Regional Multiple Listing Service (CRMLS)

APN: 5115-005-006

California Los Angeles County Los Angeles 90011 Historic South Central

764 E 42nd St, Los Angeles, CA

This home is located at 764 E 42nd St, Los Angeles, CA 90011 since 23 March 2023 and is currently estimated at $762,574, approximately $277 per square foot. This property was built in 1945. 764 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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