NOT LISTED FOR SALE

771 775 E 42nd Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $721,000 - $834,000

4 Beds
2 Baths
1,340 Sq Ft
$585/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $379,000 $283 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,845/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2015

STANDARD SALE.. BACK ON THE MARKET AS 8/22/2015..Two houses in one lot. Front unit is 3 bedrooms and 2 baths and back unit is one and one. Both units were totally remodeled 4 years ago (including roof and plumbing) and still they look in good shape. Each unit has their own laundry area, The front house has long driveway and the back unit has access front the alley. According to recently VA appraisal front house measured larger than what it shows in tax assessor and the property was appraised higher than $379000.00.

Last Agent to Sell the Property

Andres Garcia

Hope Realty Services Inc. License #01115131 Listed on: 08/22/2015

Last Buyer's Agent

Edson & Alma Moreno

Coldwell Banker Assoc.Brkr-Mur License #01726439

Coldwell Banker Assoc.Brkr-Mur

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,486

Year Built

  • Built in 1954

Lot Details

  • 5,188 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Parking Spaces

Home Design

  • 1,340 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Shingle Roof

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Granite Countertops
  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 48 / A
  • Tax Tract Number 2283
  • Assessor Parcel Number 5115005019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,486

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Other Phone Number: 818-606-7155
  • Property Attached: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5115005019
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 282.84

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5188.00
  • Price Per Lot Square Foot: 73.05
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 5188.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Block: A
  • Tax Lot: 48
  • Tax Tract Number: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Santos Gamy Rosario Yanira and Santos Gamy Yanluy
Bought by
Nita Lilia Garcia
Current Estimated Value
$783,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,683
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 1, 2015
Sold by
Wuipes Mauritania Serrano
Bought by
Garay Yanluy Santos
Seller's Agent
Andres Garcia
Hope Realty Services Inc.
Buyer's Agent
Edson & Alma Moreno
Coldwell Banker Assoc.Brkr-Mur
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$372,135
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 22, 2015
Closed on
Sep 10, 2015
Sold by
Ismael Mayorga Mirian H and Ismael Castfo Aldrin
Bought by
Garay Rosario Yamira Santos and Garay Yanluy Santos
Seller's Agent
Andres Garcia
Hope Realty Services Inc.
Buyer's Agent
Edson & Alma Moreno
Coldwell Banker Assoc.Brkr-Mur
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,135
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2014
Sold by
Mayorga Mirian H
Bought by
Mayorga Mirian H and Castro Aldrin Ismael

Purchase Details

Closed on
May 20, 2010
Sold by
Urban Development Partners V Llc
Bought by
Mayorga Mirian H and Mayorga Eduardo Martin

Purchase Details

Closed on
Jan 19, 2010
Sold by
Mclemore Alma and Lewis Living Trust
Bought by
Urban Development Partners V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2003
Sold by
Lewis Mable
Bought by
Lewis Mabel and Lewis 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
Nita Lilia Garcia $680,000 Fidelity National Title
Garay Yanluy Santos -- Wfg National Title Ins Co
Garay Rosario Yamira Santos $379,000 Wfg National Title Ins Co
Mayorga Mirian H -- Accommodation
Mayorga Mirian H -- Accommodation
Mayorga Mirian H $319,000 Fidelity Van Nuys
Urban Development Partners V Llc -- Fidelity National Title
Lewis Mabel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nila Lilia Garcia $671,654
Previous Owner Nita Lilia Garcia $667,683
Previous Owner Garay Rosario Yamira Santos $372,135
Previous Owner Urban Development Partners V Llc $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $379,000 0.0% $283 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $379,000 -- $283 / 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 $8,486 $693,600 $561,000 $132,600
2024 $8,486 $680,000 $550,000 $130,000
2023 $5,500 $431,232 $136,536 $294,696
2022 $5,250 $422,777 $133,859 $288,918
2021 $5,183 $414,488 $131,235 $283,253
2020 $5,232 $410,239 $129,890 $280,349
2019 $5,032 $402,196 $127,344 $274,852
2018 $4,921 $394,311 $124,848 $269,463
2016 $4,699 $379,000 $120,000 $259,000
2015 $4,235 $340,052 $111,929 $228,123
2014 $4,260 $333,392 $109,737 $223,655
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Andres Garcia

    Hope Realty Services Inc.

    (818) 830-7676

    23 Total Sales

    Andres Garcia
    Section Image
  • Edson & Alma Moreno

    Buyer's Agent in 2015

    Edson & Alma Moreno

    Coldwell Banker Assoc.Brkr-Mur

    (323) 377-6093

    56 Total Sales

    Edson & Alma Moreno
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15187473

California Regional Multiple Listing Service (CRMLS)

APN: 5115-005-019

California Los Angeles County Los Angeles 90011 Historic South Central

771 775 E 42nd Place, Los Angeles, CA

This home is located at 771 775 E 42nd Place, Los Angeles, CA 90011 since 22 August 2015 and is currently estimated at $783,548, approximately $584 per square foot. This property was built in 1954. 771 775 E 42nd Place 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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