NOT LISTED FOR SALE

802 W 42nd Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $739,000 - $3,107,000

4 Beds
6 Baths
2,456 Sq Ft
$644/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $730,000 $297 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,772/month

About This Home

As of March 2024

Single story, 2 buildings fourplex, fenced; 3 car tandem parking.
Great location and great investment.

Last Agent to Sell the Property

Jacquie Palmatier

Realty Executives Homes Brokerage Phone: 661-251-1550 License #01363084 Listed on: 02/05/2024

Realty Executives Homes

Co-Listed By

Aaron Samson

Coldwell Banker Realty Brokerage Phone: 661-251-1550 License #01449890

Last Buyer's Agent

PREETI BADESHA

Rattanpreet K. Badesha License #01779860

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1922

Lot Details

  • 9,168 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,456 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Driveway

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 31
  • Tax Tract Number 231710
  • Assessor Parcel Number 5019006001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • Electric Expense $11,580
  • Insurance Expense $1,166
  • New Taxes Expense $4,626
  • Operating Expense $17,540
  • Gross Income $42,255
  • Net Operating Income $39,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,592

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Aaron Samson
  • Other Phone Number: 818-970-7012
  • Price Per Unit: 187500
  • Property Attached: Yes
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5019006001
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 297.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, On Site, Tandem Uncovered
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9168.00
  • Lot Size Acres: 0.2105
  • Latitude Manual: 34.00649900

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average1 Bed Area: 614 Square Feet
  • Electric Expense: 11580.00
  • Gross Income: 42255.00
  • Gross Scheduled Income: 42255.00
  • Insurance Expense: 1166.00
  • Lot Size Area: 9168.0000 Square Feet
  • Net Operating Income: 39755.00
  • Number Of Units Total: 4
  • Operating Expense: 2500.00
  • Rent Control: Yes
  • Total Expenses: 17540.00

Tax Info

  • New Taxes Expense: 4626.00
  • Tax Census Tract: 2317.10
  • Tax Lot: 31
  • Tax Rate: 1.25
  • Tax Tract Number: 231710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 6, 2024
Sold by
Kolpe Vivek
Bought by
Viman Enterprises Llc
Seller's Agent
Jacquie Palmatier
Realty Executives Homes
Buyer's Agent
PREETI BADESHA
Rattanpreet K. Badesha
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
7
Current Estimated Value
$1,582,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,333
Avg. Annual Appreciation
64.72%
Original Mortgage
$511,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 13, 2024
Sold by
Kolpe Manasi
Bought by
Kolpe Vivek
Seller's Agent
Jacquie Palmatier
Realty Executives Homes
Buyer's Agent
PREETI BADESHA
Rattanpreet K. Badesha
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 13, 2024
Sold by
Moran Vilma A
Bought by
Kolpe Vivek
Seller's Agent
Jacquie Palmatier
Realty Executives Homes
Buyer's Agent
PREETI BADESHA
Rattanpreet K. Badesha
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2000
Sold by
Family Trust Sclafani Anthony A Co Tr Sclafan and Sclafani Bianca A
Bought by
Orellana Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.89%
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
Viman Enterprises Llc -- Orange Coast Title
Kolpe Vivek -- First American Title
Kolpe Vivek $730,000 First American Title
Orellana Concepcion $225,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kolpe Vivek $511,000
Previous Owner Orellana Concepcion $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $730,000 -2.7% $297 / Sq Ft
02/05/2024 02/05/24 For Sale $750,000 -- $305 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
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 $4,592 $744,600 $591,600 $153,000
2024 $4,592 $332,371 $202,381 $129,990
2023 $4,517 $325,855 $198,413 $127,442
2022 $4,332 $319,467 $194,523 $124,944
2021 $4,268 $313,204 $190,709 $122,495
2019 $4,153 $303,915 $185,053 $118,862
2018 $3,950 $297,957 $181,425 $116,532
2016 $3,764 $286,389 $174,381 $112,008
2015 $3,713 $282,088 $171,762 $110,326
2014 $3,746 $276,563 $168,398 $108,165
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jacquie Palmatier

    Realty Executives Homes

    3 in this area

    34 Total Sales

    Jacquie Palmatier
    Section Image
  • Aaron Samson

    Seller Co-Listing Agent in 2024

    Aaron Samson

    Coldwell Banker Realty

    (818) 728-2767

    2 in this area

    20 Total Sales

    Aaron Samson
    Section Image

  • P

    Buyer's Agent in 2024

    PREETI BADESHA

    Rattanpreet K. Badesha

    (818) 304-4409

    1 in this area

    7 Total Sales

    PREETI BADESHA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24022721

California Regional Multiple Listing Service (CRMLS)

APN: 5019-006-001

California Los Angeles County Los Angeles 90037 Vermont Square

802 W 42nd Place, Los Angeles, CA

This home is located at 802 W 42nd Place, Los Angeles, CA 90037 since 05 February 2024 and is currently estimated at $1,582,333, approximately $644 per square foot. This property was built in 1922. 802 W 42nd Place is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts 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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