NOT LISTED FOR SALE

956 W 42nd Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $703,146 - $946,000

5 Beds
3 Baths
1,958 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $497,500 $254 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,774/month

141 Days on Market

About This Home

As of July 2017

BOTH UNITS ARE VACANT. LIVE IN ONE AND RENT THE OTHER HOUSE. 2 HOUSES ON A LOT. CLOSE TO USC. FRONT HOUSE ( VACANT ) 3 BDR / 2 BATH LARGE LIVING ROOM + FORMAL DINING ROOM LARGE KITCHEN W/ LAUNDRY HOOKUPS MASTER BDR W/ BATH & LARGE CLOSET BACK HOUSE ( VACANT ) 2 BDR / 1 BATH LARGE LIVING ROOM DINING ROOM OFF KITCHEN W/ LAUNDRY HOOKUPS SIDE GATE PROVIDES ACCESS TO PARK CARS IN FRONT OF THE PROPERTY ** TOTAL LIVING AREA OF 1,958 S.F. ** 4,799 S.F. LOT ** BUILT 1921 ** CLOSE TO SHOPPING, SCHOOLS & FWYS

Last Agent to Sell the Property

Jay Dharmasuriya

Realty Brokerage Group Inc License #00815366 Listed on: 01/05/2017

Last Buyer's Agent

Jason Hastings

Compass License #02002328

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,971

Year Built

  • Built in 1921

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Land Lease

Home Design

  • 1,958 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1
  • Assessor Parcel Number 5020034018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,971

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5020034018
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 254.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4800.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2317.10
  • Tax Lot: 8
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jun 23, 2017
Sold by
507 Broad Ave Llc
Bought by
Escarcega Juan
Seller's Agent
Jay Dharmasuriya
Realty Brokerage Group Inc
Buyer's Agent
Jason Hastings
Compass
List Price
$497,500
Sold Price
$497,500
Current Estimated Value
$790,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,287
Avg. Annual Appreciation
5.83%
Original Mortgage
$488,488
Outstanding Balance
$406,612
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$384,175

Purchase Details

Closed on
Jan 28, 2015
Sold by
Hernandez Veronica Araceli
Bought by
Valenzuela Angel A

Purchase Details

Closed on
Jan 27, 2015
Sold by
Valenzuela Angel A
Bought by
507 Broad Ave Llc

Purchase Details

Closed on
Feb 20, 2013
Sold by
Valenzuela Angel A
Bought by
Valenzuela Angel A

Purchase Details

Closed on
Mar 6, 2007
Sold by
Valenzuela Jose
Bought by
Valenzuela Jose and Valenzuela Angel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 1997
Sold by
Valenzuela Angel A and Valenzuela Jose
Bought by
Valenzuela Jose
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Escarcega Juan $497,500 Fidelity National Title Co
Valenzuela Angel A -- Fidelity National Title Co
507 Broad Ave Llc $246,000 Fidelity National Title Co
Valenzuela Angel A -- None Available
Valenzuela Jose -- None Available
Valenzuela Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escarcega Juan $118,026
Open Escarcega Juan $488,488
Previous Owner Valenzuela Jose $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $497,500 0.0% $254 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $497,500 0.0% $254 / Sq Ft
05/02/2017 05/02/17 Price Changed $497,500 +2.6% $254 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $485,000 -- $248 / 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 $17,971 $566,066 $341,347 $224,719
2024 $17,971 $554,967 $334,654 $220,313
2023 $6,872 $544,087 $328,093 $215,994
2022 $6,562 $533,419 $321,660 $211,759
2021 $6,506 $522,960 $315,353 $207,607
2020 $6,569 $517,599 $312,120 $205,479
2019 $6,317 $507,450 $306,000 $201,450
2018 $6,223 $497,500 $300,000 $197,500
2016 $3,220 $249,751 $152,287 $97,464
2015 $3,175 $245,905 $143,444 $102,461
2014 -- $241,089 $140,635 $100,454
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jay Dharmasuriya

    Realty Brokerage Group Inc

    (310) 851-6700

    3 in this area

    60 Total Sales

    Jay Dharmasuriya
    Section Image
  • Jason Hastings

    Buyer's Agent in 2017

    Jason Hastings

    Compass

    (972) 897-0148

    19 Total Sales

    Jason Hastings
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17003016

California Regional Multiple Listing Service (CRMLS)

APN: 5020-034-018

California Los Angeles County Los Angeles 90037 Vermont Square

956 W 42nd Place, Los Angeles, CA

This home is located at 956 W 42nd Place, Los Angeles, CA 90037 since 05 January 2017 and is currently estimated at $790,787, approximately $403 per square foot. This property was built in 1921. 956 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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