975 W 42nd Place Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $5,745/month
Total Views
603
4
Beds
--
Bath
2,752
Sq Ft
$347
Price per Sq Ft
About This Home
New Price adjustment motivated seller! Great property close to USC with great upside in rents. This property offers separate metered for gas and electric.
Listing Agent
Global Executive Investment Group, Inc. Brokerage Phone: 818-262-1013 License #01819932 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,046
Year Built
- Built in 1922
Lot Details
- 2,767 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
Interior Spaces
- 4 Bedrooms
- 2,752 Sq Ft Home
- 2-Story Property
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 106
- Assessor Parcel Number 5020034037
- $375 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $1,000
- Trash Expense $308
- Water Sewer Expense $400
- Operating Expense $1,708
- Gross Income $49,800
- Net Operating Income $48,092
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,046 | $567,518 | $347,011 | $220,507 |
| 2024 | $7,046 | $556,391 | $340,207 | $216,184 |
| 2023 | $6,917 | $545,483 | $333,537 | $211,946 |
| 2022 | $6,606 | $534,789 | $326,998 | $207,791 |
| 2021 | $6,511 | $524,304 | $320,587 | $203,717 |
| 2019 | $6,320 | $508,755 | $311,079 | $197,676 |
| 2018 | $6,273 | $498,780 | $304,980 | $193,800 |
| 2016 | $4,110 | $322,506 | $244,979 | $77,527 |
| 2015 | $4,053 | $317,663 | $241,300 | $76,363 |
| 2014 | $4,092 | $311,442 | $236,574 | $74,868 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Price Changed | $953,999 | -0.6% | $347 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $959,900 | -6.4% | $349 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $1,025,000 | +109.6% | $372 / Sq Ft |
| 12/01/2016 12/01/16 | Sold | $489,000 | 0.0% | $178 / Sq Ft |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 09/22/2016 09/22/16 | Price Changed | $489,000 | -2.0% | $178 / Sq Ft |
| 08/25/2016 08/25/16 | For Sale | $499,000 | -- | $181 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Title 365 | |
| Grant Deed | $489,000 | Title 365 | |
| Grant Deed | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,000 | Commercial |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25093033
APN: 5020-034-037
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