1035 West 42nd Place

Los Angeles, CA 90037

$1,095,000
Last Sold Price
6
Beds
4,018 Sq. Ft.
$273 / Sq. Ft.
4,018
Sq. Ft.
$273
per Sq. Ft.

Description

1035 W 42nd Pl is the perfect opportunity to own near USC, California Science Center, the 110 and 10 freeways and Downtown with immediate cash flow. Offered at $272 per sq ft, the property underwent major renovations in 2011 including: full copper plumbing, upgraded electrical, newer roof, hardwood floors, double pane windows throughout, tankless water heaters, granite countertops and more! Each unit offers 1,004 sq. ft. of living with separate kitchen, living room, bedroom, bathroom, and w & D hookups....1035 W 42nd Pl is the perfect opportunity to own near USC, California Science Center, the 110 and 10 freeways and Downtown with immediate cash flow. Offered at $272 per sq ft, the property underwent major renovations in 2011 including: full copper plumbing, upgraded electrical, newer roof, hardwood floors, double pane windows throughout, tankless water heaters, granite countertops and more! Each unit offers 1,004 sq. ft. of living with separate kitchen, living room, bedroom, bathroom, and w & D hookups. The two upper units have been converted to two bedrooms, and the lower 1 bedrooms have the same potential.
  1. Listed by Patrick Barnes • DRE #01802953 • Brokerage DRE #01799038 • Real Estate One

Property Details for 1035 West 42nd Place

Parking Spaces Total
0
Cooling Type
Wall/Window
Furnished
Unfurnished
Total Units
4.0
Lot Size Source
Public Records
Living Area
4018
Assessor Parcel Number
5020-027-015
Property Attached YN
false

Location

Listing Courtesy of Real Estate One, Patrick Barnes, DRE #01802953

Sold By Keller Williams South Bay, Alicia Sanchez, DRE #01725423; Keller Williams South Bay, Maureen Lee, DRE #01475893

Add your commute
LISTING UPDATED: 08/12/2022 11:18 PM

Property Details for 1035 West 42nd Place

StatusClosed
MLS #320008814
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.15 AC / 6,750 SF
CountyLos Angeles County

Location

Listing Courtesy of Real Estate One, Patrick Barnes, DRE #01802953

Sold By Keller Williams South Bay, Alicia Sanchez, DRE #01725423; Keller Williams South Bay, Maureen Lee, DRE #01475893

Add your commute

Building Information for 1035 West 42nd Place

Stories-Residences-Year Built1924Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$7,145 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$1,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1035 West 42nd Place

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $0
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $0
  • Net Operating Income: $47,923
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 0.0
  • Cap Rate: 0.0
  • Sold Cap Rate: 0.0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Operating Expense Percent: .00%
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,722
  • Maintenance Expense: $6,505
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $465
  • Trash Expense: $0
  • Water Sewer Expense: $5,905
  • Supplies Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Rate: 0.0
  • Tax Annual Amount: $4,404
  • Tax Mello Roos: No
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
Property / Structure Info
Interior Features
  • Appliances: Tankless Water Heater
  • Interior Features: Balcony
  • Bathroom Features: Low Flow Toilet(s), Tub Only
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Cooling: Wall/Window Unit(s)
  • Flooring: Wood
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
Green Info
  • Walk Score: 0
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Direction Faces: South
  • Number Of Units: 4
  • Land Lease Amount: $0
  • Land Lease Expiration Year: 0
  • Land Value: $.00
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Open Other Spaces Total: 0
  • Carport Spaces: 0
  • Covered Parking: 0
  • Parking Features: Detached Carport
Property / Structure Info
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $1,635
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 10
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 11
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 12
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 13
Unit 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $992
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit 9
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 10
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 6
Unit 11
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit 12
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 8
Unit 13
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 4
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 1035 West 42nd Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1035 West 42nd Place

Taxable ValueLand$612,000Additions$504,900Total$1,116,900
Tax Record2023$14,033 ($1,169 / month)
Home Facts
Total Finished SqFt4,018 SqFtAbove Grade Finished SqFt4,018 SqFtLot Size6,750 SqFtStyleQuadraplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN5020-027-015

Schools near 1035 West 42nd Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High School
Public9 to 12

KIPP Vida Preparatory Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate One, Patrick Barnes, DRE #01802953

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.