1042 South Fresno Street

Los Angeles, CA 90023

$1,100,000
Last Sold Price
8
Beds
4
Baths
2,760 Sq. Ft.
$399 / Sq. Ft.
2,760
Sq. Ft.
$399
per Sq. Ft.

Description

Welcome to this newly remodeled multi-family property located at 1042 S Fresno St, Los Angeles, CA. This spacious Main House + Duplex offers a total of 8 bedrooms and 4 bathrooms, providing ample space for comfortable living and potential rental income. The property will be delivered entirely vacant. Whether you're an investor or a buyer aiming to generate rental income to offset your mortgage, this presents a fantastic opportunity to establish competitive market rates, and projected rents anywhere...Welcome to this newly remodeled multi-family property located at 1042 S Fresno St, Los Angeles, CA. This spacious Main House + Duplex offers a total of 8 bedrooms and 4 bathrooms, providing ample space for comfortable living and potential rental income. The property will be delivered entirely vacant. Whether you're an investor or a buyer aiming to generate rental income to offset your mortgage, this presents a fantastic opportunity to establish competitive market rates, and projected rents anywhere between $8,500 - $10,000 per month. As you step inside, you'll be greeted by a well-designed layout spread across approximately 2,800 square feet of living space. The interior boasts a seamless blend of modern finishes and thoughtful details, creating a welcoming atmosphere for residents. Outside, a private backyard space provides a serene retreat, perfect for relaxing or entertaining. Additionally, the property's convenient location offers easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. Don't miss the opportunity to own this versatile multi-family property in a prime up-and-coming neighborhood. Whether looking for a spacious residence or an investment opportunity, this home offers endless possibilities. OFFER DEADLINE: March 7, 2024 at 2:00 PM

Listing Agents

  1. Marc Hernandez

    Marc Hernandez

    Listing Agent

    Compass

    DRE #00882850

  2. Lucas Arias

    Lucas Arias

    Alternative Listing Agent

    Compass

    DRE #02128074

Property Details for 1042 South Fresno Street

Zoning
LAR2
Style
Traditional
Parcel Number
5188024023
Living Area
2760
Source Living Area
Other
Area
Boyle Heights (BOYH)
Lot Size Area
2969
Source Lot Size Area
Other

Location

Listing Courtesy of Compass, Marc Hernandez, DRE #00882850; Compass, Lucas Arias, DRE #02128074

Sold By Brigitte Archer, Broker, Brigitte Archer, DRE #00913605

Add your commute
LISTING UPDATED: 04/29/2024 10:00 AM

Property Details for 1042 South Fresno Street

StatusSold
MLS #24-363481
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1992
Lot Size0.07 AC / 2,969 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Marc Hernandez, DRE #00882850; Compass, Lucas Arias, DRE #02128074

Sold By Brigitte Archer, Broker, Brigitte Archer, DRE #00913605

Add your commute

Building Information for 1042 South Fresno Street

Stories-Year Built1992Building Size-Lot Size0.07 AC / 2,969 SF

Payment Calculator

$6,628 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1042 South Fresno Street

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • View: Yes
  • View Description: Park
  • Guest House: Detached
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: Building Plans Available, Building Permit
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Lot Acreage: 0.0682
  • Lot Size Square Feet: 2969
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Rooms: Patio Open
  • Levels: Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Other
  • Equipment: Dishwasher, Range/Oven
  • Common Walls: Attached
  • Laundry: Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-29-2024

Property History for 1042 South Fresno Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1042 South Fresno Street

Taxable ValueLand$428,400Additions$183,600Total$612,000
Tax Record2023$7,495 ($625 / month)
Home Facts
Total Finished SqFt1,699 SqFtAbove Grade Finished SqFt1,699 SqFtLot Size2,969 SqFtStyleDuplexYear Built1992ZoningLAR2CountyLOS ANGELESAPN5188-024-023

Schools near 1042 South Fresno Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sunrise Elementary School
PublicK to 6

Robert Louis Stevenson Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass, Marc Hernandez, DRE #00882850; Compass, Lucas Arias, DRE #02128074

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.