1124 West 42nd Street

Los Angeles, CA 90037

$870,000
Last Sold Price
4
Beds
4
Baths
3,406 Sq. Ft.
$255 / Sq. Ft.
3,406
Sq. Ft.
$255
per Sq. Ft.

Description

Great Fourplex close to USC. Amazing Income property in an Opportunity Zone. Large units with in unit laundry room.Great Fourplex close to USC. Amazing Income property in an Opportunity Zone. Large units with in unit laundry room.
  1. Listed by Anna Kadinowa • DRE #01908285 • Brokerage DRE #01396547 • Compass
  2. Listed by Kirby Gillon • DRE #01960253 • Brokerage DRE #01396547 • Compass

Property Details for 1124 West 42nd Street

Zoning
LAR3
Cross Streets
Walton Ave
Parcel Number
5020021005
Total Units
4.0
Living Area
3406
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
No

Location

Listing Courtesy of Compass, Anna Kadinowa, DRE #01908285; Compass, Kirby Gillon, DRE #01960253

Sold By Compass, Michael Bergin, DRE #01845572

Add your commute
LISTING UPDATED: 10/20/2021 03:25 PM

Property Details for 1124 West 42nd Street

StatusSold
MLS #21-761594
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.12 AC / 5,065 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Anna Kadinowa, DRE #01908285; Compass, Kirby Gillon, DRE #01960253

Sold By Compass, Michael Bergin, DRE #01845572

Add your commute

Building Information for 1124 West 42nd Street

Stories-Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,065 SF

Payment Calculator

$5,919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,748

Property Taxes

$1,171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1124 West 42nd Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Fourplex
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $58,092
  • Net Operating Income: $37,752.21
  • Gross Income: $58,092
  • Gross Rent Multiplier: $15.80
  • Actual Gross Annual Income: $37,752
  • Total Annual Expense: 20343.79
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1163
  • Lot Size Square Feet: 5065
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 4
  • Covered Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Garage
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Dryer, Washer, Garbage Disposal
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-16-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,374.00
  • Unit Actual Rent: $1,374.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,135.00
  • Unit Actual Rent: $1,135.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,329.00
  • Unit Actual Rent: $1,329.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,225.00
  • Unit Actual Rent: $1,225.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $155,423.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $233,138.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $388,561.00

Property History for 1124 West 42nd 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 1124 West 42nd Street

Taxable ValueLand$714,000Additions$173,400Total$887,400
Tax Record2023$14,048 ($1,171 / month)
Home Facts
Total Finished SqFt3,406 SqFtAbove Grade Finished SqFt3,406 SqFtLot Size5,065 SqFtStyleQuadraplexYear Built1922ZoningLAR3CountyLOS ANGELESAPN5020-021-005

Schools near 1124 West 42nd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Public - 6 to 9
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
KIPP Vida Preparatory Academy
CharterK to 4

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 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

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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 Compass, Anna Kadinowa, DRE #01908285; Compass, Kirby Gillon, DRE #01960253

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.