1651 East 42nd Street

Los Angeles, CA 90011

$840,000
Last Sold Price
8
Beds
4
Baths
3,024 Sq. Ft.
$278 / Sq. Ft.
3,024
Sq. Ft.
$278
per Sq. Ft.

Description

Well kept 4 unit apartment. Easy access to major freeways, downtown and industrial city of Vernon and 1 block to Blue Line Metro Rail Station and good public transportation in every direction. Each unit has 2 bedrooms. Laundry room is located in premise. 4 parking spaces plus 2 car detached garage that used to be 3 bedroom 2 bath living space which can be easily converted back to living area since plumbing, drain and gas lines are all present with new city ordinance. Next to Metro rail and bus stops.Well kept 4 unit apartment. Easy access to major freeways, downtown and industrial city of Vernon and 1 block to Blue Line Metro Rail Station and good public transportation in every direction. Each unit has 2 bedrooms. Laundry room is located in premise. 4 parking spaces plus 2 car detached garage that used to be 3 bedroom 2 bath living space which can be easily converted back to living area since plumbing, drain and gas lines are all present with new city ordinance. Next to Metro rail and bus stops.
  1. Listed by Joshua Cho • DRE #01018822 • Brokerage DRE #02026783 • Century 21 Sunny Hills

Property Details for 1651 East 42nd Street

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3024
Assessor Parcel Number
5116-014-016
Property Attached YN
true

Location

Listing Courtesy of Century 21 Sunny Hills, Joshua Cho, DRE #01018822

Sold By New Star Realty & Investment, Connie Kim, DRE #01236688

Add your commute
LISTING UPDATED: 07/10/2021 04:31 AM

Property Details for 1651 East 42nd Street

StatusClosed
MLS #PW21015328
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.12 AC / 5,318 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Sunny Hills, Joshua Cho, DRE #01018822

Sold By New Star Realty & Investment, Connie Kim, DRE #01236688

Add your commute

Building Information for 1651 East 42nd Street

Stories-Residences-Year Built1965Building Size-Lot Size0.12 AC / 5,318 SF

Payment Calculator

$5,420 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,584

Property Taxes

$836

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1651 East 42nd Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $52,800
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $37,800
  • Financing: Cash
Expense Details
  • Operating Expense: $15,000
  • New Taxes Expense: $9,400
  • Electric Expense: $600
  • Insurance Expense: $1,200
  • Trash Expense: $1,300
  • Water Sewer Expense: $2,500
  • Total Expenses: $15,000
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2281.00
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Converted Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Converted Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1651 East 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 1651 East 42nd Street

Taxable ValueLand$450,805Additions$344,826Total$795,631
Tax Record2023$10,030 ($836 / month)
Home Facts
Total Finished SqFt3,024 SqFtAbove Grade Finished SqFt3,024 SqFtLot Size5,318 SqFtStyleQuadraplexYear Built1965ZoningLAR2CountyLOS ANGELESAPN5116-014-016

Schools near 1651 East 42nd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ascot Avenue Elementary School
PublicK to 5

Thomas Jefferson Senior High School
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

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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 Century 21 Sunny Hills, Joshua Cho, DRE #01018822

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.