180 West 42nd Street

Los Angeles, CA 90037

$525,000
Last Sold Price
4
Beds
3
Baths
1,152 Sq. Ft.
$456 / Sq. Ft.
1,152
Sq. Ft.
$456
per Sq. Ft.

Description

See addendum regarding evictions during COVID-19. Owner/Investor Opportunity!.. Rent both units or live in one while generating income from the other unit.... The property has a front unit with 3 spacious bedrooms, 2 baths, a back unit with 2 bedrooms 1 bath. There is a 3rd un-permitted unit that could possibly be permitted. Buyers and Buyer's agent need to do their due diligence and investigations. This property also has a long driveway, and ample patio for parking. This property is in need of TLC,...See addendum regarding evictions during COVID-19. Owner/Investor Opportunity!.. Rent both units or live in one while generating income from the other unit.... The property has a front unit with 3 spacious bedrooms, 2 baths, a back unit with 2 bedrooms 1 bath. There is a 3rd un-permitted unit that could possibly be permitted. Buyers and Buyer's agent need to do their due diligence and investigations. This property also has a long driveway, and ample patio for parking. This property is in need of TLC, but has an excess of potential. It is conveniently located close to schools, shops, parks, great access to freeways, Minutes away from DTLA, USC Village, LA Memorial coliseum, Expo line, and other amenities.... Property is Being Sold "AS IS" Present Condition, there will be no repairs or Termite Work. The seller has never lived in the property, and therefore, does not have operating expenses or costs. See addendum regarding moratorium on evictions per COVID-19.
  1. Listed by Soraya Powell • DRE #01108855 • Brokerage DRE #01393025 • Vylla Home, Inc.

Property Details for 180 West 42nd Street

Zoning
LAR2
Parcel Number
5111016009
Total Units
2.0
Living Area
1152
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
4841

Location

Listing Courtesy of Vylla Home, Inc., Soraya Powell, DRE #01108855

Sold By Crestico, Inc., Houtan Hormozian, DRE #01836637

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LISTING UPDATED: 12/31/2020 10:13 AM

Property Details for 180 West 42nd Street

StatusSold
MLS #20-640876
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.11 AC / 4,841 SF
CountyLos Angeles County

Location

Listing Courtesy of Vylla Home, Inc., Soraya Powell, DRE #01108855

Sold By Crestico, Inc., Houtan Hormozian, DRE #01836637

Add your commute

Building Information for 180 West 42nd Street

Stories-Residences-Year Built1905Building Size-Lot Size0.11 AC / 4,841 SF

Payment Calculator

$3,442 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 180 West 42nd Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 2
Contract Info
Contract Info
  • Financing: Cash
  • Disclosures: As Is, Lender Owned/REO
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $7,200.00
  • Gross Income: $36,000
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 4841
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 5
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-01-2020
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 180
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 182
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $257,800.00
  • Assessed Land Value: $212,200.00

Property History for 180 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 180 West 42nd Street

Taxable ValueLand$442,170Additions$104,040Total$546,210
Tax Record2023$6,927 ($577 / month)
Home Facts
Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtLot Size4,841 SqFtStyleDuplexYear Built1905ZoningLAR2CountyLOS ANGELESAPN5111-016-009

Schools near 180 West 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
Ricardo Lizarraga Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
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 Vylla Home, Inc., Soraya Powell, DRE #01108855

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.