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1651 East 42nd Street

1651 East 42nd Street, Los Angeles, CA 90011
Multifamily in Central Alameda
Local assessors in Los Angeles, CA have categorized 1651 East 42nd Street as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 5,318 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1651 East 42nd Street has a total of 3,024 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1651 East 42nd Street sold most recently in Jun 10, 2021 for a total of $840,000. If you work out the math, that's approximately a cost of $277.78 per sqft. Before that, the property was also sold for $280,000 in Aug 19, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,571 in taxes each year. 1651 East 42nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $795,631. If we break it down further, the land itself was valued at $450,805. Improvements to the property, however, were assessed at a total of $344,826. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210123
01/23/2021
Studio
-
-
$895,000
bedrooms
Studio
bathrooms
-
-
-
-
Joshua Cho
Century 21 Sunny Hills
20190928
09/28/2019
Studio
-
3024 ft²
$798,000
bedrooms
Studio
bathrooms
-
square feet
3024 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,318
  • Total Building Area: 3,024
  • Gross Building Area: 3,024
  • Building Area: 3,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELDER PLACE #2
  • Land Acres: 0.122
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ELDER PLACE # 2 LOT/SEC 39

Ownership

  • Current Owner : KIM KIMI H
  • Current Owner 2: KIM H KIM LIVING TRUST
  • Previous Owner : LM GREGORY
  • Previous Owner 2: LM NANCY
  • Owner Before Previous Owner: RODRIGUEZ ELOY
  • Owner Before Previous Owner 2: RODRIGUEZ MARIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228100

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D2
  • Parcel: 5116-014-016
  • Lot: 39
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0066
  • Longitude: -118.244

    Address

  • Full Address: 1651 E 42nd St
  • Address - House Number: 1651
  • Street Direction: E
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 3345
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,571
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 841,640
  • High Value: 1,004,505
  • Low Value: 678,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,631
  • Assessed Land Value: $450,805
  • Assessed Improvements Value: $344,826

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Transaction ID: 11842997610
  • Current Sale Price: $840,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1065420
  • Previous Sale Recording Date: Apr 29, 2009
  • Previous Sale Contract Date: Aug 19, 2008
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: DBA CFG BANCORP
  • Previous Mortgage Transaction Date: Apr 29, 2009
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2039

About South LA



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Nearby Rentals

Unit for rent at

$1,525 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,525 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,400 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 1651 East 42nd Street located in?
The 1651 East 42nd Street is a multifamily located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 1651 East 42nd Street?
The average sales price for units in 1651 East 42nd Street is $0 currently.

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