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402 East 43rd Place

402 East 43rd Place, Los Angeles, CA 90011
Property in South LA
1 Units For Sale
Unit for sale at 402 E 43rd Place, Los Angeles, CA 90011

$825,000

  • Loft
  • 1,918 ft²
402 E 43rd Place, Los Angeles, CA 90011 Listing by Edmar Costa

402 East 43rd Place in Los Angeles, CA was first built in 1907 and is 117 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 402 East 43rd Place has 1,918 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,999 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 27, 2024 for $825,000. That's $430.14 per sqft. Prior to that sales transaction, the property was also sold in Jan 10, 2023 for $470,000. 402 East 43rd Place was last assessed in 2023. The total value of the property was assessed at $342,328. Specifically, the land the property is located on was valued at $221,653. While improvements on the property were assessed at a total of $120,675. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,282. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230922
09/22/2023
4 Bed
-
1918 ft²
$769,999
bedrooms
4 Bed
bathrooms
-
square feet
1918 ft²
-
-
-
Edmar Costa
Engel & Volkers Beverly Hills
20221104
11/04/2022
3 Bed
-
1918 ft²
$530,000
bedrooms
3 Bed
bathrooms
-
square feet
1918 ft²
-
-
-
Edmar Costa
Engel & Volkers Beverly Hills

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,999
  • Total Building Area: 1,918
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH PARK AVENUE HOME TRACT
  • Land Acres: 0.115
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: SOUTH PARK AVE HOME TRACT LOT/SEC 44

Ownership

  • Current Owner : DELOS RIOS SONIA LARA
  • Current Owner 2: SILVA VICTOR
  • Previous Owner : 402 E 43RD PL OWNERS LLC
  • Owner Before Previous Owner: RICKS ALAN J
  • Owner Before Previous Owner 2: RICKS DEBORAH E
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228500

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 52-B2
  • Parcel: 5113-015-011
  • Lot: 44
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0045
  • Longitude: -118.268

    Address

  • Full Address: 402 E 43rd Pl
  • Address - House Number: 402
  • Street Direction: E
  • Address - Street Name: 43rd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C052
  • 4-Digit Zip Code: 3417
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,282
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 785,652
  • High Value: 838,962
  • Low Value: 732,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $618,750
  • First Open Lien Mortgage Lender: ARK-LA-TEX FIN'L SERVICES, LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2024
  • First Open Lien Mortgage Loan Amount: $618,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,328
  • Assessed Land Value: $221,653
  • Assessed Improvements Value: $120,675

    Sales

  • Current Sale Contract Date: Mar 27, 2024
  • Current Sale Recording Date: Apr 03, 2024
  • Current Sale Transaction ID: 11923602896
  • Current Sale Price: $825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 215161
  • Previous Sale Recording Date: Jan 30, 2023
  • Previous Sale Contract Date: Jan 10, 2023
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FIN'L SERVICES, LLC
  • First Mortgage Transaction Date: Apr 03, 2024
  • First Mortgage Loan Amount: $618,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

About South LA



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Unit for rent at 260 West 54th Street, Los Angeles, CA 90037

$4,595 /mo

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Frequently Asked Questions

What neighborhood is 402 East 43rd Place located in?
The 402 East 43rd Place is a located in the neighborhood of South LA in South LA, Los Angeles.
How many listings are currently for sale in 402 East 43rd Place?
There is one unit for sale right now.
What is the average sales price for listings in 402 East 43rd Place?
The average sales price for units in 402 East 43rd Place is $825,000 , or $430/sqft. currently.

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