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424 East 42nd Place

424 East 42nd Place, Los Angeles, CA 90011
Property in South LA
Sold Mar 11, 2011
$265,000
$198,750 by Imortgage.com Inc
Mortgage Due Apr 01, 2041
Sold May 04, 2010
$40,000
Local assessors in Los Angeles, CA have categorized 424 East 42nd Place as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 5,121 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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, 5 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 424 East 42nd Place has a total of 1,404 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 a refrigeration air conditioning system for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 424 East 42nd Place was last sold in Oct 25, 2010 for $265,000. According to our calculations, that's $188.75 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Apr 30, 2010. Current property owners are expected to pay $4,041 in taxes per year. The property on 424 East 42nd Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $326,319. To break that down further, the land itself was valued at $246,281. While improvements to the property were assessed at a total of $80,038. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,121
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH PARK AVENUE HOME
  • Land Acres: 0.118
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SOUTH PARK AVE HOME TRACT # 2 LOT/SEC 161

Ownership

  • Current Owner : MARTINEZ RIGOBERTO ORREGO
  • Current Owner 2: ORREGO DORA
  • Previous Owner : CAZANOVA ENTERPRISES LLC
  • Owner Before Previous Owner: CAZANOVA ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-B2
  • Subdivision Tract Number: 2
  • Parcel: 5113-010-017
  • Lot: 161
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0063
  • Longitude: -118.268

    Address

  • Full Address: 424 E 42nd Pl
  • Address - House Number: 424
  • Street Direction: E
  • Address - Street Name: 42nd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 3035
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,041
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 674,785
  • High Value: 826,872
  • Low Value: 522,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,750
  • First Open Lien Mortgage Lender: IMORTGAGE.COM INC
  • First Open Lien Mortgage Recording Date: Mar 11, 2011
  • First Open Lien Mortgage Loan Amount: $198,750
  • 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, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,319
  • Assessed Land Value: $246,281
  • Assessed Improvements Value: $80,038

    Sales

  • Current Sale Contract Date: Oct 25, 2010
  • Current Sale Recording Date: Mar 11, 2011
  • Current Sale Transaction ID: 1034645118
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-0378307
  • Previous Sale Recording Date: May 04, 2010
  • Previous Sale Contract Date: Apr 30, 2010
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: IMORTGAGE.COM INC
  • First Mortgage Transaction Date: Mar 11, 2011
  • First Mortgage Loan Amount: $198,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 424 East 42nd Place located in?
The 424 East 42nd Place is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 424 East 42nd Place?
The average sales price for units in 424 East 42nd Place is $0 currently.

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