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950 West 42nd Street

950 West 42nd Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold Aug 09, 2021
$1,150,000
$650,000 by Ony Glo Inc
Mortgage Due Sep 01, 2051
Sold Oct 03, 2016
$800,000
Local assessors in Los Angeles, CA have categorized 950 West 42nd Street as a residential type of property. The home was built in 1918 and is 106 years old. It was most recently renovated and altered in 1920. The property's lot size has been calculated to be 6,790 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, 4 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 950 West 42nd Street has a total of 4,662 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 - C. Residents rely on air conditioning for their cooling system. The property was last sold in Jul 30, 2021 for $1,150,000. That's $246.68 per sqft. Prior to that sales transaction, the property was also sold in Sep 1, 2016 for $800,000. 950 West 42nd Street was last assessed in 2023. The total value of the property was assessed at $1,173,000. Specifically, the land the property is located on was valued at $918,000. While improvements on the property were assessed at a total of $255,000. 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 $14,110. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,790
  • Total Building Area: 4,662
  • Gross Building Area: 4,662
  • Building Area: 4,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2217
  • Land Acres: 0.156
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: *LAND DESC IN DOC 0001846, 76-4-27 *TR=2217*POR OF LOT/SEC 1

Ownership

  • Current Owner : KIM TIMOTHY E
  • Previous Owner : YANG DAVID
  • Previous Owner 2: YANG LEANG SIV
  • Owner Before Previous Owner: LEE ALISA U
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 231710

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 51-F2
  • Subdivision Tract Number: 2217
  • Parcel: 5020-034-001
  • Lot: 1
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 34.0071
  • Longitude: -118.29

    Address

  • Full Address: 950 W 42nd St
  • Address - House Number: 950
  • Street Direction: W
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C064
  • 4-Digit Zip Code: 2507
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,110
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,246,630
  • High Value: 1,533,640
  • Low Value: 959,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: ONY GLO INC
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,173,000
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11846676339
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1214493
  • Previous Sale Recording Date: Oct 03, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ONY GLO INC
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 950 West 42nd Street located in?
The 950 West 42nd Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 950 West 42nd Street?
The average sales price for units in 950 West 42nd Street is $0 currently.

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