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971 West 42nd Place

971 West 42nd Place, Los Angeles, CA 90037
Property in Voices of 90037
Sold Dec 01, 2016
$515,000
$360,500 by Nmsi Inc
Mortgage Due Dec 01, 2046
Local assessors in Los Angeles, CA have categorized 971 West 42nd Place as a residential type of property. The home was built in 1923 and is 101 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 2,762 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 971 West 42nd Place has a total of 3,040 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. The property was last sold in Oct 5, 2016 for $515,000. That's $169.41 per sqft. 971 West 42nd Place was last assessed in 2023. The total value of the property was assessed at $574,488. Specifically, the land the property is located on was valued at $423,895. While improvements on the property were assessed at a total of $150,593. 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 $7,317. 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: 1923
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 2,762
  • Total Building Area: 3,040
  • Gross Building Area: 3,040
  • Building Area: 3,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TR #106
  • Land Acres: 0.063
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TR=106 LAND DESC AS PAR 2 IN DOC 0288813 ,0232312 POR OF LOTS 2 AND 3

Ownership

  • Current Owner : IRYAMI ROBIN
  • Previous Owner : EUROPA PROPERTY MANAGEMENT LLC

Neighborhood

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

Zoning

  • Zoning: LAR3

Geography

  • Subdivision Tract Number: 106
  • Parcel: 5020-034-038
  • Lot: 2,3
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 34.0066
  • Longitude: -118.291

    Address

  • Full Address: 971 W 42nd Pl
  • Address - House Number: 971
  • Street Direction: W
  • Address - Street Name: 42nd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 2510
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,317
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,326,103
  • High Value: 1,415,949
  • Low Value: 1,236,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,500
  • First Open Lien Mortgage Lender: NMSI INC
  • First Open Lien Mortgage Recording Date: Dec 01, 2016
  • First Open Lien Mortgage Loan Amount: $360,500
  • 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: Dec 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,488
  • Assessed Land Value: $423,895
  • Assessed Improvements Value: $150,593

    Sales

  • Current Sale Contract Date: Oct 05, 2016
  • Current Sale Recording Date: Dec 01, 2016
  • Current Sale Transaction ID: 1874938634
  • Current Sale Price: $515,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1514211

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Dec 01, 2016
  • First Mortgage Loan Amount: $360,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 971 West 42nd Place located in?
The 971 West 42nd Place is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 971 West 42nd Place?
The average sales price for units in 971 West 42nd Place is $0 currently.

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