4 months on rocket

Backup Offers

872 W 42nd Pl, Los Angeles, CA, 90037

$999,999

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Baths
2,885 SqFt
$347/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

872 W 42nd Pl, Los Angeles$999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDoor-Multi, Door-Single, Garage
Year Built1909
HeatingWall Furnace
CoolingNone
MLS #24413769
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 872 W 42nd Pl

MAJOR PRICE REDUCTION $100,000 K!!!! 3 Units delivered vacant!!! Sellers are Motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. Unlock a Golden Investment Opportunity! Sellers are highly motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. This property presents a fantastic investment opportunity, located close to USC and the Coliseum, with easy access to Downtown and freeways. Imagine the possibilities with 3 units delivered vacant at the Close of Escrow; perfect for renovation and creating multiple streams of income. With 2,885 sq. ft. of living space on an over 6,600 sq. ft. lot, the property is Zoned LAR3 TOC Tier 3 with potential to build 14 units or ADU. Please check with the city of Los Angeles. Buyer and buyer's agents are advised to independently verify and satisfy themselves with ALL MLS information, including permits, bed/bath counts, and square footage through their own research, inspection, or with appropriate professionals. This property is your chance to turn potential into profit. Don't miss this golden opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 1
  • Living Area: 2,885 SqFt

Listing Office:

  • Office Name: LeMark Realty
  • Office Phone: (626) 437-2854
  • Listing Agent: Kimberly Stuart

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Door-Multi, Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: West of Vermont & 42nd Place

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,999
  • Price Per SqFt: $347/SqFt

Tax Information:

  • Annual Amount: $9,525
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

872 W 42nd Pl vs Los Angeles

124 DAYS ON ROCKET

+86 Days

$999,999

-$23.4K Less

$347/SqFt

-$294 Less

KEY TAKEAWAY

This property is $23.4K less than the Median Sold Price and $294/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24413769

Listing Office:

  • Office Name: LeMark Realty
  • Office Phone: (626) 437-2854
  • Listing Agent: Kimberly Stuart

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,525$764,487
2020$9,248$756,649
2019$8,427$741,814
2018$7,095$670,000
2017$7,095$560,000

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-496568
5
/10

  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-496569
3
/10

  • Marguerite Poindexter LaMotte Elementary School

  • 4410 Orchard Ave

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-496570
3
/10

  • Kipp Vida Preparatory Academy

  • 4410 S Budlong Ave

  • 0.38 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,588. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 872 W 42nd Pl

What is the listing price of this property?

The listing price of 872 W 42nd Pl property is $999,999.

What type of property is this?

The property 872 W 42nd Pl is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Accepting Backup Offers: 872 W 42nd Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,525 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 872 W 42nd Pl has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 872 W 42nd Pl is 2,885 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 872 W 42nd Pl is 1909.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›872 W 42nd Pl

This home is located at 872 W 42nd Pl in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 2,885 square foot home, which was built in 1909, sits on a 0.15 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $999,999.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources