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1231 East 42nd Place

1231 East 42nd Place, Los Angeles, CA 90011
Property in Central Alameda
Sold Oct 27, 1997
$199,000
$196,000 by Washington Mutual Bank Fa
Mortgage Due Oct 01, 2033
Local assessors in Los Angeles, CA have categorized 1231 East 42nd Place as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 5,682 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 13 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. 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 1231 East 42nd Place has a total of 2,040 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. 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, 1231 East 42nd Place was last sold in Oct 1, 1997 for $199,000. According to our calculations, that's $97.55 per sqft. Current property owners are expected to pay $4,080 in taxes per year. The property on 1231 East 42nd Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $316,671. To break that down further, the land itself was valued at $126,194. While improvements to the property were assessed at a total of $190,477. 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. 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.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: 1915
  • Effective Year Built: 1915
  • Building Count: 2
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,682
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF PART OF ANDERSON TRACT
  • Land Acres: 0.13
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: RESUB OF POR OF THE ANDERSON TR LOT/SEC 16

Ownership

  • Current Owner : CERVANTES ANTONIO
  • Current Owner 2: HUERTA MARTIN
  • Previous Owner : SARAVIA ELBA M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228210

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-C2
  • Parcel: 5115-028-020
  • Lot: 16
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0068
  • Longitude: -118.253

    Address

  • Full Address: 1231 E 42nd Pl
  • Address - House Number: 1231
  • Street Direction: E
  • Address - Street Name: 42nd
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 3232
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,080
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 685,076
  • High Value: 838,121
  • Low Value: 532,032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Sep 26, 2003
  • First Open Lien Mortgage Loan Amount: $196,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,671
  • Assessed Land Value: $126,194
  • Assessed Improvements Value: $190,477

    Sales

  • Current Sale Contract Date: Oct 01, 1997
  • Current Sale Recording Date: Oct 27, 1997
  • Current Sale Transaction ID: 1032509506
  • Current Sale Price: $199,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 97-1688257

    Last Sale Mortgage

  • First Mortgage Lender: MARK I MTG
  • First Mortgage Transaction Date: Oct 27, 1997
  • First Mortgage Loan Amount: $192,896
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2027

About South LA



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1231 East 42nd Place located in?
The 1231 East 42nd Place is a located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 1231 East 42nd Place?
The average sales price for units in 1231 East 42nd Place is $0 currently.

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