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Pending
  • Listed by: Keller Williams Realty • Brian Parsons
    $550,000

    1042 W 62nd St, Los Angeles, CA 90044

    2beds
    1baths
    1,558sqft
    : 
    $3,734/mo
    Get pre-qualified
    Multi Family
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $353/sqft
    $-- HOA

    What's special

    Spacious lotGenerous backyardOpen floor plansCovered carport structure
    *** BANKRUPTCY COURT SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE *** Great opportunity for investors, developers, or owner-users looking to add value. This duplex, each unit is 2 bedrooms and one bath, property features two separate units with individual front entrances and a spacious lot offering excellent potential.The property is currently mid-renovation, with much of the interior taken down to the studs. Framing, plumbing, and electrical rough-ins are visible, providing a great starting point for a buyer to complete the project and design the interior layout to their specifications. Both units offer open floor plans with fireplaces and large windows that bring in natural light.The generous backyard includes a large concrete area and a covered carport structure, providing ample parking and outdoor space. There may also be potential to further improve or expand the property (buyer to verify).Located in South Los Angeles with convenient access to major freeways, shopping, dining, and public transportation.
    134 days
    |
    339
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Parsons DRE #01712649 626-204-3390,

    Keller Williams Realty,

    Matthew Peters DRE #01984989 626-344-1956,

    Keller Williams Realty

    Source: CRMLS,MLS#: P1-26222MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      Heating
      • None
      Cooling
      • None
      Appliances
      • Laundry: None
      Features
      • Has fireplace: Yes
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,558
      • Total interior livable area: 1,558 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport, Driveway, On Street
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 5,807 Square Feet
      • Features: Sprinklers None
      Details
      • Parcel number: 6003030004
      • Special conditions: Bankruptcy Property

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • Year built: 1921

      Community & HOA

      Community
      • Features: Curbs, Sidewalks, Urban
      • Subdivision: Not Applicable
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $353/sqft
      • Tax assessed value: $700,000
      • Annual tax amount: $8,635
      • Date on market: 3/12/2026
      • Cumulative days on market: 134 days
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,514/mo

        Price history

        DateEventPrice
        7/6/2026Pending sale$550,000$353/sqft
        Source: CRMLS #P1-26222 Report a problem
        6/26/2026Listed for sale$550,000$353/sqft
        Source: CRMLS #P1-26222 Report a problem
        3/27/2026Contingent$550,000$353/sqft
        Source: CRMLS #P1-26222 Report a problem
        3/12/2026Listed for sale$550,000+10%$353/sqft
        Source: CRMLS #P1-26222 Report a problem
        12/6/2024Sold$500,000+400%$321/sqft
        Source: Public Record Report a problem
        6/29/1999Sold$100,000$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,635 +196.9%$700,000 +225.3%
        2024$2,908 +1.7%$215,154 +2%
        2023$2,861 +4.4%$210,936 +2%
        2022$2,740 +1.6%$206,801 +2%
        2021$2,698 -0.9%$202,747 +1%
        2020$2,721 $200,669 +2%
        2019$2,721 +7.4%$196,735 +2%
        2018$2,533 $192,878 +2%
        2017$2,533 +2%$189,097 +2%
        2016$2,483 +2.9%$185,390 +1.5%
        2015$2,413 +0.4%$182,606 +2%
        2014$2,403 $179,030 +2.5%
        2012-- $174,728 +2%
        2011-- $171,303 +0.8%
        2010-- $170,024 -0.2%
        2009-- $170,429 +2%
        2008-- $167,088 +2%
        2007-- $163,812 +2%
        2006-- $160,601
        2005-- $160,601 +4%
        2004-- $154,366 +1.9%
        2003-- $151,538 +2%
        2002-- $148,568 -15.3%
        2000-- $175,440
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        80 / 100
        Very Walkable
        63 / 100
        Good Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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