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Sold for $1,025,000
  • $1,025,000

    1124 W 42nd St, Los Angeles, CA 90037

    8beds
    4baths
    3,406sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $1,130,500 Zestimate®
    $301/sqft
    $2,107 Estimated rent

    Home value

    $1,130,500

    $995,000 - $1.28M

    $2,107/mo

    Zestimate® history
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    $6,509/mo

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    What's special

    Corner lot
    Calling all Developers, Investors and builders!!! VACANT 4 unit corner lot building with RTI plans for a 5th unit. Each unit has 2 bedrooms and 1 bath approx 800sqft each. Each unit projected $2500/mo with the 5th RTI unit projected at $2700-$3000/mo for a total of approx $13,000/mo. Tear down option.... Possible potential to build 28 units with the new codes .... please check with the city. Some areas of the units are remodeled and others gutted. Easy to show. Minutes from USC and The Natural History Museum. Call for more details. Seller is open to all offers...all creative financing ideas... all seller building options!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Bergin DRE # 01845572 310-600-0715,

    Compass 818-783-7721,

    Mario Ortega DRE # 02185127 818-462-7709,

    Compass

    Bought with:

    Andrew Daggett, DRE # 01907058

    The Associates Realty Group

    Source: CLAW,MLS#: 24-416933MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • None
    Interior area
    • Total structure area: 3,406
    • Total interior livable area: 3,406 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - 4+ Car
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main Level
    • Patio & porch: Front Porch
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Trees/Woods, Walk Street
    Lot
    • Size: 5,066 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 5020021005
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Fixer,Updated/Remodeled
    • Year built: 1922

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $301/sqft
    • Tax assessed value: $887,400
    • Annual tax amount: $14,485
    • Date on market: 7/18/2024

    Price history

    DateEventPrice
    4/4/2025Sold$1,025,000-6.7%$301/sqft
    Source: CLAW #24-416933 Report a problem
    10/3/2024Price change$1,099,000-8.3%$323/sqft
    Source: CLAW #24-416933 Report a problem
    7/18/2024Listed for sale$1,199,000+37.8%$352/sqft
    Source: CLAW #24-416933 Report a problem
    9/2/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/12/2023Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    8/12/2023Listing removed--
    Source: CLAW #23-276509 Report a problem
    8/8/2023Price change$2,500-9.1%$1/sqft
    Source: CLAW #23-276509 Report a problem
    6/6/2023Listed for rent$2,750$1/sqft
    Source: CLAW #23-276509 Report a problem
    10/19/2021Sold$870,000-0.6%$255/sqft
    Source: CLAW #21761594 Report a problem
    9/16/2021Pending sale$875,000$257/sqft
    Source: CLAW #21761594 Report a problem
    8/18/2021Listed for sale$875,000+81.3%$257/sqft
    Source: CLAW #21761594 Report a problem
    7/8/2008Sold$482,645-7.4%$142/sqft
    Source: Public Record Report a problem
    4/26/2005Sold$521,000+44.7%$153/sqft
    Source: Public Record Report a problem
    8/23/2004Sold$360,000+28.6%$106/sqft
    Source: Public Record Report a problem
    5/15/2002Sold$280,000$82/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,485 +1.2%$1,172,634 +2%
    2024$14,319 +28.1%$1,149,642 +29.6%
    2023$11,173 +4.7%$887,400 +2%
    2022$10,667 +108.7%$870,000 +121.6%
    2021$5,112 -0.9%$392,586 +1%
    2020$5,158 $388,561 +2%
    2019$5,158 +5.9%$380,943 +2%
    2018$4,871 $373,475 +2%
    2017$4,871 +2.1%$366,153 +2%
    2016$4,773 +3%$358,975 +1.5%
    2015$4,632 +0.5%$353,584 +2%
    2014$4,610 $346,659 +2.5%
    2012-- $338,328 +2%
    2011-- $331,695 +0.8%
    2010-- $329,217 -50.1%
    2009-- $660,000 +19.4%
    2008-- $552,888 +2%
    2007-- $542,048 +2%
    2006-- $531,420 -3.5%
    2005-- $550,800 +89.3%
    2004-- $290,931 +1.9%
    2003-- $285,600 -4.8%
    2002-- $300,000 +880.4%
    2000-- $30,600
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,130,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,130,500