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Off market
  • Tax assessed value
    $800,798

    128 W 42nd Pl, Los Angeles, CA 90037

    2beds
    1,003sqft
    Apartment
    Built in 1913
    -- sqft lot
    $-- Zestimate®
    $798/sqft
    $2,474 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,474/mo

    Zestimate® history
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    $5,151/mo

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    What's special

    Bonus office space

    This beautiful and spacious 2 bed 2 bath unit sits within a 5-unit property owned by a Community Land Trust. This unit includes a bonus office space. All applications must be submitted by February 28th in order to be considered. Applications will be reviewed in a randomized way and applicants will go through an interview process. - Utilities: Owner pays water and sewage, residents pay all other utilities - No on-site parking - Pet friendly unit We are looking for someone able to move in as soon as March 1st, 2026. This unit is being advertised for $2,700 but the rent amount will be determined using a range calculator based on the Los Angeles Housing Department AMI chart for a 2 bedroom unit for households earning 50-80% AMI range. You must fall within this range to qualify. If you have any questions, about potentially qualifying for this unit don't hesitate to reach out. All applications will be processed in a randomized order. Applicants must prepare for an interview and a $21 screening fee if selected to be screened. Acquired in 2016, this multifamily building marked a significant milestone for TRUST as its first step in expanding the Community Mosaic Program, aimed at preserving affordable small and medium-sized multifamily residential units in South Los Angeles. Partially funded through the Lorenzo Project Community Benefits Agreement (CBA) secured by the UNIDAD coalition, the acquisition also highlighted the pivotal role of local CDFI Genesis LA, which provided its inaugural loan to a Community Land Trust. This initiative not only advanced anti-displacement efforts but also reinforced the principles of community control and equitable development.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,003 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Sewage included in rent, Water included in rent
    Details
    • Parcel number: 5111015007

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    Condition
    • Year built: 1913

    Utilities & green energy

    • Utilities for property: Sewage, Water

    Community & HOA

    Community
    • Deposit fee: $2,700
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $798/sqft
    • Tax assessed value: $800,798
    • Annual tax amount: $2,739
    • Date on market: 2/10/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/2/2026Listing removed$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    2/11/2026Listed for rent$2,700$3/sqft
    Source: Zillow Rentals Report a problem
    8/18/2016Sold$690,000-8%$688/sqft
    Source: Public Record Report a problem
    6/8/2007Sold$750,000+98.9%$748/sqft
    Source: Public Record Report a problem
    11/29/2004Sold$377,000+91.4%$376/sqft
    Source: Public Record Report a problem
    10/23/2002Sold$197,000$196/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,739 +228.4%$800,798 +2%
    2024$834 +0%$785,097 +2%
    2023$834 +73.3%$769,703 +2%
    2022$481 -94.8%$754,611 +2%
    2021$9,264 -0.9%$739,816 +1%
    2020$9,351 $732,231 +2%
    2019$9,351 +1932.5%$717,875 +2%
    2018$460 -94.8%$703,800 +2%
    2017$8,878 +2.2%$690,000 +32.7%
    2016$8,688 +31.8%$520,000 +9.5%
    2015$6,590 +28.1%$475,000 +22.8%
    2014$5,145 $386,900 -50.3%
    2010-- $778,450 -0.2%
    2009-- $780,300 +2%
    2008-- $765,000 +95%
    2007-- $392,230 +2%
    2005-- $384,540 +91.6%
    2004-- $200,677 +1.9%
    2003-- $197,000 +221.3%
    2002-- $61,308 +4%
    2000-- $58,929
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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