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Sold for $550,000
  • Listed by: Coldwell Banker Top Team • Malika Boudreaux • Contact: 909-287-2222
    Bought with: Realty Brokerage Group Inc
    $550,000

    221 W 42nd St, Los Angeles, CA 90037

    4beds
    2,257sqft
    Duplex
    Built in 1908
    4,840 Square Feet Lot
    $727,800 Zestimate®
    $244/sqft
    $3,301 Estimated rent

    Home value

    $727,800

    $648,000 - $815,000

    $3,301/mo

    Zestimate® history
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    What's special

    Duplex-front houseSpacious living spaces
    **Fantastic Investment Opportunity! Duplex with Potential - $500,000** Probate Sell, Sold-As-Is WITH TENANTS IN PLACE, NO showings. Write offers subject two inspections. Welcome to this incredible investment property that offers endless potential for the savvy investor! Located in a highly desirable area, this duplex presents a unique chance to add value and maximize returns. The listing price of $500,000 ensures you can seize the opportunity to own this property and capitalize on the thriving real estate market in the area. - Type: Duplex Sec. 8 Rents - Front House: 3 bedrooms, 1.5 bathrooms Rent $1,300 - Back House: 3 bedrooms, 1 bathroom Rent $1,200 **Investor's Dream:** This duplex property is perfect for an investor buyer looking to make a smart investment. The property needs a full rehab, which allows you to unleash your creativity and design your ideal income-generating property. With a little TLC, you can transform this duplex into a highly desirable rental or even consider living in one unit while renting out the other to supplement your mortgage payments. **Prime Location:** The location of this duplex is simply unbeatable. Situated in a sought-after neighborhood with a strong housing market, it offers excellent potential for appreciation. Homes in the area are currently listed for sale at $900,000, highlighting the tremendous opportunity for future gains. **Endless Possibilities:** With both units featuring 3 bedrooms, these spacious living spaces have the potential to attract a diverse range of tenants. Whether you decide to renovate and modernize the interiors or maintain the charm of the existing layout, the flexibility is all yours. Take advantage of this rare chance to secure a duplex with tremendous investment potential. Opportunities like this don't come around often, so act quickly to make this property yours and start unlocking its value. *Please note that the information provided here is for marketing purposes only and is subject to change. Buyers are advised to conduct their own due diligence before making any purchasing decisions.*

    Zillow last checked:

    Listing updated:

    Listed by:

    Malika Boudreaux DRE #02001051 909-287-2222,

    Coldwell Banker Top Team

    Bought with:

    Jay Dharmasuriya, DRE #00815366

    Realty Brokerage Group Inc

    Source: CRMLS,MLS#: TR23141731MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 6
    Rooms
    • Room types: Bedroom, Family Room
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,257 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 4,840 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 5111018017
    • Zoning: LARD2
    • Special conditions: Third Party Approval,Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1908

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $561,000
    • Annual tax amount: $7,050
    • Date on market: 8/1/2023
    • Cumulative days on market: 33 days
    • Listing terms: Cash,Court Approval

    Price history

    DateEventPrice
    4/12/2024Sold$550,000+10%$244/sqft
    Source: CRMLS #TR23141731 Report a problem
    10/30/2023Pending sale$500,000$222/sqft
    Source: CRMLS #TR23141731 Report a problem
    10/20/2023Listed for sale$500,000$222/sqft
    Source: CRMLS #TR23141731 Report a problem
    9/1/2023Pending sale$500,000$222/sqft
    Source: CRMLS #TR23141731 Report a problem
    9/1/2023Listed for sale$500,000$222/sqft
    Source: CRMLS #TR23141731 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,050 +53.3%$561,000 +59.3%
    2024$4,599 +1.9%$352,056 +2%
    2023$4,515 +4.7%$345,154 +2%
    2022$4,312 +1.5%$338,387 +2%
    2021$4,250 -0.9%$331,753 +1%
    2020$4,288 $328,352 +2%
    2019$4,288 +6.4%$321,914 +2%
    2018$4,030 $315,603 +2%
    2017$4,030 +2.2%$309,415 +2%
    2016$3,943 +2.9%$303,349 +1.5%
    2015$3,833 +0.8%$298,793 +2%
    2014$3,803 $292,941 +499.9%
    2011-- $48,833 +0.8%
    2010-- $48,469 -0.2%
    2009-- $48,585 +2%
    2008-- $47,633 +4%
    2005-- $45,785 +4%
    2004-- $44,009 +1.9%
    2003-- $43,204 +2%
    2002-- $42,358 +4%
    2000-- $40,715
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $727,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $727,800