3 months on rocket

1324 E 42nd St, Los Angeles, CA, 90011

$1,488,800

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1324 E 42nd St, Los Angeles$1,488,800

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDirect Access, Driveway, Garage
Garage3 spaces
Year Built2018
MLS #OC24005986
Lot Size0.12 Acres
StatusActive

About 1324 E 42nd St

Exciting opportunity to own a modern duplex with two units, each featuring 5 bedrooms and 3 bathrooms. Individual gas, electric, and water meters for each unit. 1326 E 42nd includes a 2-car garage with alley access, while 1324 offers a 1-car garage and additional driveway parking. Not rent control property! current month-to-month tenants. Well-designed floorplans and potential for increased rents. Conveniently located near shopping centers, diverse restaurants, University of Southern California, and cultural attractions. Act now to seize this unique opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 2

Listing Office:

  • Office Name: Spectrum Realty
  • Office Phone: (949) 872-7700
  • Listing Agent: Cayenne Kuang

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Direct Access, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • Thomas Jefferson Senior High School, Public District Grades 9-12
  • Early College Academy-La Trade Tech College, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • Wadsworth Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Cross Roads: Hooper Ave/ E 42nd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,488,800

Tax Information:

  • Annual Amount: $11,222
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1324 E 42nd St vs Los Angeles

109 DAYS ON ROCKET

+75 Days

$1,488,800

+$512.8K More

KEY TAKEAWAY

This property is $512.8K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24005986

Listing Office:

  • Office Name: Spectrum Realty
  • Office Phone: (949) 872-7700
  • Listing Agent: Cayenne Kuang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 2:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 07, 2018Home Sold
$890,000
Jan 12, 2018Home Sold
$335,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,222$917,204
2020$10,888$907,800
2019$505$890,000
2018$495$26,234
2017$495$25,720

History based on county public records data.

Payment Calculator

$7,498

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,530

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3737058
3
/10
  • Wadsworth Avenue Elementary School

  • 981 E 41st St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-3737059
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.58 miles

  • Public Magnet Grades KG-6

school-card-donut-3737060
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.37 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3737061
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.78 miles

  • Public District Grades 6-8

High School

school-card-donut-3737062
1
/10
  • Thomas Jefferson Senior High School

  • 1319 E 41st St

  • 0.15 miles

  • Public District Grades 9-12

school-card-donut-3737063
5
/10
  • Early College Academy-La Trade Tech College

  • 400 W Washington Blvd

  • 2.06 miles

  • Public District Grades 9-12

school-card-donut-3737064
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.07 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,881. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900111324 E 42nd St

This home is located at 1324 E 42nd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 2018, sits on a 0.12 acre lot. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $1,488,800.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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