872 W 42nd Pl, Los Angeles, CA 90037 - View 1
872 W 42nd Pl, Los Angeles, CA 90037 - View 2
872 W 42nd Pl, Los Angeles, CA 90037 - View 3

872 W 42nd Pl, Los Angeles, CA 90037

Sale Price: $830,000
Jul 12, 20242,885 sqft5 beds5 baths
Listed by: Kimberly Stuart
License #: 01438945
Phone #: 213-713-7322
LeMark Realty
Source:
CRMLS Logo
MLS #: 24413769

Property Description

MAJOR PRICE REDUCTION $100,000 K!!!! 3 Units delivered vacant!!! Sellers are Motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. Unlock a Golden Investment Opportunity! Sellers are highly motivated to sell this incredible multi-residential 4-Plex in a vibrant and fast-growing neighborhood. This property presents a fantastic investment opportunity, located close to USC and the Coliseum, with easy access to Downtown and freeways. Imagine the possibilities with 3 units delivered vacant at the Close of Escrow; perfect for renovation and creating multiple streams of income. With 2,885 sq. ft. of living space on an over 6,600 sq. ft. lot, the property is Zoned LAR3 TOC Tier 3 with potential to build 14 units or ADU. Please check with the city of Los Angeles. Buyer and buyer's agents are advised to independently verify and satisfy themselves with ALL MLS information, including permits, bed/bath counts, and square footage through their own research, inspection, or with appropriate professionals. This property is your chance to turn potential into profit. Don't miss this golden opportunity!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$12,645

TurboHome Estimated Value

$921,500

$319 sqft

High Valuation
$967,575
$335/sqft
Normal Valuation
$921,500
$319/sqft
Low Valuation
$875,425
$303/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$319/sqft$921,500

Neighborhood: South Los Angeles

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Comparative Value

$825K

$925K

$960K

$1000K

$1.16M

612 W 57th St, Los Angeles, CA 90037

Sale Price: $825,000

Selected Comparable

872 W 42nd Pl, Los Angeles, CA 90037

Sale Price: $830,000

Selected Comparable

1306 W 59th Pl, Los Angeles, CA 90044

Sale Price: $925,000

Selected Comparable

1044 W 46th St, Los Angeles, CA 90037

Sale Price: $960,000

Selected Comparable

872 W 42nd Pl, Los Angeles, CA 90037

List Price: $999,999

Subject Property

1738 W 43rd Pl, Los Angeles, CA 90062

Sale Price: $1,160,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
872 W 42nd Pl, Los Angeles, CA 90037

872 W 42nd Pl, Los Angeles, CA 90037

List: $999,999

Listed: 7/12/2024

Area:2,885 sqft
Price/sqft:$347
Beds:5
Baths:5
Year Built:
Lot Size:6,609

Comparable Properties

COMPARABLE
Choose comps
872 W 42nd Pl, Los Angeles, CA 90037

872 W 42nd Pl, Los Angeles, CA 90037

Sale: $830,000

11/27/20240.00 mi

Area:2,885 sqft
Price/sqft:$288
Beds:5
Baths:5
Year Built:
Weight:26.9%
1044 W 46th St, Los Angeles, CA 90037

1044 W 46th St, Los Angeles, CA 90037

Sale: $960,000

11/14/20240.39 mi

Area:2,683 sqft
Price/sqft:$358
Beds:5
Baths:4
Year Built:
Weight:21.2%
612 W 57th St, Los Angeles, CA 90037

612 W 57th St, Los Angeles, CA 90037

Sale: $825,000

11/5/20241.14 mi

Area:3,148 sqft
Price/sqft:$262
Beds:5
Baths:4
Year Built:
Weight:19.3%
1738 W 43rd Pl, Los Angeles, CA 90062

1738 W 43rd Pl, Los Angeles, CA 90062

Sale: $1,160,000

9/10/20241.19 mi

Area:2,335 sqft
Price/sqft:$497
Beds:5
Baths:4
Year Built:
Weight:17.2%
1306 W 59th Pl, Los Angeles, CA 90044

1306 W 59th Pl, Los Angeles, CA 90044

Sale: $925,000

12/6/20241.45 mi

Area:3,072 sqft
Price/sqft:$301
Beds:4
Baths:4
Year Built:
Weight:15.3%

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