SOLD 04/29/2024
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Home sold for $1,100,000 in 61 days
1042 S Fresno St Los Angeles, CA, 90023
Off the market 8 beds 4 baths 2,760 sqft
Welcome to this newly remodeled multi-family property located at 1042 S Fresno St, Los Angeles, CA. This spacious Main House + Duplex offers a total of 8 bedrooms and 4 bathrooms, providing ample space for comfortable living and potential rental income. The property will be delivered entirely vacant. Whether you're an investor or a buyer aiming to generate rental income to offset your mortgage, this presents a fantastic opportunity to establish competitive market rates, and projected rents anywhere between $8,500 - $10,000 per month. As you step inside, you'll be greeted by a well-designed layout spread across approximately 2,800 square feet of living space. The interior boasts a seamless blend of modern finishes and thoughtful details, creating a welcoming atmosphere for residents. Outside, a private backyard space provides a serene retreat, perfect for relaxing or entertaining. Additionally, the property's convenient location offers easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. Don't miss the opportunity to own this versatile multi-family property in a prime up-and-coming neighborhood. Whether looking for a spacious residence or an investment opportunity, this home offers endless possibilities. OFFER DEADLINE: March 7, 2024 at 2:
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Property details
2,760 sqft interior area
Property type
Home
Interior area
2,760 sqft
Land area
2,970 sqft (0.07 acres)
Price per sqft
$398/sqft
Address
1042 S Fresno St, Los Angeles, CA, 90023
City of California
Los Angeles
County
Los Angeles
Sold price
$1,100,000
nr.of parking places
3
Style
Traditional
Year Built
1992
District
Listing
Stories
Multi/Split
Open Houses
No upcoming open houses
Interior Features
3 parking places
Beds
8
Baths
4
Stories
Multi/Split
Parking
3
Fireplaces
None
Laundry Features
See Remarks
Heathing & Cooling
Central Air, Central
Kitchen features
Dishwasher
Amenities
Gated
Appliances
Dishwasher
Listed by
Marc Hernandez, Compass
Name
Marc Hernandez
License number
00882850
Brokerage company
Compass
MLS #
CL24363481
Buyer agent
Name
Brigitte Archer
Brokerage company
Brigitte Archer, Broker
Payment calculator
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Mortgage
$3,378
Taxes
$0
HOA dues
$0
Mortgage
$220,000 / 20%
2.28%
30 years
Your amount
$3,378 / month
Exterior Features
—
Pool
None
Lot details
TMK #5188024023
Parcel nr.
5188024023
90023 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90023
38%
Families with children
National average: 39%
46%
Non family households
584,456
Population
$57,896
Average Income
Age & gender
Median age 35 years
More info
Commute types
66% commute by car
More info
Education level
41% have not graduated education
More info
Number of employees
1% work in construction
More info
Vehicles available
34% have 1 vehicle
More info
Vehicles by gender
34% have 1 vehicle
More info
Housing market insights for
$764.94k
Neighborhood average
sales price*
sales price*
$670k
Neighborhood median
sales price*
sales price*
249
Number
of sales*
of sales*
Housing type
37% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
More info
Bedrooms
50% have 2 or 3 bedrooms
More info
Owners vs Renters
79% are renters
More info
14.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 29, 2024 | Sold | $1,100,000 | 398.55 | Public Record |
| Apr 29, 2024 | Price Increase | $1,100,000 +10.55% | 398.55 | MLS #CL24363481 |
| Mar 9, 2024 | Under contract | $995,000 | 360.51 | MLS #CL24363481 |
| Feb 29, 2024 | New Listing | $995,000 | 360.51 | MLS #CL24363481 |
Taxes of 1042 S Fresno St, Los Angeles, CA, 90023
LAR2 zoning / MLS #CL24363481
Zoning
LAR2
Agent viewpoints of 1042 S Fresno St, Los Angeles, CA, 90023
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Frequently Asked Questions about 1042 S Fresno St
What is 1042 S Fresno St?
1042 S Fresno St, Los Angeles, CA, 90023 is a single family home located in the city of Los Angeles, California with zipcode 90023. This single family home has 8 bedrooms & 4 bathrooms with an interior area of 2,760 sqft.
Which year was this home built?
This home was build in 1992.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
1042 S Fresno St, Los Angeles, CA, 90023.
Are grocery stores nearby?
The closest grocery stores are El Super, 1.37 miles away and Superior Grocers, 1.51 miles away.
What is the neighborhood like?
The 90023 zip area has a population of 584,456, and 38% of the families have children. The median age is 35.94 years and 66% commute by car. The most popular housing type is "single detached" and 79% is renter.
Based on information from the bridgeMLS as of 05-16-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 29, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are El Super, 1.37 miles away and Superior Grocers, 1.51 miles away.
The 90023 zip area has a population of 584,456, and 38% of the families have children. The median age is 35.94 years and 66% commute by car. The most popular housing type is "single detached" and 79% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
