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1242 Palmetto Street, Los Angeles, CA 90013 Property Information

1242 Palmetto Street, Los Angeles, CA 90013 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1242 Palmetto Street, Los Angeles, CA 90013
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Address

Primary address 1242 Palmetto Street, Los Angeles
Alternate address(es) 1242 E Palmetto St
Zip code 90013
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 1242 Palmetto Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 02/03/2014
Sale price $1,700,000
Arm's length
Current property tax $50,562

Lot & Building Information for 1242 Palmetto Street, Los Angeles

Building sqft 22,265
Building class Light Manufacturing/Small Equipment Manufacturing/Small Machine Shop/Instrument Manufacturing/Printing Plant - One Story (3100)
Acreage 0.513
Year built 1890
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 1242 Palmetto Street, Los Angeles

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About 1242 Palmetto Street, Los Angeles

How many sq. ft. does 1242 Palmetto Street, Los Angeles, CA 90013 have & what is the price per sq. ft?

This Light Manufacturing/Small Equipment Manufacturing/Small Machine Shop/Instrument Manufacturing/Printing Plant - One Story (3100) located at 1242 Palmetto Street, Los Angeles, CA 90013 has a total of 22,265 square feet and a current price per square foot of $76.

What is the year built & the current market value of 1242 Palmetto Street, Los Angeles, CA 90013?

1242 Palmetto Street, Los Angeles, CA 90013 was built in 1890 and has a current tax assessor's market value of $3,751,133.

Ownership Information

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Past Sales & Property History for 1242 Palmetto Street, Los Angeles

Create a free account to view the complete sales history for 1242 Palmetto Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
02/03/2014 $1,700,000

Title Documents for 1242 Palmetto Street, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
07/25/2025 Agreement
Subordination
07/25/2025 Assignment of Rents
07/03/2025 Reconveyance
02/16/2024 Assignment of Rents
02/16/2024 Assignment of Rents
Financing Statement
Trust Deed
04/18/2022 Reconveyance
03/25/2022 Modify Trust Deed
06/02/2021 Assignment of Rents
04/15/2021 Reconveyance
Substitution Trustee
02/03/2021 Assignment of Rents
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R: Recorded date
D: Document date

Property Taxes for 1242 Palmetto Street, Los Angeles

Access detailed property tax data for 1242 Palmetto Street, Los Angeles, CA 90013. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $44,541
Current property tax $50,562
Market value $3,751,133

Special Assessments And Penalties for 1242 Palmetto Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 1242 Palmetto Street, Los Angeles

Here's the assessment & property tax history for 1242 Palmetto Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $3,751,133 1.1874 $44,541 +0.95%
2024-2025 $3,677,582 1.1997 $44,120 +2.03%
2023-2024 $3,605,473 1.1994 $43,244 +4.97%
2022-2023 $3,534,779 1.1655 $41,198 +1.16%
2021-2022 $3,465,470 1.1752 $40,726 -1.06%

Permits for 1242 Palmetto Street, Los Angeles

The complete history of permits filed for 1242 Palmetto Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
01/25/2017
             
             
             
             
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 14,357
Median age 41.4
Average household income $88,943
Family households 16.4%
Occupied housing units 8,458
Owner occupied units 7.8%
Average number of people per household 1.37
Median year structure built 1944
Median value for units with a mortgage $794,400
Median value for units without a mortgage $829,800

Risk

Create a free account to unlock extended information for 1242 Palmetto Street, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

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Neighbors for 1242 Palmetto Street, Los Angeles

Here are the neighbors for 1242 Palmetto Street, Los Angeles.

Address Square feet Purchase date Purchase price
2224 Enterprise St, Los Angeles 827
2155 E 7th St, Los Angeles 177,800
516 N State St, Los Angeles
222 S Main St, Los Angeles 223,783 07/11/2019 $105,180,000
736 Crocker St, Los Angeles 6,336 04/17/2019
Parcel 5171015027 (No address), Los Angeles
140 S Pecan St, Los Angeles 2,106 07/13/2018 $759,000
431 S Hewitt St, Los Angeles 7,980 04/17/2023
401 S Grand View St, Los Angeles 09/10/2013 $1,625,000
830 Traction Ave, Los Angeles 31,500
555 S Mateo St, Los Angeles 80,318 06/10/2014 $32,500,000
Parcel 5168012907 (No address), Los Angeles
2222 E Washington Blvd, Los Angeles 10,243
2185 E 7th St, Los Angeles 2,610
221 S Grand Ave, Los Angeles 109,973 07/28/2016 $300,000
148 S Pecan St, Los Angeles 1,784 05/06/2024
960 E 3rd St, Los Angeles 92,513
2300 W Valley St, Los Angeles 26,319 05/23/2025 $6,048,000
240 E 6th St, Los Angeles 81,800 07/01/2014
615 S Wall St, Los Angeles 289 07/01/2014

Nearby ZIP Codes for 1242 Palmetto Street, Los Angeles

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