Los Angeles County  »  90061  »  E 116th St  »  242 E 116th St

242 East 116th Street, Los Angeles, CA 90061 - Property report

Also known as: 242 E 116th St

Property image for 242 East 116th Street, Los Angeles, CA 90061
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Property type

Double, Duplex or Two Units - 4 Stories or Less (0200)

Year built

1949

Acreage

0.133

Sale price

$800,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
242 E 116th St
Los Angeles, CA 90061
Zip code
90061
Neighborhood
Broadway - Manchester
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 242 East 116th Street, Los Angeles, CA 90061. Uncover corporate and individual owners with a free account.

Building
Property type
Double, Duplex or Two Units - 4 Stories or Less
Building sq. ft.
1,858
Buildings on lot
1
Stories
4 or less
Year built
1949
Last altered
Bedrooms
4
Bathrooms
2
Sales
Sale date
06/30/2025
Sale price
$800,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$9,883
Tax per sq. ft.
$5
Zoning & use
Zoning
Two-Family Dwellings (R2)
Units
2
Lot
Acreage
0.133

Area overview

Walk score
55 /100.  Somewhat Walkable
Transit score
66 /100.  Good Transit
Bike score
54 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No
Ownership

Ownership information for 242 East 116th Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 242 East 116th Street, Los Angeles, CA 90061

Sale date Sale price Buyer name Seller name
06/30/2025 $800,000 XXXXXXX XXXXX XXXXX XXXXXXXX; XXXXXX XXXXXX XXXXX XXXXXXX XXXXXXX; XXX XXXXXXX XXXXX XXXXXXXXX XXXXX
07/12/2017 $450,000 XXXXX XXXXXXX XXXXXXXX XXXXXXXXX
07/05/1996 $22,877 XXXXXXXX, XXX X XXXXX XXXXX, XXXXX X

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
07/10/2025 Reconveyance
Substitution Trustee		 XXXXX XXXXXXX XXXXX XXXXXXX
06/30/2025 Assignment of Rents
Trust Deed		 XXXXXXX XXXXX XXXXX XXXXXXXX XXX XXXXXXXX XXXXXXX XXX
06/30/2025 Grant Deed
(Sale for consideration - full DTT)		 XXXXX XXXXXXX XXXXXXX XXXXXXX XXXXX XXXXX XXXXXXXX
06/30/2025 Release XXX XXXXXXX XXXX XXXXXXXX XXXXXXX XXXXX XXXXXXXXX XXXXX XXXXX X-XX-XXXX
10/14/2021 Subordination XXXXX XXXXXXX
10/13/2021 Grant Deed
(File correction - Single parcel sale)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXXXXX
10/13/2021 Grant Deed XXXXX XXXXXXX XXXXXXX XXXXX XXXXXXX
07/16/2020 Trust Transfer Deed
(File correction - Single parcel sale)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXXXXX
02/07/2020 Trust Deed XXXXX XXXXXXX XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXXXXX
04/02/2018 Assignment of Rents
Trust Deed		 XXXXX XXXXXXX XXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 East 116th Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$9,883
Current property tax
$10,532
Tax per sq. ft.
$5
Recent tax assessments
Market value
$832,320
Land value
$624,240
Building value
$208,080

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $522,257 1.1874 $6,201 +0.95%
2024-2025 $512,017 1.1997 $6,143 +2.03%
2023-2024 $501,978 1.1994 $6,021 +4.97%
2022-2023 $492,136 1.1655 $5,736 +1.16%
2021-2022 $482,488 1.1752 $5,670 -1.07%
2020-2021 $477,543 1.200129 $5,731 +6.33%
2019-2020 $459,000 1.174279 $5,390 +0.14%
2018-2019 $450,000 1.196 $5,382 +92.10%
2017-2018 $234,850 1.193 $2,802 +2.10%
2016-2017 $230,246 1.1918 $2,744 +1.51%

Special assessments & penalties for 242 East 116th Street, Los Angeles, CA

Code Description Tax levied
06201 County Sanitation District #1
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
Permits

Permit information for 242 East 116th Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
08/23/2013
08/14/2013
07/11/2013
07/11/2013

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 242 East 116th Street, Los Angeles, CA 90061 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
One Hundred Eighteenth Street School 3 Public K-5 498 0.23
One Hundred Twenty-Second Street Elementary School 6 Public K-5 601 0.46
One Hundred Sixteenth Street Elementary School 4 Public K-5 417 0.52
One Hundred Seventh Street Elementary School 2 Public K-5 857 0.76
One Hundred Ninth Street Elementary School 3 Public K-5 328 0.76
Ascension Elementary Catholic NR Private PK-8 197 0.80
Ascension Elementary Catholic NR Private PK-8 197 0.80
Figueroa Street Elementary School 5 Public K-5 376 0.86
One Hundred Twelfth Street Elementary School 4 Public K-5 348 1.04
Resolute Academy Charter NR Charter 5-8 191 1.04
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Samuel Gompers Middle School 2 Public 6-8 443 0.27
Alliance Jack H. Skirball Middle School 6 Charter 6-8 400 0.32
Animo Charter Middle No. 2 4 Charter 6-8 518 0.73
Ascension Elementary Catholic NR Private PK-8 197 0.80
Animo Mae Jemison Charter Middle NR Charter 6-8 472 0.87
New Designs Charter School-Watts 4 Charter 6-12 255 0.87
Resolute Academy Charter NR Charter 5-8 191 1.04
Maxine Waters Employment Prep Center NR Public 0 1.07
Los Angeles Adventist Academy NR Private K-12 153 1.10
Los Angeles Adventist Academy NR Private PK-8 94 1.11
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
University Pathways Medical Magnet Academy 4 Public 9-12 180 0.26
Alain Leroy Locke College Prep Academy 2 Charter 9-12 1,256 0.43
Animo Watts College Preparatory Academy 7 Charter 9-12 572 0.83
New Designs Charter School-Watts 4 Charter 6-12 255 0.87
Verbum Dei High School NR Private 9-12 340 1.07
Maxine Waters Employment Prep Center NR Public 0 1.07
Los Angeles Adventist Academy NR Private K-12 153 1.10
Rdb Academy -(Reading Daily Books) A School For Learning NR Private K-10 15 1.12
Alliance Judy Ivie Burton Technology Academy High School 8 Charter 9-12 608 1.16
Animo Compton Charter 4 Charter 6-12 319 1.21

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 242 East 116th Street, Los Angeles, CA

206 E 116th St, Los Angeles 302 E 116th Pl, Los Angeles 210 E 116th St, Los Angeles 202 E 116th St, Los Angeles 11609 S San Pedro St, Los Angeles 314 E 116th Pl, Los Angeles 318 E 116th Pl, Los Angeles 248 E 116th St, Los Angeles 230 E 116th St, Los Angeles 214 E 116th St, Los Angeles 226 E 116th St, Los Angeles 218 E 116th St, Los Angeles 306 E 116th Pl, Los Angeles 234 E 116th St, Los Angeles 222 E 116th St, Los Angeles 11613 S San Pedro St, Los Angeles 238 E 116th St, Los Angeles 250 E 116th St, Los Angeles 304 E 116th Pl, Los Angeles 322 E 116th Pl, Los Angeles

Nearby ZIP codes for 242 East 116th Street, Los Angeles, CA

90001, Los Angeles County, CA 90002, Los Angeles County, CA 90003, Los Angeles County, CA 90044, Los Angeles County, CA 90047, Los Angeles County, CA 90059, Los Angeles County, CA 90220, Los Angeles County, CA 90222, Los Angeles County, CA 90250, Los Angeles County, CA 90262, Los Angeles County, CA 90280, Los Angeles County, CA 90303, Los Angeles County, CA 90504, Los Angeles County, CA 90506, Los Angeles County, CA 90746, Los Angeles County, CA 90747, Los Angeles County, CA

Frequently asked questions

What is the year built for 242 East 116th Street, Los Angeles, CA 90061?

The development at 242 East 116th Street, Los Angeles, CA 90061 was built in 1949.

What is the total square footage of 242 East 116th Street, Los Angeles, CA 90061?

242 East 116th Street, Los Angeles, CA 90061 has a total of 1,858 square feet.

When was 242 East 116th Street, Los Angeles, CA 90061 last sold and what was the sale price?

242 East 116th Street, Los Angeles, CA 90061 was last sold on 06/30/2025 for $800,000.

What is the assessed value of 242 East 116th Street, Los Angeles, CA 90061?

242 East 116th Street, Los Angeles, CA 90061 is currently assessed at $522,257.

What are the property taxes for 242 East 116th Street, Los Angeles, CA 90061?

The property taxes for 242 East 116th Street, Los Angeles, CA 90061 total $6,201.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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