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$ 599,999
Est. payment | /mo
5,401 Sqft Lot
$ 599,999
Est. payment | /mo
5,401 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26153841
HOA Y/N No
Year Built 1930
Lot Size 5,401 Sqft
Property Sub-Type Triplex
Property Description
Welcome to 1242 E. 43rd Place, Los Angeles—an outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset.
The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns.
Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio.
Whether you're a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles' most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.
The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns.
Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio.
Whether you're a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles' most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
Utilities Available Electricity Available, Sewer Connected
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5115035015
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Samuel Castorena Samuel G. Castorena Jr 626-253-5129, DRE #01264865