REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 825,000
Est. payment /mo
New
1490 E 43rd ST Los Angeles, CA 90011
6 Beds
4 Baths
2,136 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,136 sqft
Price per Sqft $386
MLS Listing ID 25593233
Bedrooms 6
HOA Y/N No
Year Built 1927
Lot Size 5,005 Sqft
Property Description
We are pleased to present 1490 E 43rd St, a 4-unit multifamily property in Los Angeles, offered at a 9.67 GRM and 7.18% CAP on current rents with upside potential to achieve a 7.90 GRM and 9.42% CAP with proforma rent. The property consists of two separate duplexes offering a total of 2,136 rentable square feet with ALL units delivered FULLY OCCUPIED. Built in 1927, both structures are situated on a 5,003 square foot LAR2 zoned corner lot with alley access. The unit mix consists of two (2) two bedroom one-bathroom unit and two (2) one bedroom one-bathroom units with ALL units having been renovated. Located 0.4 Miles to the Vernon Station for the A Line, as well as a number of nearby bus stops, the property offers easy access to Downtown Los Angeles, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, various employment opportunities and nearby tenant amenities. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5116008001
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc.
