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For Sale

$785,000

5,118 sqft$153/sqft62 days on market

427 E 43rd Street

Los Angeles, CA 90011

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,118

Square feet

1911

Built

Listing narrative

Description

**OPEN HOUSE Sept 12 & 13th 1:00pm - 4:00pm*****Opportunity to acquire a 4-unit multifamily property at 427 E 43rd Street, Los Angeles, CA, offering investors the ability to acquire a well-located asset with immediate rental income, renovated units, and additional upside through lease-up and repositioning. The property consists of four (4) 1-bedroom / 1-bath units totaling approximately 2,100 SF on a 5,120 SF lot. Two units are currently occupied, generating $1,150 and $1,400 per month, while the remaining two units have been fully remodeled and are available for showing, providing an opportunity for a new owner to establish current market rents. The property features both front and rear access, allowing for convenient vehicle entry and parking within the property, with the potential for one vehicle per unit. One of the property's key advantages is its location. The property is just one street away from Gilbert Lindsay Recreation Center, providing convenient access to open recreational space, a soccer field, baseball field, and a designated area for pets. The property is also located less than 2 miles from Downtown Los Angeles' Fashion District and less than 2 miles from USC, placing residents near major employment, education, retail, dining, and entertainment destinations.

Listing agent (MLS): JOANNA CORONA · Listing brokerage (MLS): Real Brokerage Technologies

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$785,000

Beds

Beds n/a

Type

House

Home Size

5,118 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1911

Status

For Sale

Days on Market

62

$ / Sqft

$153

· 8% down, 7% APR, 30yr fixed
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Courtesy of Real Brokerage Technologies