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For Sale

$599,999

5,401 sqft$111/sqft109 days on market

1242 E 43rd PL

Los Angeles, CA 90011

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,401

Square feet

1930

Built

Listing narrative

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.

Listing agent (MLS): Samuel Castorena · Listing brokerage (MLS): Samuel G. Castorena Jr

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

$599,999

Beds

Beds n/a

Type

Multi-Family

Home Size

5,401 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1930

Status

For Sale

Days on Market

109

$ / Sqft

$111

· 8% down, 7% APR, 30yr fixed
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Courtesy of Samuel G. Castorena Jr