427 E 43rd ST, Los Angeles, CA 90011
427 E 43rd ST, Los Angeles, CA 90011
427 E 43rd ST, Los Angeles, CA 90011
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Listed by JOANNA CORONA, DRE #02130871 • Real Brokerage Technologies
$785,000
Est. payment /mo
5,120 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV26194679

Style Traditional

Year Built 1911

Lot Size 5,120 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Laundry None

Exterior

Parking Features Other

Garage Spaces 4.0

Pool 31, None

Building

Story One Story

Water District - Public

Architectural Style Traditional

Others

Tax ID 5113010009

Special Listing Condition Not Applicable


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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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427 E 43rd ST