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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$785,000
Est. payment /mo
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5,118 Sqft Lot
Coming Soon

427 E 43rd ST Los Angeles, CA 90011

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Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

+1(215) 519-8300

Open House

Sat Sep 12, 1:00pm - 4:00pm

Sun Sep 13, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID IV26194679

HOA Y/N No

Year Built 1911

Lot Size 5,118 Sqft

Property Sub-Type Quadruplex

Property Description

**OPEN HOUSE Sept 12 & 13th 12:00pm - 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

Fireplace No

Laundry None

Exterior

Parking Features Paved

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Park

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One,Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5113010009

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by JOANNA CORONA Real Brokerage Technologies 626-428-4730, DRE #02130871

NEARBY SCHOOL & BUSINESS

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Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

Agent License ID: 2212873

+1(215) 519-8300

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427 E 43rd ST