Los Angeles, CA 90011,1490 E 43rd St
Los Angeles, CA 90011,1490 E 43rd St
Los Angeles, CA 90011,1490 E 43rd St
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$825,000
Est. payment /mo
6 Beds
4 Baths
2,136 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,136 sqft

Price per Sqft $386

MLS Listing ID 25593233

Bedrooms 6

Year Built 1927

Lot Size 5,003 Sqft

Acres 0.1149

Property Sub-Type Multi-Family

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 Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Lot Description Single Lot

Story 1

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Name

Phone*

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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