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Residential Income — 661 E 43rd Place, Los Angeles, CA

$649,000

661 E 43rd Place, Los Angeles, CA

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About this property

*** Excellent investment opportunity with high rents!!! *** This property features 3 well-maintained units with a strong 8.62% cap rate and $6,085 in monthly gross rents / $73,020 annually. Unit 661 features 1 bedroom and 1 bathroom with new flooring throughout unit, new fixtures, and fresh interior paint. Unit 661 1/2 is a 1 bedroom and 1 bathroom well maintained unit, while Unit 661 3/4 offers 3 spacious bedrooms, 1.5 bathrooms, new bedroom and main-bath flooring, new fixtures, and central A/C and heat. Strong income, attractive cap rate, and updated units make this a compelling addition to an investor’s portfolio.

Property details

Year built
1909
Property type
Residential Income

Location

661 E 43rd Place • Los Angeles, CA 90011

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Listed by

Anthony Manjarrez · ehomes