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$785,000

FOR SALE
Active

427 E 43rd Street

Los Angeles, CA

MLS# IV26194679

Quadruplex
8 days on marketNalren refreshed

Listing Agent

JOANNA CORONA

Listing Agent

Real Brokerage Technologies

DRE #: 02130871

(626) 428-4730

Brokerage: Real Brokerage Technologies

Evelyn Baez Gonzalez

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02103055

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1911

Year Built

5,120 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Quadruplex

Property Type

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.

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
2–5 Acre Lot

Building

Year Built
1911
Architectural Style
Traditional
Building Area Total
2,100
Levels
One, Two
Stories Total
1

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Paved
Parking Total
0

Community / HOA

HOA
No
Association Fee
$0

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