1049 W 43rd Street, Los Angeles, CA 90037

About this property

This is a great rental property generating a terrific cash flow. The property has two buildings, a three unit Spanish triplex and a single-family home Craftsman style located in the back of the property. The property has had many recent renovations in the past year (partial roof, partial plumbing, some new windows). All four units are rented. Tenants pay all utilities except water and sewage. Electric and gas have separate meters for each unit. Very low maintenance and very low expenses, which helps create great cash flow. Located in a super high demand rental area near University of Southern California with a strong potential for higher rents. Closing of escrow must be on or after September 1, 2014.

Listing description from the November 2014 sale, as reported to CRMLS.

Sale history

$665,000

Sold November 2014 · listed $682,000, orig. $775,000, on market January 2014 · MLS #SR14020801 · Source: CRMLS

Listing Agent: Simon Mills · Listing Office: Mills Realty of California · Contact: 818-763-4462 · Bought with: Jack Harriman · Jack Harriman

$450,000

Sold February 2012 · listed $480,000, on market October 2011 · MLS #P800848 · Source: CRMLS

Listing Agent: Mona Boulos · Listing Office: Prudential California Realty · Contact: 562-860-2443 · Bought with: Jack Harriman · Jack Harriman & Associates

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