CA > Los Angeles
Los Angeles, CA 90011,1162 E 43rd Place
Los Angeles, CA 90011,1162 E 43rd Place
Los Angeles, CA 90011,1162 E 43rd Place
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Listed by Richard Bell • Bell Realty Group
$1,395,000
Est. payment /mo
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5,729 SqFt
Pending

1162 E 43rd Place Los Angeles, CA 90011

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,729 sqft

Price per Sqft $243

MLS Listing ID CRPW24235975

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1954

Lot Size 6,981 Sqft

Property Sub-Type Other

Property Description

Great cash flow property with huge upside too. 11.8% cash on cash return with current rents. 8.3% cap rate. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Walkable score of 83. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements. Market rents shown are for Section 8 approved 2 bedroom units. Garages currently used for storage.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry No Hookups

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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