821 W 43rd PL Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR25112515
Construction Status Turnkey
HOA Y/N No
Year Built 1923
Lot Size 6,669 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 821 W 43rd Place, a prime investment opportunity located in the heart of Los Angeles, just a stone's throw from USC and Exposition Park. This well-maintained 4-unit building offers the perfect mix of potential and convenience, with three units currently vacant and ready for new tenants. The property features a mix of spacious (2) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units, catering to a wide range of renters. Recent upgrades include brand-new water heaters, a fully renovated roof, upgraded sewer line, energy-efficient windows, smooth stucco exterior, and newer cooling systems. These improvements not only enhance the building's aesthetic appeal but also ensure a low-maintenance investment for years to come. With these updates, this turnkey property is poised to command top-dollar rents, making it an excellent choice for an investor seeking immediate returns. Located within one mile of USC, Exposition Park, and upcoming events like the FIFA 2025 World Cup, the location offers the added bonus of high-demand rental potential for both long-term tenants and short-term stays during special events. Potential development opportunity with additional space in back for extra units, buyer to verify. This is your chance to acquire a well-positioned, fully-upgraded property in one of LA's most vibrant and growing neighborhoods.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Laundry Closet
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5019007010
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard
Lease Land No