$599,999
 $3,221 est/mo Sourced by Back At You

1242 E 43rd,Los Angeles, CA 90011

Los Angeles, CA 90011

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Description

Welcome to 1242 E. 43rd Place, Los Angelesan outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset. The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns. Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio. Whether you’re a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles’ most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.

Details

MLS #TR26153841
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site37
Listing Provided BySamuel G. Castorena Jr | Samuel Castorena

Features

SQ Feet2,297
Story(s)1
Units3
Building(s)2
Acreage0.12

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Sewer Connected
SewerPublic Sewer

Location

Community FeaturesCurbs

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$599,999
low | high
Med:
$939,000
6.500260833768% of Average
sqft:
2,297
low | high
Med:
4,236
34.414453635176% of Average
$ / sqft:
$261
low | high
Med:
$376
6.097034009222% of Average
On site:
37
low | high
Med:
176
21.022727272727% of Average
Sourced by Back At You

Market Activity 90011

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Listing VS Median (in 90011)
Price:
$599,999
low | high
Med:
$939,000
6.500260833768% of Average
sqft:
2,297
low | high
Med:
4,236
34.414453635176% of Average
$ / sqft:
$261
low | high
Med:
$376
6.097034009222% of Average
On site:
37
low | high
Med:
176
21.022727272727% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $749K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1350 E 43rd Street Property Photo 1
$650,000
1350 E 43rd Street
Los Angeles, CA 90011
Listing Updated: August 21, 2026 at 9:37:11 PM PDT
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