Welcome to 1242 E. 43rd Place, Los Angeles—an 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.
2 days
|
181
|
12
|
Zillow last checked:
Listing updated:
Listed by:
Samuel CastorenaDRE #01264865626-253-5129,
Samuel G. Castorena Jr
Source: CRMLS,MLS#: TR26153841Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: None
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 2,297
Total interior livable area: 2,297 sqft
Property
Features
Entry location: front
Pool features: None
Lot
Size: 5,402 Square Feet
Features: 0-1 Unit/Acre
Details
Parcel number: 5115035015
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes
Condition
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Sewer Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.