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For sale
  • Listed by: Samuel G. Castorena Jr • Samuel Castorena • Contact: 626-253-5129
    $599,999

    1242 E 43rd Pl, Los Angeles, CA 90011

    5beds
    3baths
    2,297sqft
    : 
    $4,017/mo
    Get pre-qualified
    Triplex
    Built in 1930
    -- sqft lot
    $597,200 Zestimate®
    $261/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Samuel Castorena DRE #01264865 626-253-5129,

    Samuel G. Castorena Jr

    Source: CRMLS,MLS#: TR26153841MLS LogoOriginating 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

      Community & HOA

      Community
      • Features: Curbs
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $261/sqft
      • Tax assessed value: $417,803
      • Annual tax amount: $5,416
      • Date on market: 7/22/2026
      • Cumulative days on market: 2 days
      • Listing terms: Cash to New Loan
      • Tenant pays: Electricity

        Estimated market value

        $597,200

        $567,000 - $627,000

        $2,811/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$599,999+66.7%$261/sqft
        Source: CRMLS #TR26153841 Report a problem
        9/29/2016Sold$360,000-1.4%$157/sqft
        Source: Public Record Report a problem
        8/3/2016Pending sale$365,000$159/sqft
        Source: Century 21 Allstars #DW16154267 Report a problem
        7/15/2016Price change$365,000-3.9%$159/sqft
        Source: Century 21 Allstars #DW16154267 Report a problem
        7/14/2016Pending sale$380,000+90%$165/sqft
        Source: Century 21 Allstars #DW16021011 Report a problem
        11/16/2009Sold$200,000-2.4%$87/sqft
        Source: Public Record Report a problem
        9/19/2009Listed for sale$204,900$89/sqft
        Source: J.C. Realtors, Inc #P688193 Report a problem
        7/25/2009Listing removed$204,900$89/sqft
        Source: J.C. Realtors, Inc #P688193 Report a problem
        6/8/2009Price change$204,900-14.6%$89/sqft
        Source: J.C. Realtors, Inc #P688193 Report a problem
        5/22/2009Listed for sale$239,900-48.4%$104/sqft
        Source: J.C. Realtors, Inc #P688193 Report a problem
        2/28/2006Sold$465,000+78.8%$202/sqft
        Source: Public Record Report a problem
        9/24/2004Sold$260,000$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,416 +1%$417,803 +2%
        2024$5,360 +1.9%$409,612 +2%
        2023$5,262 +4.7%$401,582 +2%
        2022$5,028 +1.4%$393,709 +2%
        2021$4,958 -0.9%$385,990 +1%
        2020$5,002 $382,034 +2%
        2019$5,002 +6.6%$374,544 +2%
        2018$4,694 $367,200 +2%
        2017$4,694 +2.2%$360,000 -15.5%
        2016$4,594 -14%$425,801 +1.5%
        2015$5,339 +0.8%$419,406 +2%
        2014$5,298 $411,191 +5.3%
        2010-- $390,500 -20.9%
        2009-- $493,461 +2%
        2008-- $483,786 +2%
        2007-- $474,300 +78.8%
        2006-- $265,200
        2005-- $265,200 +134.3%
        2004-- $113,210 +1.9%
        2003-- $111,136 +2%
        2002-- $108,958 +4%
        2000-- $104,730
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.

        Climate risks

        Neighborhood: Central City

        Getting around

        80 / 100
        Very Walkable
        60 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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