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.
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
Triplex
Built in 1930
-- sqft lot
$602,600 Zestimate®
$261/sqft
$-- HOA
What's special
- 47 days
- 948
- 61
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Samuel Castorena DRE #01264865 626-253-5129,
Samuel G. Castorena Jr
Source: CRMLS,MLS#: TR26153841
Originating 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: $426,158
- Date on market: 7/22/2026
- Cumulative days on market: 47 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity
Estimated market value
$602,600
$572,000 - $633,000
$2,543/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $599,999+66.7%$261/sqft |
Source: | ||
| 9/29/2016 | Sold | $360,000-1.4%$157/sqft |
Source: Public Record Report a problem | ||
| 8/3/2016 | Pending sale | $365,000$159/sqft |
Source: Century 21 Allstars #DW16154267 Report a problem | ||
| 7/15/2016 | Price change | $365,000-3.9%$159/sqft |
Source: Century 21 Allstars #DW16154267 Report a problem | ||
| 7/14/2016 | Pending sale | $380,000+90%$165/sqft |
Source: Century 21 Allstars #DW16021011 Report a problem | ||
| 11/16/2009 | Sold | $200,000-2.4%$87/sqft |
Source: Public Record Report a problem | ||
| 9/19/2009 | Listed for sale | $204,900$89/sqft |
Source: J.C. Realtors, Inc #P688193 Report a problem | ||
| 7/25/2009 | Listing removed | $204,900$89/sqft |
Source: J.C. Realtors, Inc #P688193 Report a problem | ||
| 6/8/2009 | Price change | $204,900-14.6%$89/sqft |
Source: J.C. Realtors, Inc #P688193 Report a problem | ||
| 5/22/2009 | Listed for sale | $239,900-48.4%$104/sqft |
Source: J.C. Realtors, Inc #P688193 Report a problem | ||
| 2/28/2006 | Sold | $465,000+78.8%$202/sqft |
Source: Public Record Report a problem | ||
| 9/24/2004 | Sold | $260,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $426,158 +2% |
| 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
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Neighborhood: Central City
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