Overview
- 6
- 4
- 2136
- 1927
Description
We are pleased to present 1490 E 43rd St, a 4-unit multifamily property in Los Angeles, offered at a 9.67 GRM and 7.18% CAP on current rents with upside potential to achieve a 7.90 GRM and 9.42% CAP with proforma rent. The property consists of two separate duplexes offering a total of 2,136 rentable square feet with ALL units delivered FULLY OCCUPIED. Built in 1927, both structures are situated on a 5,003 square foot LAR2 zoned corner lot with alley access. The unit mix consists of two (2) two bedroom one-bathroom unit and two (2) one bedroom one-bathroom units with ALL units having been renovated. Located 0.4 Miles to the Vernon Station for the A Line, as well as a number of nearby bus stops, the property offers easy access to Downtown Los Angeles, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, various employment opportunities and nearby tenant amenities. Contact the listing broker for additional information.
Address
Open on Google Maps- Address 43rd
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90011
Details
Updated on November 3, 2025 at 5:06 pm- Property ID: HZ25593233
- Price: $825,000
- Property Size: 2136 Sq Ft
- Bedrooms: 6
- Bathrooms: 4
- Year Built: 1927
- Property Status: ResidentialIncome
- Listed by: Casey Lins
- DRE #: 01902650
- Contact Mail: Casey.Lins@kidder.com
- Brokered by: Kidder Mathews of California, Inc.
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