1242 E 43rd
Los Angeles, CA, 90011 $ 599,999
Baths1.0 Sq 2,297 Monthly Estimate*
$ 3,788
Listed by Samuel G. Castorena Jr
Studio for $599,999 with 1 full bath. This 2,297 square foot home was built in 1930 on a lot size of 0.124.
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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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Available Sewer Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1930
Tenant Pays Electricity
Property Subtype Triplex
Gross Income 0
Community Features Curbs
County Los Angeles
Net Operating Income 37776
Operating Expense 6000
Insurance Expense 2121
New Construction false
Property Type Residential Income
HOA false
Contingency None
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Right on Hooper Right on 43rd place
City Los Angeles
Entry Location front
Senior Community Y/N false
Number Of Units Total 3
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5402
Number of Units Leased 3
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 3000
Current Financing Conventional
Fuel Expense 0
Trash Expense 3000
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 4
Property Sub Type Additional Triplex
Taxes 0
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InteriorFireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 5402
Number of Buildings 2
Building Area Total 2297
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList BySamuel G. Castorena JrBroker
gatewaysamuel@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,788
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,870,583
Percent of Sale Price 212%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/22/2026 | $599,999 | | Listed Price |