Open House 9/12 1pm - 4pm
427 E 43rd Street
Los Angeles, CA, 90011 $ 785,000
Baths1.0 Sq 5,120 Monthly Estimate*
$ 4,957
Listed by Real Brokerage Technologies
Studio for $785,000 with 1 full bath. This 5,120 square foot home was built in 1911 on a lot size of 0.1175.
**OPEN HOUSE Sept 12 & 13th 1:00pm - 4:00pm*****Opportunity to acquire a 4-unit multifamily property at 427 E 43rd Street, Los Angeles, CA, offering investors the ability to acquire a well-located asset with immediate rental income, renovated units, and additional upside through lease-up and repositioning. The property consists of four (4) 1-bedroom / 1-bath units totaling approximately 2,100 SF on a 5,120 SF lot. Two units are currently occupied, generating $1,150 and $1,400 per month, while the remaining two units have been fully remodeled and are available for showing, providing an opportunity for a new owner to establish current market rents. The property features both front and rear access, allowing for convenient vehicle entry and parking within the property, with the potential for one vehicle per unit. One of the property's key advantages is its location. The property is just one street away from Gilbert Lindsay Recreation Center, providing convenient access to open recreational space, a soccer field, baseball field, and a designated area for pets. The property is also located less than 2 miles from Downtown Los Angeles' Fashion District and less than 2 miles from USC, placing residents near major employment, education, retail, dining, and entertainment destinations.
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Open House
9/12/2026 1:00 PM - 4:00 PM
9/13/2026 1:00 PM - 4:00 PM
427 E 43rd Street Los Angeles, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 4
Architectural Style Traditional
Pool Features None
Year Built 1911
Stories Count 1
Levels One Two
Property Subtype Quadruplex
Gross Income 0
Community Features Park
County Los Angeles
Net Operating Income 51989
Operating Expense 24842
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Coming Soon
Directions From the nearest main road head east on E 43rd St and continue to 427 E 43rd St.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area C36 - Metropolitan Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5120
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange FHA VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Builder
Tax Lot 131
Property Sub Type Additional Quadruplex
Expected Active Date 2026-09-12
Cap Rate 6.61
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InteriorTotal Stories 1
Common Walls 1 Common Wall
Laundry Features None
Entry Level 1
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ExteriorParking Features Paved
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 5120
Number of Buildings 3
Spa false
Building Area Total 5120
Lot Size Acres 0.1175
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded FeaturesList ByReal Brokerage TechnologiesBroker
joannacorona90@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,957
- 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 $1,866,049
Percent of Sale Price 138%
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 |
|---|
| 9/4/2026 | $785,000 | | Listed Price |