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    239 W 43Rd St

    Los Angeles, CA 90037
    • $995,000
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 21-713538
    UPDATED: 21 min ago
    $995,000
    • 5
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,672
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    GREAT UPSIDE!! This charming 5 unit Craftsman style building has great aesthetics and 35% rent upside in the shadows of USC. The 4 units in the front are Huge, over 900 SF each and are large enough to be converted to 2 BR's (buyer to do their own due diligence with city). They feature balconies on the upper floor and porches below. The rear cottage is a self contained, attractive bungalow that has had some updates including new roof, and paint. The building is professionally managed and has had several recent improvements including updated electrical and sewer line. Tenants pay gas, electric and trash so expenses can be kept low.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/115695047
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    239 W 43Rd St Los Angeles, CA 90037

    • Price: $995,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 21-713538
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,672
    SQFT
    $271
    $/SQFT
    1911
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    GREAT UPSIDE!! This charming 5 unit Craftsman style building has great aesthetics and 35% rent upside in the shadows of USC. The 4 units in the front are Huge, over 900 SF each and are large enough to be converted to 2 BR's (buyer to do their own due diligence with city). They feature balconies on the upper floor and porches below. The rear cottage is a self contained, attractive bungalow that has had some updates including new roof, and paint. The building is professionally managed and has had several recent improvements including updated electrical and sewer line. Tenants pay gas, electric and trash so expenses can be kept low.
    Exterior Features

    Direction Faces South Lot Size Area 6352 Other Structures None Parking Garage Driveway Roof Composition Style Arts And Crafts Total Parking 1

    Interior Features

    Baths Total 5.00 Cooking Appliances Cooktop - Gas Cooling None Equipment Garbage Disposal Flooring Laminate Heating Natural Gas Water Heater Features Gas

    Property Features

    Assessed Total Value 790500 Gross Income 66696 Gross Operating Income 63361 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 40389.00 Number Of Buildings 2 Number Of Units 5 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 22972 Type Of Units Residential Water Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Keith Moret DRE#01802527 of Keller Williams Beach Cities.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-08T22:42:16.577. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270