1037 W 43rd Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Commercial
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 8,250 sqft
Price per Sqft $372
MLS Listing ID CRMB25072810
HOA Y/N No
Year Built 2024
Lot Size 6,320 Sqft
Acres 0.15
Property Sub-Type Townhouse
Property Description
STEP INTO IMMEDIATE CASH FLOW $19,650 MONTHLY RENTAL INCOME: 5 UNITS ARE NOW LEASED #1: $4,400, #2: $4,250 & #3: $4,200, #4: (2BDR) $2,700, & #5 (4BDR) $4,100 - 1037 W. 43rd St is a 5-UNIT townhouse style apartment building located in the ultra-hot Los Angeles 90037 neighborhood adjacent to the BMO Stadium, LA Coliseum, Exposition Park, USC Village and the Coming Soon Lucas Museum. Completed in Fall 2024, this property is composed of 2-detached three-story structures with a combined 8,250 SQFT of rentable space sitting on a large lot with enough space for easy entry and exit access. Additional Sq ft of 1,084: (1) 2 car attached tandem garage & 1 car attached garage. The units at this property are significantly larger than other for-rent units typically found in the new construction market and are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 4-units made up of 4 large bedrooms 4 bathrooms + 1 unit with 2 bedrooms and 2 bathrooms. In addition to the high return, buyers will enjoy other perks of the tastefully designed drought tolerant landscaping, fully equipped with stoves, refrigerators, over the range microwave, dishwasher, a 1-year builder’s warranty, little to no maintenance, separate meters for gas, water
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Gas Water Heater,Tankless Water Heater
Laundry Inside
Exterior
View Y/N true
View Other
Building
Sewer Public Sewer
Water Private
New Construction No
Others
Tax ID 5020026005