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Units

3

Building Size

2,297 sf

Lot Size

5,402 sf

Status

Active

Los Angeles

1242 E 43rd

About This Property

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.

Unit Mix

  • 2 units · 2bd / 1ba
  • 1 unit · 1bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Samuel G. Castorena Jr

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$599,999

Est. Monthly Payment

$3,834/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Samuel Castorena

Samuel G. Castorena Jr