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612 E 43RD St

Los Angeles, CA 90011
  • $850,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: 22-142157
UPDATED: 81 min ago
$850,000
  • 7
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,469
    SQFT
  • $344
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Description

We are proud to present this C2-Zoned, Tri-plex in-between South Park & Central Alameda located just minutes away from USC, SoFi Stadium, DTLA, the Fashion District, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's and many of LA's best attractions. This 2,469 square foot two story tri-plex was built in 1912 and has a unit mix consisting of (1) 3 bed 1 bath unit, (1) 2 bed 1 bath unit and (1) 1 bed 1 bath unit. The building is sitting on a 5,760 square foot lot with a total of 6 parking spaces in the driveway, situated on this very large lot poised for future additions such as ADU's, or Commercial/mixed use redevelopment and allowing for building up to 3 stories. All tenants are on month-to-month leases, with 1 unit being delivered vacant upon closing, providing owner users or investors incredible upside in rents and a potential to generate a 6.7% pro-forma cap rate.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-12T12:43:44.463. 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.trulinerealty.com/homes/127306758
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612 E 43RD St Los Angeles, CA 90011

  • Price: $850,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 81 min ago
  • ID#: 22-142157
7
Beds
0
Baths
0
½ Baths
0.13
Acres
2,469
SQFT
$344
$/SQFT
1912
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
We are proud to present this C2-Zoned, Tri-plex in-between South Park & Central Alameda located just minutes away from USC, SoFi Stadium, DTLA, the Fashion District, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's and many of LA's best attractions. This 2,469 square foot two story tri-plex was built in 1912 and has a unit mix consisting of (1) 3 bed 1 bath unit, (1) 2 bed 1 bath unit and (1) 1 bed 1 bath unit. The building is sitting on a 5,760 square foot lot with a total of 6 parking spaces in the driveway, situated on this very large lot poised for future additions such as ADU's, or Commercial/mixed use redevelopment and allowing for building up to 3 stories. All tenants are on month-to-month leases, with 1 unit being delivered vacant upon closing, providing owner users or investors incredible upside in rents and a potential to generate a 6.7% pro-forma cap rate.
Exterior Features

Lot Size Area 5760 Other Structures None Parking Garage Driveway Total Parking 0

Interior Features

Baths Total 3.00 Cooling None Equipment Ceiling FanRange/Oven Heating None

Property Features

Assessed Total Value 599143 Gross Income 52164 Gross Operating Income 52164 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 40560.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 11604 Type Of Units Triplex Year Built Source Vendor Enhanced Zoning Lac2

Listing provided courtesy of Shelton Wilder DRE#01979656 of Sotheby's International Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-12T12:43:44.463. 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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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064