Los Angeles, CA 90011 1559 E 43Rd Street

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  • MLS# 21678568
  • 01/18/2021
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Presented By: Eliza Kerndian with Keller Williams Realty Westside.
  • Beds • 4
  • Baths • 4
  • Year Built • 1910

Home Details

This is an incredible opportunity to acquire solid income property with 50 % upside, consisting of one 3 Bed 1 Bath and 3 units 1 bedroom 1 bath, totaling 4 units in just east of Downtown LA. The units have long term tenants in place offering a new owner/investor to achieve more than 50 % upside potential in rent for returns in the future. There is tremendous value add opportunity as a savvy investor can achieve above market pro forma returns here. Low Expenses, ALL Tenants are paid up to date, Actual Yearly Gross $49,032, Cap rate 4.7 %, Close to Downtown Los Angeles near USC, Freeways, Parks & Recreation, and Restaurants & Shops.
Presented By: Eliza Kerndian with Keller Williams Realty Westside.

Interior Features for 1559 E 43Rd Street

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NNo

General for 1559 E 43Rd Street

CoolingCentral Air
HeatingNone
Listing AgentEliza Kerndian - BRE#01398836
Listing Agent State License01398836
MLS AreaC42 - Downtown L.A.
Parking FeaturesAssigned
Property TypeResidential Income
Senior Community Y/NNo
Total Actual Rent49032
Total Units4
ZoningLAR2

Exterior for 1559 E 43Rd Street

Lot Size Acres0.11
Lot Size Area5058
Lot Size Square Feet5058
Lot Size UnitsSquare Feet
Number of Buildings1

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $729,500
MLS#21678568
List Date 01/18/2021
Property Type Income
Phone 310.658.1749
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