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Buy a houseat 1159 E 43rd Place, Los Angeles, CA 90011

$650,000

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Residential

1,440 Sq. Ft.

4,844 Sq. Ft. lot

3 Bedrooms

1 Bathrooms

308 Days on market

OC23119978 MLS ID

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About 1159 E 43rd Place house

Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,600 sq ft of total living space triplex with garages/parking and a potential for a fourth 2+1 unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. The second floor presents a larger team with 3 bedrooms and 3 bathrooms, offering 1,266 sq ft of space. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this property’s immense potential for your investment goals. Don't miss out on this chance - go direct and seize the opportunity now!
Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,600 sq ft of total living space triplex with garages/parking and a potential for a fourth 2+1 unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. The second floor presents a larger team with 3 bedrooms and 3 bathrooms, offering 1,266 sq ft of space. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this property’s immense potential for your investment goals. Don't miss out on this chance - go direct and seize the opportunity now!

Property details

Bathrooms

1 full bathroom

3 bathrooms on main level

Bedrooms

3 total bedrooms

3 bedrooms on main level

Building

1 total stories

Built in 1911

Stories: 1

1,440 sqft living area

No Common Walls

One

House

Community

1 units in community

Biking

Cooling

Central Air

Disclosures

Cautions Call Agent

Principal is Real Estate Licensed

Fireplaces

Living Room

Garage

Attached garage

2 garage spaces

Interior Features

All Bedrooms Down

Laundry

Washer Hookup

In Garage

Listing

Listing ID: OC23119978

Property Subtype: Single Family Residence

28 days on market

Listed on 2023-07-07

Location

County: Los Angeles

Lot

4844 sqft

0.1112 acres

Area: 4844

Value In Land

Parking

2 total parking spaces

Possession

Close Of Escrow

Property

Single unit

Repairs Major

Neighborhood

Schools

High School District: Los Angeles Unified

Sewer

Public Sewer

Utilities

Electricity Connected

Natural Gas Connected

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$4,142/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$611,000

+$19,500

$630,500

Seller agent commission$19,500 (3%)*

$0 (0%)

Buyer agent commission$19,500 (3%)*

$19,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $19,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 11, 2024 at 7:07 p.m.

Data updated: Aug 4, 2023 at 8:05 p.m.

Property listed by Innovate Realty, Inc., Frank Shamoo
Based on information from California Regional Multiple Listing Service, Inc. as of 08/04/2023 and/or other sources. 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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