$3,075,000
For Sale

1037 W 43rd Street

Los Angeles, CA 90037
0.15 acres | #MB25072810
Listing OfficeCENTURY 21 REALTY MASTERS
Browse 53 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 & electric, fully paid off solar panels, and extreme desirability amongst renters for years to come! Tour this property today and embark on a journey of Luxury, Style and Urban Living at its Finest in Los Angeles. All commuters will enjoy the close proximity to the interstate freeways 10, 110 & 105 connecting residents to employment hubs throughout Los Angeles and South Bay Cities. This is the perfect income producing property-you must add this to your portfolio: we welcome 1031 exchange, cash and financed buyers-call listing agent today! Current monthly rent roll: $19,650!

  • Property Details
      • InteriorBalcony, QuartzCounters, RecessedLighting, BedroomOnMainLevel, MainLevelPrimary
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$3,075,000
      • MLS #MB25072810
      • MLS #MB25072810
      • Property SubtypeTownhouse
      • Utility SourcePrivate
      • Cost3075000
      • Acres0.1451
      • FoundationRaised
      • Lot DescriptionYard
      • Year Built2024
      • Stories3
      • Parking Spaces3

Location

Gary ElminoufiReal Estate Group
OR

Interested in Purchasing 1037 W 43rd Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00