1037 W 43rd Street

Los Angeles, CA 90037

  • 0 Bed(s)
  • 0 Bath(s)
  • 8,250 Sqft
  • 6320
    Sqft(Lot)
$3,075,000

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 Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary

  • AD ID

    49221794

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Property Details

  • Water/Sewer

    • Water Source : Private
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Balcony,Quartz Counters,Recessed Lighting,Bedroom on Main Level,Main Level Primary
    • Windows: Blinds
    • Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Range Hood,Tankless Water Heater
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2024
    • Building Area Total: 8,250

    Foundation

    • Raised

    Pool Features

    • None

    Laundry Features

    • Inside

    Fencing

    • Wood,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1451
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6320

  • Listing Price Information

    • Original List Price: 3,075,000
    • Listing Contract Date: 2025-04-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5020026005

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C34 - Los Angeles Southwest
    • Postal Code Plus 4: 2402
    • Directions: Vermont and Marting Luther King Jr Blvd.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C34 - Los Angeles Southwest
    • Property SubType: Townhouse

    Building and Construction

    • Property Age: 1
    • Common Walls: 1 Common Wall
    • Property Condition: Turnkey
    • Structure Type: Townhouse
    • Year Built Source: Builder
    • Entry Level: 4
    • Entry Location: ground level
    • Property Attached: Yes
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 04/19/2025 @ 07:28

  • MLS: MB25072810
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 8,250 sqft, 6,320 sized lot, and 3 parking. are nearby neighborhoods.