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886--894 E 43rd Pl

Los Angeles, CA 90011
  • $1,600,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 25533565
$1,600,000
  • 19
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 6,508
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. Listed at an 8.37% cap rate, 886-894 E. 43rd Pl. offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of two separate buildings on two adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-16T23:43:02.25. 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.deserthouseseekers.com/homes/163414055
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886--894 E 43rd Pl Los Angeles, CA 90011

  • Price: $1,600,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: 25533565
19
Beds
7
Baths
0
½ Baths
N/A
Acres
6,508
SQFT
$246
$/SQFT
1960
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. Listed at an 8.37% cap rate, 886-894 E. 43rd Pl. offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of two separate buildings on two adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.
Exterior Features

Covered Parking 2 Cross Streets 43rd and McKinley Direction Faces North Entry Location Ground Level w/steps Exterior Construction Stucco Levels One Lot Description Lot Shape-Rectangular2-4 Lots Lot Location City Lot Size Area 13494 Other Structures None Parking Garage Assigned Patio Features None Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Style Traditional Tennis Court None Total Parking 7 View Description City View YN Yes Water Frontage None

Interior Features

Common Walls Attached Cooling Wall/Window Equipment RefrigeratorRange/Oven Fireplace Rooms None Heating Wall Laundry None Water Heater Features Gas

Property Features

Alley YN No Disclosures As Is Entry Floor Number 1 Gross Income 190362 Gross Operating Income 184651 Land Lease Type Fee Like Units1 3 Like Units2 3 Like Units3 1 Net Operating Income 133923.00 Number Of Buildings 2 Number Of Units 7 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Smoke DetectorCarbon Monoxide Detector(s)Window Bars Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Other Tenant Pays GasElectricity Total Annual Expense 50729 Type Of Units apt Water Public Water Heaters YN Yes Year Built Source Assessor Zoning LARD2

Listing provided courtesy of William James DRE#01734419 of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-16T23:43:02.25. 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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