1037 W 43rd Street
Los Angeles, CA 90037
- – beds
- – baths
- – sqft
- 6,320 sqft lot
- 2024 build
- – on site
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!
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Last updated Apr 4, 2025
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MLS# MB25072810 —
The Building
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Year Built:2024
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Year Built Source:Builder
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New Construction:Yes
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Building Area Total:8250.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:2
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Architectural Style:Contemporary
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Foundation:Raised
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Stories Total:3
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Entry Level:4
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Common Walls:1 Common Wall
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# of Separate Gas Meters:5
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# of Separate Water Meters:5
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# of Separate Electric Meters:5
Interior
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Features:Balcony, Living Room Balcony, Quartz Counters, Recessed Lighting
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Levels:Three Or More
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Entry Location:ground level
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Window Features:Blinds
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Flooring:Laminate
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Room Type:Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:Vermont and Marting Luther King Jr Blvd.
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Latitude:34.00576000
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Longitude:-118.29292400
The Property
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Property Type:Residential Income
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Subtype:Townhouse
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Property Condition:Turnkey
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Zoning:LAR3
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Lot Features:Lot 6500-9999, Yard
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Lot Size Area:6320.0000
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Lot Size Acres:0.1451
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Lot Size SqFt:6320.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Wood, Wrought Iron
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Fence:Yes
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:C
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Tax Census Tract:2316.03
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Tax Tract:1234
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5020026005
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Private
Appliances
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Appliances:Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
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Included:Yes
The Community
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Features:Sidewalks, Street Lights
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Inclusions:All existing appliances and window blinds.
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:8.00
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Garage Spaces:3.00
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Uncovered Spaces:5.00
Extra Units
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Number With Disposal:5
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Number With Dishwasher:5
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/3/25
Apr 3, 2025
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Listed / Active | CRMLS_CA | $3,075,000 | 444.2% (115.4% / YR) |
2/5/25
Feb 5, 2025
|
Listed / Active | CRMLS_CA | ||
11/7/24
Nov 7, 2024
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Price Changed | CRMLS_CA |