1037 W 43rd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB25072810
Construction Status Turnkey
HOA Y/N No
Year Built 2024
Lot Size 6,320 Sqft
Property Sub-Type Townhouse
Property 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!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR3
Interior
Interior Features Balcony,Quartz Counters,Recessed Lighting,Bedroom on Main Level,Main Level Primary
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Inclusions All existing appliances and window blinds.
Fireplace No
Appliance Dishwasher,Gas Cooktop,Disposal,Gas Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Range Hood,Tankless Water Heater
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 3.0
Garage Description 3.0
Fence Wood,Wrought Iron
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Yard
Story 3
Entry Level Three Or More
Foundation Raised
Sewer Public Sewer
Water Private
Architectural Style Contemporary
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5020026005
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard