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239 W 43Rd St Los Angeles, CA 90037

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For Sale
$899,000

Investment opportunity near Downtown and USC with income upside.

Lot size:
0.15 Acres

Property Features for 239 W 43Rd St

General Information

Lot size
0.15 Acres

Building Details

Year built
1911

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Listing Contact
Source: Elliman

Listing Agency: Keller Williams Realty Calabasas

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Value-Add Investment Near USC

The property at 239 W 43rd St presents an investment opportunity near Downtown Los Angeles and USC. This property, offered at $225 per square foot, has potential for a 30% increase in gross monthly income. The front building contains four large one-bedroom units, each averaging over 900 square feet and including a dining room, living room, kitchen, den, and bathroom. The two upper units feature private balconies. The rear building is a private 500-square-foot one-bedroom, one-bath bungalow with its own yard, living room, and kitchen. The location is near Gilbert Lindsay Park, Exposition Park, Lucas Museum, Arts District, the Reef, Banc of California Stadium, and LA Live, with billions of dollars in developments currently in the works.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.26992
Latitude
34.00579

FAQs

What type of property is this?
Apartment building - Investment opportunity near Downtown and USC with income upside.
Where is this apartment building located?
The property is located at 239 W 43Rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Value-add opportunity with **30% upside in gross monthly income**.; - Offered at a low price of $225 per sq ft.; - Located near Downtown LA and USC, with proximity to key attractions and developments.
More about this property
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