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Duplex Income Property with Triple Units
New
For Sale
$599,999

1242 E 43rd PL, Los Angeles, CA 90011

Legally a duplex with three registered rental units, fully tenant-occupied and producing immediate income.

Days on Market7

Property Features for 1242 E 43rd PL

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1930
Listing Agency: Samuel G. Castorena Jr
Listed By: Samuel Castorena · License #01264865
Source: Exitrealty
Added: Jul 24 Changed: Jul 26 Last Checked: Jul 30 at 4:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samuel G. Castorena Jr

Investment Insights

Based on property information with market context.

This property is legally a duplex and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, and the property is fully tenant-occupied, providing rental income immediately. The building may benefit from some TLC and cosmetic updates, presenting a value-add opportunity for an investor.

Located in South Los Angeles, the address offers convenient access to Downtown Los Angeles, USC, and multiple local venues, along with major freeways including the 110, 10, 105, and 710. Public transportation and a range of retail, dining, schools, parks, and employment centers are also described in the marketing remarks.

Interested parties should verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.

Key Highlights

  • Year built 1930 duplex legally configured as a 2‑unit property
  • Currently configured as three separate rental units, all registered with the Los Angeles Housing Department
  • Fully tenant‑occupied for immediate rental income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legally a duplex with three registered rental units, fully tenant-occupied and producing immediate income.
Where is this duplex located?
The property is located at 1242 E 43rd PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Year built 1930 duplex legally configured as a 2‑unit property; Currently configured as three separate rental units, all registered with the Los Angeles Housing Department; Fully tenant‑occupied for immediate rental income
More about this property
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