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Triplex Investment Property
New
For Sale
$599,999

1242 E 43rd, Los Angeles, CA 90011

Property is fully tenant-occupied and registered with the Los Angeles Housing Department as three rental units.

Days on Market7

Property Features for 1242 E 43rd

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Building Size 2,297 SF
Year Built 1930
Listing Agency: Samuel G. Castorena Jr
Listed By: Samuel Castorena · License #01264865
Source: Elliman
Added: Jul 24 Changed: Jul 26 Last Checked: Jul 30 at 6:30AM

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 income property is located at 1242 E. 43rd Place and is legally a duplex configured to operate as three separate rental units. All three units are registered with the Los Angeles Housing Department. The building is fully tenant-occupied, providing immediate rental income from day one, though it may benefit from some TLC and cosmetic updates.

Set in South Los Angeles, the location offers convenient access to Downtown Los Angeles (DTLA), USC, Exposition Park, and several major venues, along with public transportation and Metro lines. Major freeways including the 110, 10, 105, and 710 are also nearby, with shopping, restaurants, schools, parks, and employment centers within reach.

Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.

Key Highlights

  • Legally a duplex (2‑unit property), currently configured as three separate rental units
  • Fully tenant‑occupied, providing immediate rental income
  • All three units are registered with the Los Angeles Housing Department

Property Analytics

Current Use

Triplexes

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.

Lease Details

100%
Occupancy
Yes
Highway access

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?
Triplex - Property is fully tenant-occupied and registered with the Los Angeles Housing Department as three rental units.
Where is this triplex located?
The property is located at 1242 E 43rd 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: Legally a duplex (2‑unit property), currently configured as three separate rental units; Fully tenant‑occupied, providing immediate rental income; All three units are registered with the Los Angeles Housing Department
More about this property
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