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Three-Unit Craftsman Multifamily Property
For Sale
Contact for pricing
Pending

242 W 43rd St, Los Angeles, CA 90037

Residential income property with a two-story front house, rear dwelling, and separate-entry apartment.

Property SizeContact for details
Days on Market141

Property Features for 242 W 43rd St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Forward Inglewood, Inc.
Listed By: Edna Briscoe · License #02118986
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:35PM

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 Forward Inglewood, Inc.

Investment Insights

Based on property information with market context.

This multifamily property at 242-244 W. 43rd Street comprises three residential units on one lot. The front structure is a two-story home with three bedrooms upstairs and living, dining, kitchen, half-bath, and laundry areas downstairs. A separate one-bedroom, one-bath house is positioned at the rear, while a one-bedroom, one-bath apartment has its own entrance along the side of the front building.

The units are occupied by long-term tenants with current Section 8 contracts. Parking is available in the driveway and along the street. The property is located east of the 110 Freeway, between Main Street and Broadway, with USC, DTLA, and BMO Stadium identified nearby. The sale is offered as-is with tenants in place, and interior access is available with an accepted offer.

Key Highlights

  • Three residential units on one lot: 3‑bedroom SFR, 1‑bedroom SFR, and 1‑bedroom apartment
  • Front residence is a 2‑story structure with living, dining, kitchen, laundry, and half‑bath areas
  • Rear 1‑bedroom, 1‑bath SFR plus side‑entry 1‑bedroom, 1‑bath apartment

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

1,548
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Residential income property with a two-story front house, rear dwelling, and separate-entry apartment.
Where is this triplex located?
The property is located at 242 W 43rd St Los Angeles, CA.
What are key features of this property?
This property features: Three residential units on one lot: 3‑bedroom SFR, 1‑bedroom SFR, and 1‑bedroom apartment; Front residence is a 2‑story structure with living, dining, kitchen, laundry, and half‑bath areas; Rear 1‑bedroom, 1‑bath SFR plus side‑entry 1‑bedroom, 1‑bath apartment
More about this property
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