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$3,075,000

Est. payment - /mo

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6,320 Sqft Lot

Active

1037 W 43rd ST Los Angeles, CA 90037

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Crystal Chen

crystal@crystalchenhome.com +1(310) 779-6068

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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

Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS • 323-253-5456

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Crystal Chen

Broker Associate | License ID: 01428445

+1(310) 779-6068

1037 W 43rd ST Los Angeles, CA 90037

Crystal Chen

Key Details

Location

Interior

Exterior

Building

Others

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1037 W 43rd ST