242 -244 W 43rd Street Los Angeles, CA ^$ 975,000

242 -244 W 43rd Street

^$ 975,000

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242 -244 W 43rd Street

Los Angeles, CA, 90037

^$ 975,000

Bedrooms5 Baths4.0 Sq 2,566

Monthly Estimate*

^$ 5,839

Listed by Forward Real Estate

242 -244 W 43rd Street, Los Angeles, CA 90037 - Image 1

242 -244 W 43rd Street, Los Angeles, CA 90037 - Image 2

242 -244 W 43rd Street, Los Angeles, CA 90037 - Image 3

242 -244 W 43rd Street, Los Angeles, CA 90037 - Image 4

242 -244 W 43rd Street, Los Angeles, CA 90037 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $975,000 with 5 bedrooms and 4 full baths. This 2,566 square foot home was built in 1916 on a lot size of 0.1458.

Great Investment Opportunity. We are pleased to present this Classic California Craftsman Mansion style property located at 242-244 W. 43rd Street. A Multi - Family residential property comprising of three on a lot. (1) 3-/bdr, 2 bath, SFR, (1) Bedroom, 1 bath SFR, and (1) Bedroom Apartment, (1) bath. The front building is a 2-story structure housing with 3 bedrooms upstairs , living room, dining room, kitchen , 1/2 bath, laundry room downstairs. (1) SFR bedroom house in the back and (1) bedroom apartment with separate entrance on side of front house. Tenants are all long -term with current Section 8 contracts. Ample street parking and in driveway. Centrally located , nearby USC, DTLA, BMO stadium and other attractions.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.1458

Year Built

1916

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24433179

Days on Market

Features

General

Heating Zoned

Cooling None

Possession CloseOfEscrow

Roof Composition Shingle

Zoning LAR2

Patio/Porch Features Covered FrontPorch

Architectural Style Traditional

Pool Features None

Security Features CarbonMonoxideDetectors FireDetectionSystem FireSprinklerSystem SmokeDetectors WindowBars

Year Built 1916

Tenant Pays Electricity Gas

Stories 1

Levels One Two

Gross Income 69060.0

County Los Angeles

Net Operating Income 62640.0

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Facing Direction North

Garage Y/N N

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Conventional FHA VA

Directions East of 110 Frwy. Located Between Main & Broadway

City Los Angeles

Entry Location Ground Level w/steps

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 4.0

NumberOfUnitsTotal 3

MLS Area C34 - Los Angeles Southwest

Lot Size Units SquareFeet

Lot Size Square Feet 6349.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Terms Cash Conventional FHA FannieMae FreddieMac VALoan

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Interior

Flooring Tile

Fireplace Features Bath DiningRoom Electric Kitchen LivingRoom

Total Stories 2

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N Y

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Inside

Electric On Property Y/N N

Total Baths 4

Exterior

Parking Features Driveway OnStreet

Lot Features BackYard FrontYard Lawn

Total Parking 0.0

Lot Size Area 6349.0

Number of Buildings 3

Spa N

Building Area Total 2566.0

Lot Size Acres 0.1458

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 242

* Excluded Features

List By

Forward Real Estate

Broker

(213) 254-7104

Phone

Affordability Calculator

$5,839

Per Month

Monthly Principal & Interest: $5,839
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,055,802

Percent of Sale Price 111%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/30/2024	$975,000		Listed Price

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242 -244 W 43rd Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $975,000 with 2,566 sqft and a lot size of 0.1458. 242 -244 W 43rd Street has 5 bedrooms, 4.0 baths, and was built in 1916. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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242 -244 W 43rd Street

Multi-Family Home for sale in Los Angeles, CA

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