Property Detail

821 43rd

Los Angeles CA 90037

$1,139,000

Status: Active

Property Details

Description

Welcome to 821 W 43rd Place, a prime investment opportunity located in the heart of Los Angeles, just a stone's throw from USC and Exposition Park. This well-maintained 4-unit building offers the perfect mix of potential and convenience, with three units currently vacant and ready for new tenants. The property features a mix of spacious (2) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units, catering to a wide range of renters. Recent upgrades include brand-new water heaters, a fully renovated roof, upgraded sewer line, energy-efficient windows, smooth stucco exterior, and newer cooling systems. These improvements not only enhance the building’s aesthetic appeal but also ensure a low-maintenance investment for years to come. With these updates, this turnkey property is poised to command top-dollar rents, making it an excellent choice for an investor seeking immediate returns. Located within one mile of USC, Exposition Park, and upcoming events like the FIFA 2025 World Cup, the location offers the added bonus of high-demand rental potential for both long-term tenants and short-term stays during special events. Potential development opportunity with additional space in back for extra units, buyer to verify. This is your chance to acquire a well-positioned, fully-upgraded property in one of LA’s most vibrant and growing neighborhoods.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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