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866 W 43rd St

Los Angeles CA 90037

8
4
6
4058 sq. ft.
5666 sq. ft.
Other
Currently for sale - view listing

Overview

$200,000 PRICE REDUCTION!! 4.22% Cap Rate! This updated fourplex in Los Angeles presents an outstanding opportunity for anyone looking to own, and possibly occupy, a property with great potential. This 2-story building has all units front facing with 2 units upstairs and 2 downstairs. Each unit is the same spacious, over 1,000 sq ft, one-level layout with 2 bedrooms and 1 bathroom. 3 of the units are occupied and one will be delivered vacant. The vacant unit has an upgraded kitchen and bathroom. The units are individually metered for gas and electricity, which keeps expenses to a minimum. Each unit has their own washer/dryer hookups. Lower rent than the current market value with room for rental increase. Property is conveniently located 1/2 mile to the Coliseum, Exposition Park, and Metro Line and 1 mile to USC making it highly desirable for USC students. In addition to rents, tenants pay $50/mo per parking space and the building has 6 spaces available with one space available. This low-maintenance property is well-positioned to be a competitively sought-after investment with huge potential with student housing. It is also perfect for the owner to occupy the vacant unit.

Features

8 bedrooms
4 bathrooms
6 carspaces
4058 sq. ft. floor area
5666 sq. ft. lot size
Other

Property history for 866 W 43rd St

2018
Sold
$730,000
27 Apr 2018 by Michael Johnson, of REALTY EXECUTIVES ALL CITIES

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 1 eight-bedroom other similar to 866 W 43rd St, have been sold.

This represents a 75% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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(619) 566-0008
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