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!
Property Details
Price:
$3,075,000
MLS #:
MB25072810
Status:
Active
Baths:
0
Address:
1037 W 43rd Street
Type:
Residential Income
Subtype:
Townhouse
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Apr 3, 2025
State:
CA
ZIP:
90037
Lot Size:
6,320 sqft / 0.15 acres (approx)
Year Built:
2024
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Schools
Interior
Appliances
Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Interior Features
Balcony, Living Room Balcony, Quartz Counters, Recessed Lighting
Window Features
Blinds
Exterior
Community Features
Sidewalks, Street Lights
Fencing
Wood, Wrought Iron
Foundation Details
Raised
Garage Spaces
3.00
Lot Features
Lot 6500-9999, Yard
Parking Features
Assigned
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
Neighborhood
Water Source
Private
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Map
Community
- Address1037 W 43rd Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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1037 W 43rd Street
Los Angeles, CA
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