1037 W 43rd Street Los Angeles, CA 90037
Listing Courtesy of: CRMLS / Century 21 Realty Masters / Xio Sandoval - Contact:  323-253-5456

  1037 W 43rd Street Los Angeles, CA 90037

Active (157 Days)
$3,075,000

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!

MLS #:
MB25072810
Lot Size
6,320 SQFT
Type
Multifamily
Year Built
2024
Style
Contemporary
Views
Neighborhood
County
Los Angeles County

Listed By

Xio Sandoval, DRE #01308913 CA, Century 21 Realty Masters, Contact: 323-253-5456
Source
CRMLS
Last checked Apr 4 2025 at 5:46 PM GMT+0000
Bathroom Details
Interior Features
  • Windows: Blinds
  • Tankless Water Heater
  • Refrigerator
  • Range Hood
  • Microwave
  • Ice Maker
  • Gas Water Heater
  • Gas Range
  • Gas Cooktop
  • Disposal
  • Dishwasher
  • Laundry: Inside
  • Recessed Lighting
  • Quartz Counters
  • Main Level Primary
  • Balcony
Lot Information
  • Yard
Property Features
  • Foundation: Raised
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Laminate
Utility Information
  • Utilities: Water Source: Private
  • Sewer: Public Sewer
Parking
  • Assigned
Additional Information: Realty Masters | 323-253-5456
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.