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612 E 43rd Street

Los Angeles (City), CA 90011
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 9 Days
  • MLS #: SB23033735
Under Contract
$725,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C42 - Downtown L.A.
Type:
Multi-Family
Built:
1912
County:
Los Angeles
Area:
C42 - Downtown L.A.

School Ratings & Info

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Listing Agent(s): David Caskey of Exp Realty Of California Inc (310-374-1800) and Dean Alessi of Exp Realty Of California Inc(888-584-9427)


Description

Opportunity to own a Duplex in Downtown LA. This C2-Commercially zoned lot is positioned within 10 minutes of University of Southern California campus and is also a short drive to other LA attractions like So-Fi stadium, LAFC-HQ and more. The 5,760 sqft lot consists of (1) front 3/1, (1) upper 1/1 and (1) rear 2/1 unit for a total of 2,469 sqft of living space and driveway with a total of 6 car parking available. Overall, this property presents an incredible opportunity for investors and developers alike. Act quickly before the potential in this property becomes someone elses gain.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/137682688
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612 E 43rd Street Los Angeles (City), CA 90011

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 9 Days
  • MLS #: SB23033735
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1912
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Opportunity to own a Duplex in Downtown LA. This C2-Commercially zoned lot is positioned within 10 minutes of University of Southern California campus and is also a short drive to other LA attractions like So-Fi stadium, LAFC-HQ and more. The 5,760 sqft lot consists of (1) front 3/1, (1) upper 1/1 and (1) rear 2/1 unit for a total of 2,469 sqft of living space and driveway with a total of 6 car parking available. Overall, this property presents an incredible opportunity for investors and developers alike. Act quickly before the potential in this property becomes someone elses gain.
Exterior Features

Foundation Details Raised Lot Features Front YardLevel Number Of Separate Electric Meters 3 Open Parking Spaces 6 Parking Features Driveway Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenGas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling None Cooling YN No Heating None Heating YN No Interior Features Bedroom On Main Level

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.28 Common Interest None Community Features CurbsGutter(S)Sidewalks Contingency Private Remarks: Agent Does Not Guarantee Accuracy Of Square FootageLot SizeZoningRent ControlPermitsUse CodeSchools And/Or Other information Concerning The Conditions Or Features Of The Property Provided By The Seller Or Obtained From Public Records Or Other Sources. Buyer is Advised To independently Verify The Accuracy Of All information Through Personal inspection And With Appropriate Professionals. . Property To Be Sold in "As-Is" Condition. Sale Subject To 1031 Exchange. Electric Expense 1050 Fuel Expense 0 Garage YN No Gross Income 36564 Gross Scheduled Income 36564 Insurance Expense 1100 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To Existing LoanCash To New Loan1031 Exchange Net Operating Income 31064 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 8500 Property Sub Type Duplex Rent Control YN Yes Security Features Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3047 Trash Expense 0 Water Sewer Expense 1700 Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): David Caskey of Exp Realty Of California Inc (310-374-1800) and Dean Alessi of Exp Realty Of California Inc(888-584-9427)