239 W 43rd St - Apartments FOR SALE


Los Angeles, CA 90037- Vernon-Main
$945,000 USD
310-466-0888
239 W 43rd St, Los Angeles, CA for Sale
$945,000 USD
Apartments - FOR SALE
1/42
null | 5% Cap Rate

239 W 43rd St
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • Large units - possible to convert to 2 bedrooms
  • $225 per sq ft
  • Central LA loction
  • 30 % rental upside

OVERVIEW

239 43rd St is the perfect opportunity for an investor to own near Downtown and USC. Offered at $225 a sq ft, this value-add opportunity has at least 30% upside in gross monthly income. The subject property boasts amazing floor plans. The front building has four huge 1 bedroom units averaging over 900 sq ft, each with a dining room, living room, kitchen, den and bathroom. The two upper units have their own private balconies. The rear building is a very private 500 sq ft 1-bedroom/1-bath bungalow with its own yard, living room, and kitchen. At such a low price per sq ft, this is the perfect investment to own near USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art s District, the Reef, Banc of California Stadium, LA Live, as well as billions of dollars worth of developments currently in the works!

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

5

PRICE/UNIT

$189,000

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,292 SF

ZONING

RD2

APN/PARCEL ID

5111-014-020

ASK ABOUT THIS PROPERTY

Alex GaluzKW CommercialMore Info
310-466-0888

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Alex GaluzKW CommercialMore Info
310-466-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.