838 E 43rd Street is an 8-unit value-add multifamily investment located in a core South Los Angeles rental submarket. The property was built in 1914 and consists of a well-diversified unit mix of two 2-bedroom units, five 1-bedroom units, and one studio, totaling approximately 5,686 square feet on a 7,808 square foot lot. The asset is subject to rent control. The property offers immediate income growth through a combination of deeply under-market rents and one vacant unit, allowing a new owner to begin capturing upside from day one through lease-up and natural turnover. In-place rents average approximately $1,267 per unit compared to projected market rents of roughly $2,020 per unit, representing meaningful rent-to-market gaps across the unit mix. This offering represents an opportunity to acquire a small-scale multifamily asset with clear value-add execution, strong yield expansion, and downside protection through a below-market basis.