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1162 E 43rd Place

1162 E 43rd Place Los Angeles, CA 90011

Multi-Family (2-4 Units) MLS #: PW24235975 Courtesy Of Bell Realty Group

$1,475,000

12 beds | 6 baths | 5,729 sq ft
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Estimated monthly payments: $6,448/mo.* (recalculate)
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Property InformationDescription

Great cash flow property with huge upside too. 7.4% cash on cash return with current rents. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. 6.8% Cap Rate on current rents. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: None

MAP & DIRECTIONS

MAP & DIRECTIONS

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1162 E 43rd Place, Los Angeles, CA 90011
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School Information

1162 E 43rd Place, Los Angeles, CA 90011

Elementary School
Grades KG-5 | Public School
SALLY RIDE ELEMENTARY SCHOOL
Los Angeles, CA 90011
1041 E 46th St
323.­235.7117
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
469
Middle School
Grades 6-8 | Public School
GEORGE WASHINGTON CARVER MIDDLE SCHOOL
Los Angeles, CA 90011
4410 McKinley Ave
323.­846.2900
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
22:1
Total Students
710
High School
Grades 9-12 | Public School
NAVA COLLEGE PREPARATORY ACADEMY
Los Angeles, CA 90011
1319 E 41st St
323.­235.6800
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
22:1
Total Students
645
High School
Grades 9-12 | Public School
THOMAS JEFFERSON HIGH SCHOOL
Los Angeles, CA 90011
1319 E 41st St
323.­521.1200
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
720
High School
Grades 9-12 | Public School
MAYA ANGELOU COMMUNITY HIGH SCHOOL
Los Angeles, CA 90011
300 E 53rd St
323.­846.4600
Distance: 1.0 mi
School Rating
D-
Student:Teacher Ratio
21:1
Total Students
1044
High School
Grades 9-12 | Public School
SANTEE EDUCATION COMPLEX
Los Angeles, CA 90011
1921 Maple Ave
213.­763.1000
Distance: 1.8 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1762
Other Nearby Schools Distance Type Grades School Rating
Los Angeles Christian Academy 0.3 mi Private 1-12
Harmony Elementary School 0.3 mi Public PK-5 D
Ascot Avenue Elementary School 0.4 mi Public KG-5 B
Wadsworth Elementary School 0.4 mi Public KG-5 D+
Center For Advanced Learning 0.4 mi Public KG-5 C-
Hooper Elementary School 0.6 mi Public 1-5 D-
Matrix For Success Academy 0.6 mi Public 9-12
49th Street Elementary School 0.6 mi Public KG-5 D+
Hooper Avenue Primary Center 0.6 mi Public KG
Aurora Elementary School 0.7 mi Public KG-5 C+
St Odilia School 0.7 mi Private KG-8
Quincy Jones Elementary 0.7 mi Public KG-5 D
Synergy Charter Academy 0.7 mi Public KG-5 B
Nevin Avenue Elementary School 0.7 mi Public KG-5 C-
Dr. Julian Nava Learning Academy - School Of Business & Tech 0.8 mi Public 6-8 C
Synergy Kinetic Academy 0.8 mi Public 6-8 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90011

Median Age: 32.1
Married: 43%
Number of Households: 21,979
Households with Children: 55.6%
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    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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