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$1,450,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26085259
HOA Y/N No
Year Built 1925
Lot Size 0.310 Acres
Property Sub-Type Apartment
Property Description
886-894 E 43rd Pl offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of 2 separate buildings on 2 adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.The utilities for both buildings
are separately metered. There is surface parking located including car port parking in the rear for two cars. All units are subject to LA city rent control.
are separately metered. There is surface parking located including car port parking in the rear for two cars. All units are subject to LA city rent control.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Curbs, Suburban, Sidewalks, Urban
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5115013007
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737
NEARBY SCHOOL & BUSINESS
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