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239 W 43rd St
For Sale $899,000 ($214.66 per Sq Ft)
$899,000 ($214.66 per Sq Ft)
- 5 Units
- 4,188 Sq Ft
- 6,352 Sq Ft
- Unknown Cap Rate
Description
239 43rd St is the perfect opportunity for an investor to own near Downtown and USC. Offered at $225 per sq ft, this value-add opportunity has 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!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $899,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,188 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1911 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5111014020 |
| MLS # | 25571233 |
| Property ID | 294387669 |
| Lot Sqft | 6,352 |
| Zoning | LARD2 |
| Total Units | 5 |
| Days on Market | 173 |
| Original List Price | $945,000 |
| Date Updated | December 24, 2025 |
| Date Created | July 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,220 | $7,750 |
| Gross Income (Yr) | $ 71,600 |
| Operating Expenses | $ 24,300 |
| Net Income (Yr) | $ 47,300 |
| Cap Rate | 5.00% |
Listing Provided By
Alex Galuz an agent of . Lic #01291486
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Robert Crawford
REAL ESTATE AGENT