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1220 E 43rd St, Los Angeles, CA 90011
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1220 E 43rd St Los Angeles, CA 90011

$920,000 Sold Price as of 06/25/2021
  • 7 Beds
  • 5 Baths
  • 4,940 Sq.Ft.
Sold
$920,000 Sold Price as of 06/25/2021 Refinance Your Mortgage
Map preview of 1220 E 43rd St, Los Angeles, CA 90011

Property Overview: 1220 E 43rd St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 4,940 living square feet and 6,037 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this five unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 units and one 3+1 SFR unit. The investment consists of approximately 4,940 of rentable square feet and is situated on an approximately 6,037 square foot parcel. Recent property upgrades include two units recently being remodeled, updated aluminum windows throughout, new exterior paint, and new exterior building and unit numbers. The building amenities include a secured entry with a wrought iron gate and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

Listed by Ian Hollinger | BRE #01889125 | BRC Advisors- BH
Co-listed by Griffin White | BRE #02031785 | BRC Advisors- BH
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,037
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21699236
City
Los Angeles
County
Los Angeles
Time on Site
1219 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1220 E 43rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 5115032028
Location / Neighborhood
Location Information
  • Directions: The subject property is located in the City of Los Angeles. The property is located south of Martin Luther King Jr. Boulevard, north of Vernon Avenue, west of Hooper Avenue, and east of Central Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 1220 E 43rd St

Last sold for $920,000 on June 25th, 2021

  • June, 2021

  • Jun 28, 2021

    Date

    Sold

    CRMLS: 21699236

    $920,000

    Price

  • Mar 15, 2021

    Date

    Active Under Contract

    CRMLS: 21699236

    $975,000

    Price

  • Mar 1, 2021

    Date

    Active

    CRMLS: 21699236

    $975,000

    Price

  • December, 2018

  • Dec 7, 2018

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

Show More

Tax History for 1220 E 43rd St

Assessed Value (2020): $775,200
Year Land Value Improved Value Assessed Value
2020 $428,400 $346,800 $775,200

Home Value Compared to the Market

This property vs the competition

1220 E 43rd St sold on June 25, 2021 for 23.47% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $197.37 per/sqft which puts the price per square foot 75.05% lower than the current median sale per square foot for the city of Los Angeles.

About 1220 E 43rd St

Detailed summary of property

1220 E 43rd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 4,940 living square feet, and sits on an approximately 6,037 square foot lot. 1220 E 43rd St was first listed on ArdentRealEstateGroup.com on March 1, 2021. The homeowner sold the property for $920,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.47% lower than the current median priced home. Local homes that are currently for sale include 1623 E 33rd St, 1541 E 51st St and 4355 S Avalon Blvd. While the average home in Los Angeles, CA is selling in 100 days, 1220 E 43rd St has a days on market of 11 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1220 E 43rd St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1220 E 43rd St

Public county record property details
Beds
7
Baths
5
Year built
1912
Sq. Ft.
4,940
Lot Size
6,037
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5115-032-028

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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