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

$750,000 Sold Price as of 03/12/2021
  • 5 Beds
  • 3 Baths
  • 2,624 Sq.Ft.
Sold
$750,000 Sold Price as of 03/12/2021 Refinance Your Mortgage
Map preview of 218 E 43rd St, Los Angeles, CA 90011

Property Overview: 218 E 43rd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,624 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I am pleased to present an excellent multifamily triplex income property nested in the heart of Los Angeles, the fastest-growing neighborhood. It is an excellent opportunity for your buyer to use and collect rent, or to re-develop a multi-family project in a well-established apartment market with good demographics that are getting stronger every day. The living square footage is 2,624, and it sits on a 5,402 square foot lot, featuring 4 bedrooms, 1 studio, and 3 bathrooms, built-in 1905, zoned LAR2, all attached units. The current triplex is located just minutes away from USC, Downtown Los Angeles, restaurants, transportation & entertainment that Los Angeles has to offer.

Listed by Elsa Guerra | BRE #01806505 | Champions Real Estate Group South Bay
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SB20196697
City
Los Angeles
County
Los Angeles
Time on Site
1217 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 218 E 43rd St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • See Remarks
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Ceiling Fan(s)
  • Window Features: Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Stucco Wall, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5113019008
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of E. Vernon Ave and West of South San Pedro Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 218 E 43rd St

Last sold for $750,000 on March 12th, 2021

  • March, 2021

  • Mar 13, 2021

    Date

    Sold

    CRMLS: SB20196697

    $750,000

    Price

  • Jan 16, 2021

    Date

    Pending

    CRMLS: SB20196697

    $750,000

    Price

  • Jan 11, 2021

    Date

    Price Change

    CRMLS: SB20196697

    $750,000

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: SB20196697

    $799,000

    Price

  • Oct 22, 2020

    Date

    Pending

    CRMLS: SB20196697

    $799,000

    Price

  • Sep 22, 2020

    Date

    Active

    CRMLS: SB20196697

    $799,000

    Price

  • November, 1996

  • Nov 15, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1996

  • Aug 14, 1996

    Date

    Sold (Public Records)

    Public Records

    $165,000

    Price

Show More

Tax History for 218 E 43rd St

Assessed Value (2020): $343,907
Year Land Value Improved Value Assessed Value
2020 $125,917 $217,990 $343,907

Home Value Compared to the Market

This property vs the competition

218 E 43rd St sold on March 12, 2021 for 36.97% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $285.82 per/sqft which puts the price per square foot 62.14% lower than the current median sale per square foot for the city of Los Angeles.

About 218 E 43rd St

Detailed summary of property

218 E 43rd St is a triplex that recently sold in Los Angeles, CA 90011. This triplex offered 5 bedrooms, 3 bathrooms, roughly 2,624 living square feet, and sits on an approximately 5,402 square foot lot. 218 E 43rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 36.97% lower than the current median priced home. Local homes that are currently for sale include 854 E 50th St, 907 E 50th St and 4918 Wadsworth Ave. While the average home in Los Angeles, CA is selling in 93 days, 218 E 43rd St has a days on market of 79 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 218 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 218 E 43rd St

Public county record property details
Beds
4
Baths
4
Year built
1905
Sq. Ft.
2,624
Lot Size
5,402
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
47
APN
5113-019-008

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
$659,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
39
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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