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223 E 43Rd St Los Angeles, CA 90011

$699,000
  • 6 Beds
  • 3 Baths
  • 2,368 Sq.Ft.
Pending
$699,000 Get Pre-Qualified
Map preview of 223 E 43Rd St, Los Angeles, CA 90011

Property Overview: 223 E 43Rd St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,368 living square feet and 5,402 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great TRIPLEX investment property. This property consists of 3 spacious units totaling over 2368 sqft. of living space on a 5401 sqft in a great condition. Each unit is 2 Bedrooms and 1 Bathroom with its own separate entrance. Each unit contains a generous sized kitchen, living room, and full restroom. Property has a lot of potential and is zoned LAR2, close proximity to USC, Exposition Park, Freeway I-110 and I-10 Access and Downtown L. A.

Listed by Jonathan Minerick | BRE #01523060 | Homecoin.com
Last checked: 12 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 56
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Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Triplex
Status
Pending
MLS#
TR24042246
City
Los Angeles
County
Los Angeles
Time on Site
57 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # 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
  • Actual Rent: $595
  • Total Rent: $595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,508
  • Total Rent: $1,508
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,000
  • Net Operating Income: $37,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,200
  • Trash: $0
  • Insurance: $1,500
  • Maintenance: $6,000
  • Water/Sewer: $5,000
  • Other Expenses: $300

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Property Details for 223 E 43Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5113020015
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Via Main St turn right to San pedro Pl then right on the E 43rd St
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 223 E 43Rd St

Last sold for $347,000 on June 23rd, 2015

  • April, 2024

  • Apr 26, 2024

    Date

    Pending

    CRMLS: TR24042246

    $699,000

    Price

  • Mar 1, 2024

    Date

    Active

    CRMLS: TR24042246

    $725,000

    Price

  • June, 2015

  • Jun 23, 2015

    Date

    Sold (Public Records)

    Public Records

    $347,000

    Price

  • December, 2014

  • Dec 24, 2014

    Date

    Price Change

    CRMLS: MB13190353

    $380,000

    Price

  • Sep 18, 2013

    Date

    Price Change

    CRMLS: MB13190353

    $369,000

    Price

  • Listing provided courtesy of CRMLS

    WELL KEPT PROPERTY IN A GOOD AREA, THE UNITS PASS CITY INSPECTION LESS THAN A YEAR AGO, BUYER AND AGENT TO PERFORM DUE DILIGENCE, CLOSE TO MAJOR STREETS AND EASY ACCESS TO FREEWAYS.

  • November, 2009

  • Nov 4, 2009

    Date

    Sold

    CRMLS: M09079668

    $245,000

    Price

  • Jul 21, 2009

    Date

    Active

    CRMLS: M09079668

    $244,900

    Price

  • Listing provided courtesy of CRMLS

    **BANK OWNED FORECLOSURE** THIS IS A GOOD DEAL - Features almost 2,400 sq ft., this large multi-family dwelling has real investment potential. 3 units - 2 Bedrooms 1 bath each. Property Sold "As Is", some upgrades completed. Sold for $550,000 in 2006. Property has a lot of potential. In REAP with some issues. Subject to seller doing REAP repairs. In close proximity to Exposition Park, Convention Center, USC, Staple Center, the new Nokia Theatre - shopping, stores, theatres, dining, recreation and schools... **BANK OWNED FORECLOSURE**

  • November, 2009

  • Nov 2, 2009

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

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Tax History for 223 E 43Rd St

Assessed Value (2020): $381,326
Year Land Value Improved Value Assessed Value
2020 $172,530 $208,796 $381,326

Home Value Compared to the Market

This property vs the competition

223 E 43Rd St is listed 43.45% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $295.19 per/sqft which puts the price per square foot 61.81% lower than the median price per square foot for the city of Los Angeles.

About 223 E 43Rd St

Detailed summary of property

223 E 43Rd St is a triplex located in Los Angeles, CA 90011 and is currently in escrow to be sold. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,368 living square feet, and sits on an approximately 5,402 square foot lot. 223 E 43Rd St was first listed on ArdentRealEstateGroup.com on March 1, 2024. The homeowner is currently asking $699,000 and was originally asking $725,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 43.45% lower than the median priced home. Local competing homes currently for sale include 5116 Towne Ave, 876 E 41st Pl and 854 E 50th St. While the average home in Los Angeles, CA is selling in 96 days, 223 E 43Rd St has a days on market of 56 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 223 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 223 E 43Rd St

Public county record property details
Beds
6
Baths
3
Year built
1920
Sq. Ft.
2,368
Lot Size
5,400
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
5113-020-015

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
$620,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
41
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (0%)

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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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