2900 W 43Rd Pl, Los Angeles, CA 90008
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2900 W 43Rd Pl Los Angeles, CA 90008

$1,140,000 Sold Price as of 03/26/2020
  • 6 Beds
  • 4 Baths
  • 2,796 Sq.Ft.
Sold
$1,140,000 Sold Price as of 03/26/2020 Refinance Your Mortgage

Map preview of 2900 W 43Rd Pl, Los Angeles, CA 90008

Property Overview: 2900 W 43Rd Pl Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,796 living square feet and 4,419 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Leo B. Elliot Duplex,1928. This poignant yet nostalgic multi-unit stands alone with it's defining exterior top to bottom revival turret. The vacant lower 2-bedroom 2-bathroom unit remains intact, boasting a romantic step down living room with original stained glass living room window. Additional original architectural details consist of beautiful plaster arches, restored bathroom and hardwood floors. Modern upgrades include a brand new kitchen with new plumbing and electrical, newer appliances, tankless water heater and in-unit laundry. The master bedroom features a bonus room / office and french doors that lead to a spacious backyard and sitting area. A sweeping spiral staircase ascends to a large 2br/1ba unit with private balcony that is tenant occupied (month-to-month) with an attractive market rate rent of $2465/mo. No other duplex in LA currently offers such a unique combination of value, architecture, space and income. Building just passed RSO inspection Jan 2020.

Listed by Benjamin Kahle | BRE #01951554 | Compass
Co-listed by Zachary Mayer | BRE #02075496 | Podley Properties
Last checked: 16 minutes ago | Last updated: November 16th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
4,419
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20553698
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,460
  • Total Rent: $2,460
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.54
  • Gross Scheduled Income: --
  • Net Operating Income: $59,520
  • Gross Operating Income: $56,760
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2900 W 43Rd Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Stackable
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5023016017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Vernon to 11th to 43rd
View more facts & features

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Sale History for 2900 W 43Rd Pl

Last sold for $1,140,000 on March 26th, 2020
  • March, 2020

  • Mar 26, 2020

    Date

    Sold

    CRMLS: 20553698

    $1,140,000

    Price

  • Feb 26, 2020

    Date

    Pending

    CRMLS: 20553698

    $939,000

    Price

  • Feb 13, 2020

    Date

    Active

    CRMLS: 20553698

    $939,000

    Price

  • March, 2020

  • Mar 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,140,000

    Price

  • February, 2015

  • Feb 9, 2015

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

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Tax History for 2900 W 43Rd Pl

Assessed Value (2020): $637,381
Year Land Value Improved Value Assessed Value
2020 $382,429 $254,952 $637,381

Home Value Compared to the Market

This property vs the competition

2900 W 43Rd Pl sold on March 26, 2020 for 16.16% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $335.84 per/sqft which puts the price per square foot 53.61% lower than the current median sale per square foot for the city of Los Angeles.

About 2900 W 43Rd Pl

Detailed summary of property

2900 W 43Rd Pl is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,796 living square feet, and sits on an approximately 4,419 square foot lot. 2900 W 43Rd Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,140,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.16% lower than the current median priced home. Local homes that are currently for sale include 5162 Ruthelen St, 5758 11th Ave and 3023-3025 Obama Blvd. While the average home in Los Angeles, CA is selling in 106 days, 2900 W 43Rd Pl has a days on market of 12 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2900 W 43Rd Pl Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2900 W 43Rd Pl

Public county record property details
Beds
6
Baths
2
Year built
1928
Sq. Ft.
2,796
Lot Size
4,419
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
495
APN
5023-016-017

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$667
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
51
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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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.