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461 E 43Rd St, Los Angeles, CA 90011
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461 E 43Rd St Los Angeles, CA 90011

$1,105,000 Sold Price as of 06/09/2023
  • 9 Beds
  • 5 Baths
  • 4,046 Sq.Ft.
Sold
$1,105,000 Sold Price as of 06/09/2023 Refinance Your Mortgage
Map preview of 461 E 43Rd St, Los Angeles, CA 90011

Property Overview: 461 E 43Rd St Los Angeles, CA has 9 bedrooms, 5 bathrooms, 4,046 living square feet and 5,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present this great investment opportunity or owner occupied 4 unit building in the heart of L.A. This property is a true gem. The front unit is a 3-bedroom 2 bath offers a well-designed floor plan concept welcoming with flow-through living/dining area and generous living spaces. Enjoy this thoughtfully designed kitchen that has been recently updated. The spacious main suite comes complete with a recently updated bathroom and a wardrobe closet. Further strengthening the attractiveness of the unit are well-maintained hardwood floors in throughout. The other three units are all spacious 2-bedroom 1 bath with great floor plans. Are you looking for city living at its finest? Access to local attractions is easy thanks to freeways and public transportation close by. Property is minutes away from LA Coliseum, USC, DTLA and LA Live. A rare opportunity. Schedule your private tour today.

Listed by Dorcel Hoodye | BRE #01381776 | Onyx Realty & Finc. Serv., Inc
Last checked: 15 minutes ago | Last updated: June 10th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,120
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW23074928
City
Los Angeles
County
Los Angeles
Time on Site
395 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # 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: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,900
  • Net Operating Income: $104,106
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,884
  • Electric: $660
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $600
  • Insurance: $0
  • Water/Sewer: $2,676

Property Details for 461 E 43Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5113011004
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Vernon, South of MLK, West of Avalon, East of San Pedro
Neighborhood Information
  • Community Features: Park, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 461 E 43Rd St

Last sold for $1,105,000 on June 9th, 2023

  • June, 2023

  • Jun 9, 2023

    Date

    Sold

    CRMLS: PW23074928

    $1,105,000

    Price

  • May 2, 2023

    Date

    Active

    CRMLS: PW23074928

    $1,150,000

    Price

Tax History for 461 E 43Rd St

Assessed Value (2020): $93,202
Year Land Value Improved Value Assessed Value
2020 $15,661 $77,541 $93,202

Home Value Compared to the Market

This property vs the competition

461 E 43Rd St sold on June 9, 2023 for 9.73% 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 $284.23 per/sqft which puts the price per square foot 64.07% lower than the current median sale per square foot for the city of Los Angeles.

About 461 E 43Rd St

Detailed summary of property

461 E 43Rd St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 9 bedrooms, 5 bathrooms, roughly 4,046 living square feet, and sits on an approximately 5,120 square foot lot. 461 E 43Rd St was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $1,105,000. 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 9.73% lower than the current median priced home. Local homes that are currently for sale include 510 E 23rd St, 2928 Compton Ave and 1537 E 33rd St. While the average home in Los Angeles, CA is selling in 100 days, 461 E 43Rd St has a days on market of 10 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 461 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 461 E 43Rd St

Public county record property details
Beds
8
Baths
5
Year built
1965
Sq. Ft.
4,046
Lot Size
5,120
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
138
APN
5113-011-004

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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