722 W 43Rd St Los Angeles, CA 90037

$810,000 Sold Price as of 10/17/2017

6 Beds
6 Baths
3,634 Sq.Ft.

Off Market

$810,000 Sold Price as of 10/17/2017 Refinance Your Mortgage

Map preview of 722 W 43Rd St, Los Angeles, CA 90037

Property Overview: 722 W 43Rd St Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,634 living square feet and 4,802 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

722 W 43Rd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 722 W 43Rd St

Last sold for $810,000 on October 17th, 2017

October, 2017
Oct 19, 2017

Date

Sold

CRMLS: 17225166

$810,000

Price
Jun 7, 2017

Date

Pending

CRMLS: 17225166

$800,000

Price
May 4, 2017

Date

Active

CRMLS: 17225166

$800,000

Price
Apr 29, 2017

Date

Pending

CRMLS: 17225166

$800,000

Price
Apr 27, 2017

Date

Active

CRMLS: 17225166

$800,000

Price
Listing provided courtesy of CRMLS

This charming 6 unit building is located in a dynamic South LA neighborhood with appreciating rents. Only 7 blocks from The Coliseum, savvy investors recognize this as a desirable and rapidly changing gateway submarket to Downtown Los Angeles. 722 W 43rd St consists of three separate buildings, each containing two units of 1 bedroom, 1 bathroom. With opportunity for two units to turnover and renovation, informed investors should yield potentially far higher rents. Recent rent comps suggest $1,200 or more is achievable. In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price. Buyer's to rely on their own due diligence to confirm rental comps, permitting, value, etc.

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October, 2017
Oct 17, 2017

Date

Sold (Public Records)

Public Records

$810,000

Price
January, 2013
Jan 29, 2013

Date

Sold (Public Records)

Public Records

--

Price
October, 2008
Oct 23, 2008

Date

Sold

CRMLS: 12115787

$340,000

Price
Sep 11, 2008

Date

Active

CRMLS: 12115787

$389,000

Price
Listing provided courtesy of CRMLS

INVESTORS WITH REAP EXPERIENCE ONLY!!! Here is an excellent opportunity for an investor with money, experience, guts and the know how to deal with REAP to make an excellent profit. 6-units in the area making $3,915/mo. No Parking. See attached rent roll and city NTC. For those who understand REAP and how it works, there is a bonus!! Over $19,000 in the trust account jsut waiting for you. Must close in 10-days. $200,00 WORTH OF FINANCING AVAILABLE, JUST ASK ME. Respectfully, with regards to this particular offering, only professional investors with experience and know how.

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Tax History for 722 W 43Rd St

Assessed Value (2020): $842,724

Year	Land Value	Improved Value	Assessed Value
2020	$572,220	$270,504	$842,724

About 722 W 43Rd St

Detailed summary of property

722 W 43Rd St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90037 and last sold on October 17, 2017 for $810,000. This property has 6 bedrooms, 6 bathrooms, roughly 3,634 living square feet, and sits on an approximately 4,802 square foot lot. Homes 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 27.68% lower than the current median priced home. 722 W 43Rd St was last sold on October 17, 2017 for $810,000. Local nearby listings include 804 W 55th St, 1209 W 51st Pl and 1233 W 51st Pl. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 722 W 43Rd St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 722 W 43Rd St

Public county record property details

Beds: 6
Baths: 6
Year built: 1929
Sq. Ft.: 3,634
Lot Size: 4,802
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 119
APN: 5019-012-029

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$694,900

Median List Price/Sq.Ft.

$546

Median Sold Price

$626,228

Median Sold Price/Sq.Ft.

$437

Total Inventory

Median Sale to List Price %

125.5%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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