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760 E 43rd Pl, Los Angeles, CA 90011
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760 E 43rd Pl Los Angeles, CA 90011

$668,000 Sold Price as of 09/02/2020
  • 8 Beds
  • 4 Baths
  • 2,240 Sq.Ft.
Sold
$668,000 Sold Price as of 09/02/2020 Refinance Your Mortgage
Map preview of 760 E 43rd Pl, Los Angeles, CA 90011

Property Overview: 760 E 43rd Pl Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,240 living square feet and 5,105 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Irresistible Investment Potential in South Central Los Angeles! This 2008 completely rehabbed Duplex consisted with a total of 2,240 sqft. This two standalone buildings package has one vacancy, which can be owner occupy or rent it out at current market rent! Rare to find in Los Angeles, this two standalone unit arrangement also offers potential rental upside as units turnover. Built with a stucco exterior and Spanish style, the front building features 4BR/2BA, durable tile flooring, and a fully fenced-in front yard with wrought iron detailing. All bedrooms are adequately sized with dedicated closets. The back building has the same floorpan as the front unit and features 4BR/2BA as well. Conveniently included on the property is fenced 4 car carport parkings, one for each apartment unit; each unit has its own laundry hook up and water heaters. Individual units are separately metered for gas and electricity. Within close proximity to hospitals, schools, shopping, restaurants and Freeway. Perfect for living in one unit and rent out another one. With so much to offer a shrewd investor and so many desirable traits for tenants, this is a win-win in business.

Listed by Stephen Eng | BRE #01946974 | RE/MAX of Cerritos
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
5,105
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
RS20129566
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,751
  • Total Rent: $1,751
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.43%
  • Gross Rent Multiplier: 10.9
  • Gross Scheduled Income: $54,792
  • Net Operating Income: $44,416
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,376
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,176
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $2,000

Property Details for 760 E 43rd Pl

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Washer Hookup
Room Information
  • Flooring: Tile, Wood
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, Lawn, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5115012006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S. Avalon Blvd & E. 43rd Pl
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 760 E 43rd Pl

Last sold for $668,000 on September 2nd, 2020

  • September, 2021

  • Sep 15, 2021

    Date

    Expired

    CRMLS: 20632508

    $2,905

    Price

  • Dec 14, 2020

    Date

    Withdrawn

    CRMLS: 20632508

    $2,905

    Price

  • Sep 14, 2020

    Date

    Active

    CRMLS: 20632508

    $2,905

    Price

  • Listing provided courtesy of CRMLS

    SECTION 8 WELCOME!!!

  • September, 2020

  • Sep 2, 2020

    Date

    Sold

    CRMLS: RS20129566

    $668,000

    Price

  • Sep 1, 2020

    Date

    Pending

    CRMLS: RS20129566

    $598,000

    Price

  • Jul 17, 2020

    Date

    Active Under Contract

    CRMLS: RS20129566

    $598,000

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: RS20129566

    $598,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $668,000

    Price

  • January, 2020

  • Jan 21, 2020

    Date

    Price Change

    CRMLS: C07048064

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Great Oppourtunity to invest in units good area. Units are located in center of block and boasts of alley entry parking. Great family feeling to each unit.

  • February, 2015

  • Feb 26, 2015

    Date

    Sold (Public Records)

    Public Records

    $470,000

    Price

Show More

Tax History for 760 E 43rd Pl

Assessed Value (2020): $516,497
Year Land Value Improved Value Assessed Value
2020 $241,765 $274,732 $516,497

Home Value Compared to the Market

This property vs the competition

760 E 43rd Pl sold on September 2, 2020 for 49.75% 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 $266.96 per/sqft which puts the price per square foot 64.64% lower than the current median sale per square foot for the city of Los Angeles.

About 760 E 43rd Pl

Detailed summary of property

760 E 43rd Pl is a single family home that recently sold in Los Angeles, CA 90011. This house offered 8 bedrooms, 4 bathrooms, roughly 2,240 living square feet, and sits on an approximately 5,105 square foot lot. 760 E 43rd Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $668,000. 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 49.75% lower than the current median priced home. Local homes that are currently for sale include 432 W 51St St, 618 E 21st St and 526 W 49th St. While the average home in Los Angeles, CA is selling in 96 days, 760 E 43rd Pl has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 760 E 43rd Pl 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 760 E 43rd Pl

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
2,012
Lot Size
5,105
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5115-012-006

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.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
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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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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