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863 W 43Rd Pl, Los Angeles, CA 90037
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863 W 43Rd Pl Los Angeles, CA 90037

$612,500 Sold Price as of 05/10/2021
  • 6 Beds
  • 3 Baths
  • 1,971 Sq.Ft.
Sold
$612,500 Sold Price as of 05/10/2021 Refinance Your Mortgage
Map preview of 863 W 43Rd Pl, Los Angeles, CA 90037

Property Overview: 863 W 43Rd Pl Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,971 living square feet and 3,788 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a perfect property for an owner user or investor. This is an ideal Triplex with each unit having 2 bedrooms and one bath. There are two separate buildings. One with 2 units (863 & 865 W 43RD Pl) and the third unit ( 867 W 43rd Pl) being in a separate building with no common walls. Unit 867 is vacant, perfect for an owner-user to live in and collect rents from the other units, or ready to rent out to compliment income as an investment. Located a block away from a shopping center with stores, a market, and laundromat. With interest rates so low, now is the time to acquire this prime investment. Occupied units only shown with an accepted offer. No entry without a Corona Virus document ( PEAD) signed by all and sent to listing agent!

Listed by Robert Leighton | BRE #00924322 | Rodeo Realty Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
3,788
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20668524
City
Los Angeles
County
Los Angeles
Time on Site
1262 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $1,140
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,370
  • Total Rent: $1,370
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.8
  • Gross Scheduled Income: $45,000
  • Net Operating Income: $42,747
  • Gross Operating Income: $45,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 863 W 43Rd Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Range, Oven
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5019007032
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: DRIVE SOUTH ON VERMONT FROM MLK BL THEN TURN LEFT ONTO W 43RD PLACE
View more facts & features

Local Los Angeles Agent

Sale History for 863 W 43Rd Pl

Last sold for $612,500 on May 10th, 2021

  • May, 2021

  • May 12, 2021

    Date

    Sold

    CRMLS: 20668524

    $612,500

    Price

  • Feb 4, 2021

    Date

    Pending

    CRMLS: 20668524

    $669,000

    Price

  • Dec 8, 2020

    Date

    Active

    CRMLS: 20668524

    $669,000

    Price

  • February, 2005

  • Feb 9, 2005

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

  • September, 2003

  • Sep 15, 2003

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

Show More

Tax History for 863 W 43Rd Pl

Assessed Value (2020): $484,319
Year Land Value Improved Value Assessed Value
2020 $254,904 $229,415 $484,319

Home Value Compared to the Market

This property vs the competition

863 W 43Rd Pl sold on May 10, 2021 for 47.49% 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 $339.42 per/sqft which puts the price per square foot 57.09% lower than the current median sale per square foot for the city of Los Angeles.

About 863 W 43Rd Pl

Detailed summary of property

863 W 43Rd Pl is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,971 living square feet, and sits on an approximately 3,788 square foot lot. 863 W 43Rd Pl was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $612,500. 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 47.49% lower than the current median priced home. Local homes that are currently for sale include 1977 W 48th St, 854 E 50th St and 507 E 59th Pl. While the average home in Los Angeles, CA is selling in 100 days, 863 W 43Rd Pl has a days on market of 57 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 863 W 43Rd Pl 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 863 W 43Rd Pl

Public county record property details
Beds
3
Baths
3
Year built
1913
Sq. Ft.
1,816
Lot Size
3,788
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
90
APN
5019-007-032

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
$725,000
Median List Price/Sq.Ft.
$483
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
30
Median Sale to List Price %
103.45%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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(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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