1241 E 43rd, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$599,000
1241 E 43rd, Los Angeles, California 90011
0Bed
0Bath
2,362Sqft
5,124Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Producing Triplex: The property is a versatile triplex, explicitly marketed as an income-producing investment, offering multiple units for rental income or multi-generational living.
Top Cons:
Age of Property & Potential Maintenance: Built in 1922, the property is over a century old, which often implies a higher likelihood of needing significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) and potential deferred maintenance.
Compared to the nearby listings
Price:$599.0K vs avg $649.0K ($-50,000)27%
Size:2,362 sqft vs avg 2,042 sqft81%
Price/sqft:$254 vs avg $3418%
More Insights
Built in 1922 (103 years old).
Condition: Built in 1922, this property is over a century old. The listing provides no interior images, particularly for the kitchen and bathrooms, nor does it mention any recent renovations. The property analysis explicitly notes the 'Age of Property & Potential Maintenance' and the 'higher likelihood of needing significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) and potential deferred maintenance.' Without any evidence of updates, a property of this age is highly likely to require substantial repairs and rehabilitation of major systems to meet modern standards for safety and comfort.
Year Built
1922
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
RS25258950
Home ConditionPoor
Features
Good View:
View-
About this home
Welcome to 1241 E 43rd Place, a versatile triplex featuring a total of 5 bedrooms and 3 bathrooms, located in a vibrant and growing part of South Los Angeles. This property offers a rare opportunity to own multiple units in a neighborhood with strong community roots and convenient access to the city. The location is a major highlight. You’re close to major freeways and public transit, making it easy to reach Downtown Los Angeles, USC, and surrounding areas. Residents enjoy the quiet, tree-lined streets, a welcoming neighborhood atmosphere, and easy access to local shops, cafés, and parks. Whether you’re looking for an income-producing investment or a multi-family property with potential, 1241 E 43rd Place combines location, lifestyle, and flexibility, offering a compelling opportunity in Los Angeles.
Condition Rating
Poor
Built in 1922, this property is over a century old. The listing provides no interior images, particularly for the kitchen and bathrooms, nor does it mention any recent renovations. The property analysis explicitly notes the 'Age of Property & Potential Maintenance' and the 'higher likelihood of needing significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) and potential deferred maintenance.' Without any evidence of updates, a property of this age is highly likely to require substantial repairs and rehabilitation of major systems to meet modern standards for safety and comfort.
Pros & Cons
Pros
Income-Producing Triplex: The property is a versatile triplex, explicitly marketed as an income-producing investment, offering multiple units for rental income or multi-generational living.
Excellent Accessibility: Strategically located with convenient access to major freeways and public transit, facilitating easy commutes to Downtown Los Angeles, USC, and surrounding areas.
Vibrant & Growing Neighborhood: Situated in a vibrant and growing part of South Los Angeles, characterized by strong community roots, tree-lined streets, and a welcoming atmosphere, suggesting potential for appreciation.
Multi-Family Potential: Offers a rare opportunity to own multiple units, providing flexibility for various living arrangements or investment strategies.
Local Amenities Access: Residents benefit from easy access to local shops, cafés, and parks, enhancing the lifestyle and convenience of the location.
Cons
Age of Property & Potential Maintenance: Built in 1922, the property is over a century old, which often implies a higher likelihood of needing significant capital expenditures for major system updates (e.g., plumbing, electrical, roof) and potential deferred maintenance.
Lack of Specific Unit Details: The description provides a total bedroom/bathroom count but lacks specific details on individual unit layouts, current condition, or recent renovations, making it challenging to fully assess rental potential or required upgrades without further inspection.
Unspecified Parking Availability: For a triplex in a dense urban area like Los Angeles, the absence of any mention of dedicated parking could be a significant drawback for potential tenants and owners.