
Los Angeles, California 90011
This Residential Income Triplex presents a High-Potential Investment Opportunity with a List Price of $649,900—positioned well below the $628,154 Fair Market Value by -3%. While the property requires modernization due to its Fair Condition Rating, the detached layout and ample off-street parking provide significant rental flexibility. Located near USC and Downtown Los Angeles, this asset offers strong long-term occupancy potential in a high-demand corridor. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on a strategic rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 E 43rd Subject | $649,900* List Price | 0 | 0 | 1,668 | $377 | - |
A 1426 E 50th Sold | $725,000 | 0 | 0 | 1,850 | $392 | 0.6 mi |
B 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.5 mi |
C 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.3 mi |
D 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.3 mi |
E 4151 Compton Avenue Pending | $749,900 List Price | 0 | 0 | 1,898 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1918, the property is over 100 years old. While it features a newer roof and is currently tenant-occupied, the interiors show dated finishes and parquet flooring consistent with a renovation older than 20 years. It requires modernization of kitchens, bathrooms, and likely systems to meet contemporary standards.
The property consists of three separate detached houses, offering maximum privacy for tenants and greater flexibility for future use compared to traditional attached units.
Proximity to USC, Exposition Park, and Downtown Los Angeles places this property in a high-demand rental corridor, ensuring strong long-term occupancy potential.
The inclusion of a long driveway provides significant off-street parking, a premium feature in this densely populated area of Los Angeles that adds value for tenants.
Built in 1918 and currently in fair condition, the property likely requires ongoing maintenance and modernization beyond the recently updated roof.
Being fully tenant-occupied with a 'do not disturb' instruction limits immediate access for inspections and may complicate plans for owner-occupancy.
Three separate houses offering approximately 1,668 sq ft of living space. The property is in fair condition and has seen recent improvements, including a newer roof. The layout includes one larger unit of approximately 900 sq ft and two additional units of about 384 sq ft each. A long driveway provides ample off-street parking, while the detached configuration enhances privacy and flexibility for tenants or future use. Located near USC, Exposition Park, Downtown Los Angeles. All units are tenant-occupied. Please do not disturb occupants
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,668 | 2,250 |
| Lot Size | 4,656 | 5,864 |
| Price | $649.9K | $826.7K |
| Price per sq ft | $390 | $395 |
| Built year | 1918 | 1925 |
| HOA | $0 | $0 |
| Days on market | 100 | 83 |
Apr 13, 2026
$649,900
Initial Listing