
Los Angeles, California 90011
This triplex presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned above the $576,034 Fair Market Value. While the property requires capital investment due to its Fair Condition Rating and 1918 construction, the Detached Multi-Unit Configuration and Ample Off-Street Parking provide significant long-term rental utility. Located near USC and Downtown Los Angeles, the asset is well-positioned to capture consistent demand from urban professionals. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-density rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 E 43rd Street Subject | $650,000* List Price | 0 | 0 | 1,668 | $345 | - |
A 1407 E 50th Street Sold | $734,000 | 0 | 0 | 2,141 | $343 | 0.5 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 4151 Compton Avenue Active | $749,900 List Price | 0 | 0 | 1,898 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1918, this property far exceeds the 30-50 year threshold for major systems. Interior photos show dated parquet flooring and window-mounted AC units rather than central HVAC. The lack of recent renovation history suggests that kitchens, bathrooms, and electrical systems are likely at the end of their functional life and require a full rehab.
The property features three detached units, a rare and highly desirable layout that offers tenants maximum privacy and reduces noise issues, enhancing long-term rental appeal.
Positioned near USC, Downtown Los Angeles, and Exposition Park, the property is ideally located to capture high demand from students, faculty, and urban professionals.
A long driveway provides significant off-street parking capacity, a premium amenity in this dense Los Angeles neighborhood that adds substantial value for both owners and residents.
Built in 1918 and currently in fair condition, the property likely requires immediate capital investment for repairs and modernization to address deferred maintenance.
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may limit the property's appeal to families seeking long-term residency.
This income-producing property features three detached. The property is in fair condition and offers a versatile layout consisting of one larger unit. A long driveway provides ample off-street parking, while the detached configuration offers added privacy and flexibility for tenants or future use. Conveniently located near USC, Exposition Park, and Downtown Los Angeles, the property is well positioned with easy access to employment centers, public transportation, dining, entertainment, and major freeways.
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 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,668 | 2,187.451 |
| Lot Size | 4,656 | 5,841.385 |
| Price | $650.0K | $841.5K |
| Price per sq ft | $390 | $385 |
| Built year | 1918 | 1928 |
| HOA | $0 | $0 |
| Days on market | 44 | 85 |
Jul 27, 2026
$650,000
Initial Listing