1724 W 43rd Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 1 bath

1724 W 43rd Street, Los Angeles, California 90062 home-pic-0
ACTIVE$610,000
1724 W 43rd Street, Los Angeles, California 90062
3Beds
1Bath
1,406Sqft
6,165Lot

Price Vs. Estimate

The estimated value ($610,000) is $0 (0%) lower than the list price ($610,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment Opportunity: Explicitly highlighted as having 'exceptional upside for investors' for both buy-and-hold and buy-and-sell strategies.
Top Cons:
Complex Occupancy & Eviction: The property is tenant-occupied, and the seller is actively pursuing a Writ of Possession, which introduces significant legal and financial risks, and delays for the buyer.

Compared to the nearby listings

Price:$610.0K vs avg $775.0K ($-165,000)24%
Size:1,406 sqft vs avg 1,301 sqft54%
Price/sqft:$434 vs avg $55719%

More Insights

Built in 1912 (113 years old).
Condition: Built in 1912, this property is over a century old and shows clear signs of significant deferred maintenance and a complete lack of modernization. The single visible bathroom is extremely outdated with an old vanity and mirror, requiring a full renovation. While no kitchen images are provided, the dated flooring and overall condition of other interior spaces (green carpet, wood paneling, old ceiling fan, broken blinds) strongly suggest the kitchen is equally, if not more, outdated. The exterior features an overgrown yard, a dilapidated garage/shed that appears structurally unsound, and an exposed, older water heater. The property requires substantial repairs and rehabilitation across all major systems and aesthetics, making it uncomfortable and potentially unsafe in its current state. It is clearly marketed to investors for its 'potential for updates and improvements,' indicating a massive renovation project rather than minor cosmetic fixes.
Year Built
1912
Close
-
List price
$610K
Original List price
$610K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
25494577
Home ConditionPoor
Features
View-

About this home

Charming 3-Bedroom Home in Los Angeles Reverse Mortgage Trust Sale! Great opportunity to own a 3-bedroom, 1-bathroom home in Los Angeles! This property is currently occupied. The court awarded possession to the Seller on 10/9/25. The Seller has initiated the Writ of Possession process. This property offers exceptional upside for investors ready to move quickly. This property may be an excellent option for investors looking for a buy-and-hold or buy-and-sell opportunity. The home features a spacious layout and plenty of potential for updates and improvements. A fast close is preferred. Drive by only, do not disturb tenants.

Condition Rating
Poor

Built in 1912, this property is over a century old and shows clear signs of significant deferred maintenance and a complete lack of modernization. The single visible bathroom is extremely outdated with an old vanity and mirror, requiring a full renovation. While no kitchen images are provided, the dated flooring and overall condition of other interior spaces (green carpet, wood paneling, old ceiling fan, broken blinds) strongly suggest the kitchen is equally, if not more, outdated. The exterior features an overgrown yard, a dilapidated garage/shed that appears structurally unsound, and an exposed, older water heater. The property requires substantial repairs and rehabilitation across all major systems and aesthetics, making it uncomfortable and potentially unsafe in its current state. It is clearly marketed to investors for its 'potential for updates and improvements,' indicating a massive renovation project rather than minor cosmetic fixes.
Pros & Cons

Pros

Strong Investment Opportunity: Explicitly highlighted as having 'exceptional upside for investors' for both buy-and-hold and buy-and-sell strategies.
Prime Los Angeles Location: Situated in a highly desirable and competitive real estate market, offering inherent value and potential appreciation.
Spacious Layout: The home features a 'spacious layout,' providing a good foundation for renovation and comfortable living.
Significant Value-Add Potential: Described as having 'plenty of potential for updates and improvements,' allowing for customization and increased equity.
Seller Motivation for Quick Sale: 'A fast close is preferred' indicates a motivated seller, which can be advantageous for a decisive buyer.

Cons

Complex Occupancy & Eviction: The property is tenant-occupied, and the seller is actively pursuing a Writ of Possession, which introduces significant legal and financial risks, and delays for the buyer.
Restricted Access for Inspection: The 'drive by only, do not disturb tenants' directive prevents thorough interior inspection and due diligence, making it difficult to accurately assess condition and potential repair costs.
Age and Required Renovation: Built in 1912, the property likely requires extensive modernization and repairs, including the limited 1-bathroom configuration, which will incur substantial additional costs and effort.

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