530 W 43rd Street, Los Angeles, California 90037, Los Angeles, 90037 - 6 bed, 4 bath

530 W 43rd Street, Los Angeles, California 90037 home-pic-0
ACTIVE UNDER CONTRACT$999,000
530 W 43rd Street, Los Angeles, California 90037
6Beds
4Baths
2,000Sqft
4,805Lot
Year Built
1908
Close
-
List price
$999K
Original List price
$1.19M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
IV25071511
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $999.0K(94th), sqft - 2000(79th), beds - 6(91th), baths - 4(94th).

****TWO HOMES ON ONE LOT****Another beautiful home professionally remodeled***Gated driveway with parking for 4-5 cars. Main house with 4 bedrooms 2 bath, PLUS a brand new 800 Sf. 2 bedrooms 2 bath ADU with fully paid solar system. Main house offers large Livingroom with beautiful Criss Cross Ceiling Beams, new plumbing, all new electrical, new kitchen, new bathrooms, Recessed Lighting, New dual pane windows, new flooring, fresh interior and exterior paint, new doors, new concrete driveway, new HVAC system, interior laundry room and lots more. Newly built ADU was completed in 2025 and offers nice size kitchen with stainless steel stove, microwave, dishwasher and inside laundry room. Large master bedroom and bathroom plus a second bedroom and a full bathroom and central HVAC, fully paid solar system. Both houses have brand new concrete driveway, patio and artificial sod and Cordless window blinds. Property is located within minutes from USC, BMO stadium, science center, exposition park. Close to 10 and 110 Freeways.

Nearby schools

5/10
West Vernon Avenue Elementary School
Public,K-50.2mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,K-50.4mi
5/10
Menlo Avenue Elementary School
Public,K-50.4mi
/10
Dr. James Edward Jones Primary Center
Public,K-20.6mi
3/10
Fifty-Second Street Elementary School
Public,K-50.6mi
3/10
Normandie Avenue Elementary School
Public,K-50.9mi
3/10
Trinity Street Elementary School
Public,K-50.9mi
2/10
Main Street Elementary School
Public,K-51.0mi
/10
Maple Primary Center
Public,K-11.0mi
2/10
Martin Luther King Jr. Elementary School
Public,K-51.5mi
2/10
Western Avenue Elementary School
Public,K-51.6mi
2/10
Forty-Second Street Elementary School
Public,K-52.2mi
3/10
Angeles Mesa Elementary School
Public,K-52.3mi
2/10
Tom Bradley Global Awareness Magnet School
Public,K-52.3mi
3/10
Sixth Avenue Elementary School
Public,K-52.7mi
3/10
William Jefferson Clinton Middle School
Public,6-81.0mi
2/10
John Muir Middle School
Public,6-81.4mi
3/10
Los Angeles Academy Middle
Public,6-81.5mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.5mi
1/10
Horace Mann Junior High School
Public,6-82.6mi
2/10
Audubon Middle School
Public,6-82.6mi
3/10
Manual Arts Senior High School
Public,9-120.5mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.4mi
3/10
Nava College Preparatory Academy
Public,9-121.9mi
5/10
Santee Education Complex
Public,9-122.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.7mi

Price History

Date
Event
Price
09/12/24
Sold
$550,000
Condition Rating
Good

The property, built in 1908, has been extensively remodeled, including new plumbing, electrical, kitchen, and bathrooms. The ADU was newly built in 2025. The images show modern kitchens and bathrooms with stainless steel appliances and updated fixtures. While the original structure is old, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Dual Income Potential: The property features two homes on one lot: a remodeled main house and a brand new ADU, offering significant rental income potential.
Extensive Remodeling: The main house has been professionally remodeled with new plumbing, electrical, kitchen, bathrooms, flooring, paint, and more, minimizing immediate maintenance concerns.
New ADU: The newly built ADU includes modern amenities such as stainless steel appliances, an in-unit laundry room, and central HVAC, increasing its appeal to renters or family members.
Solar System: The ADU benefits from a fully paid solar system, reducing electricity costs and appealing to environmentally conscious buyers.
Prime Location: The property is conveniently located near USC, BMO Stadium, the Science Center, Exposition Park, and major freeways (10 and 110), offering easy access to amenities and transportation.

Cons

Small Lot Size: The lot size is relatively small (4805 sqft) which may limit outdoor space and future expansion possibilities.
Older Construction: Despite renovations, the main house was built in 1908, which could present potential issues related to older construction that may arise in the future.
Active Under Contract: The property is currently 'Active Under Contract', which means there is already an accepted offer, potentially limiting opportunities for other buyers.

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