547 W 43rd Street, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$694,000
547 W 43rd Street, Los Angeles, California 90037
0Bed
0Bath
1,921Sqft
5,221Lot
Year Built
1924
Close
-
List price
$694K
Original List price
$699K
Price/Sqft
$361
HOA
-
Days on market
-
Sold On
-
MLS number
DW24209007
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $694.0K(22th), sqft - 1921(30th), beds - undefined(50th), baths - undefined(50th).
Discover a unique investment opportunity with this triplex located at 547 W 43rd Street, just 0.7 miles from Exposition Park/USC. Available public transportation, such as the Metro K Line, Expo Line, Metro Bus line and nearby 110 Harbor Freeway on/ off ramps.
Nearby schools
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.2mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.4mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.4mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.6mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.7mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.8mi
3/10
Trinity Street Elementary School
Public,•K-5•0.9mi
2/10
Main Street Elementary School
Public,•K-5•1.0mi
/10
Maple Primary Center
Public,•K-1•1.0mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.4mi
2/10
Western Avenue Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.1mi
3/10
Angeles Mesa Elementary School
Public,•K-5•2.3mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.7mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.0mi
2/10
John Muir Middle School
Public,•6-8•1.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.5mi
1/10
Horace Mann Junior High School
Public,•6-8•2.6mi
2/10
Audubon Middle School
Public,•6-8•2.6mi
3/10
Manual Arts Senior High School
Public,•9-12•0.5mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.9mi
5/10
Santee Education Complex
Public,•9-12•2.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.7mi
Price History
Date
Event
Price
11/16/25
Price Change
$694,000
10/18/24
Listing
$699,000
11/19/13
Sold
$256,000
Condition Rating
Poor
Built in 1924, this property is nearly 100 years old. The MLS description explicitly notes its 'Advanced Age' and 'Lack of Renovation Details,' indicating significant deferred maintenance. The provided exterior images confirm a very dated and neglected appearance, with old windows, a window AC unit, and unkempt surroundings. Without any interior photos, it's highly probable that the kitchens and bathrooms are original or have not been updated in many decades, requiring substantial repairs and modernization of all essential systems (plumbing, electrical, HVAC). This aligns with the 'Poor' condition criteria, necessitating significant capital investment to bring it to modern standards.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, explicitly categorized as 'Residential Income,' offering multiple rental units and immediate income potential for investors.
Prime Location for Renters: Situated just 0.7 miles from Exposition Park/USC, this location is highly attractive to students, faculty, and staff, ensuring strong rental demand and potentially higher rental rates.
Exceptional Transportation Connectivity: The property benefits from excellent access to public transportation, including the Metro K Line, Expo Line, Metro Bus lines, and nearby 110 Harbor Freeway on/off ramps, enhancing its appeal for commuters.
Strong Investment Opportunity: Marketed as a 'unique investment opportunity,' its location near a major university and robust transportation infrastructure supports long-term appreciation and stable rental income.
Access to Highly-Rated Schools: The area boasts access to several highly-rated public schools, including Menlo Avenue Elementary (rated 5), West Vernon Avenue Elementary (rated 5), and Santee Education Complex (High School, rated 5), which can attract families.
Cons
Advanced Age of Property: Built in 1924, the property is nearly a century old, suggesting a high likelihood of requiring significant capital investment for updates, repairs, and modernization of essential systems (plumbing, electrical, HVAC).
Lack of Renovation Details: The property description provides no information regarding recent renovations or upgrades, implying potential for deferred maintenance and an 'as-is' sale condition that may necessitate substantial buyer investment.
Absence of Desirable Views: The property explicitly states 'view: None,' which could be a minor drawback for some buyers in the Los Angeles market where scenic views often contribute to property value and desirability.