547 W 43rd Street, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
This Value-Add Triplex presents a High-Potential Investment Opportunity strategically located just 0.7 miles from USC and Exposition Park. Listed at $694,000, the property is positioned relative to its $634,808 Fair Market Value, reflecting the high demand for multi-unit assets in this transit-oriented corridor. Carrying a Condition Rating of 5, the 1924 structure requires a comprehensive interior and systems rehabilitation to achieve peak market rents. Boasting superior commuter access via the Metro K Line and 110 Freeway, this asset is perfectly suited for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 547 W 43rd Street Subject | $694,000* List Price | 0 | 0 | 1,921 | $330 | - |
A 250 W 49th Street 2 Sold | $593,000 | 0 | 0 | 2,052 | $289 | 0.6 mi |
B 1021 W 48th Sold | $720,000 | 5 | 4 | 2,096 | $344 | 0.6 mi |
C 1323 W 41st Sold | $699,998 | 0 | 0 | 1,807 | $387 | 0.9 mi |
D 725 727 W 50th Street Sold | $625,000 | 0 | 0 | 1,916 | $326 | 0.6 mi |
E 916 W 53rd St Street Sold | $805,000 | 0 | 0 | 2,012 | $400 | 0.9 mi |
F 621 W 54th Street Sold | $722,000 | 0 | 0 | 1,790 | $403 | 0.8 mi |
G 227 W 47th Street Active | $699,000 List Price | 0 | 0 | 1,863 | $375 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this 100-year-old triplex shows significant signs of age with no mentioned or visible renovations. The exterior features weathered stucco, dated windows, and aging electrical meters. Marketed as an investment opportunity, the property likely requires a full rehab of kitchens, bathrooms, and systems to be functional and safe.
Located just 0.7 miles from Exposition Park and the University of Southern California, this property is perfectly positioned to tap into a consistent pool of student and faculty rental demand.
The property offers superior commuter access via the Metro K Line, Expo Line, and immediate proximity to the 110 Harbor Freeway on/off ramps.
As a triplex priced under $700,000 in a high-demand Los Angeles submarket, this residential income property presents a strong opportunity for cash flow and long-term appreciation.
Built in 1924, the century-old structure likely requires ongoing maintenance and potential capital improvements to modernize electrical, plumbing, and energy systems.
The local middle and high schools carry low performance ratings (ranging from 1 to 3), which may limit the property's appeal to long-term family tenants.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,921 | 2,000 | 47% |
| Lot Size | 5,221 | 5,377 | 47% |
| Price | $694.0K | $855.0K | 16% |
| Price per sq ft | $361 | $387 | 47% |
| Built year | 1924 | 1923 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 551 | 247 | 0% |
Nov 16, 2025
$694,000
Initial Listing
Oct 18, 2024
$699,000
Initial Listing
Nov 19, 2013
$256,000
Public Record