718 W 43rd Place, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 2 bath
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718 W 43rd Place
Los Angeles, California 90037
ACTIVE
CONDITION: FAIR
5Beds
2Baths
1,825Sq Ft
4,806Lot Size
Property Price
LIST PRICE$699,999
EST. MARKET VALUE
$708,349
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $729,000—positioned slightly above the $719,514 Fair Market Value. While the property requires updates due to its Condition Rating of 4, the 5-bedroom layout provides significant rental yield potential near USC and Exposition Stadium. The discrepancy between legal and physical bath counts necessitates a thorough inspection, yet the high bedroom count remains a key asset. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to modernize a classic 1908 structure.
Estimated Market Value
$708,349
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 718 W 43rd Place Subject 5 bd · 2 ba · 1,825 sqft · $388 | $699,999* List Price | 5 | 2 | 1,825 | $388 | - |
A 727 W 53rd Street Sold 4 bd · 2 ba · 1,770 sqft · $379 · 0.7 mi | $670,000 | 4 | 2 | 1,770 | $379 | 0.7 mi |
B 1037 W 46th Street Sold 3 bd · 2 ba · 1,414 sqft · $417 · 0.4 mi | $590,000 | 3 | 2 | 1,414 | $417 | 0.4 mi |
C 711 W 41st Street Sold 6 bd · 3 ba · 1,958 sqft · $396 · 0.4 mi | $775,000 | 6 | 3 | 1,958 | $396 | 0.4 mi |
D 144 W 45th Street Sold 4 bd · 3 ba · 2,124 sqft · $330 · 0.6 mi | $700,000 | 4 | 3 | 2,124 | $330 | 0.6 mi |
E 1248 W Martin Luther King Jr Blvd Sold 7 bd · 3 ba · 1,720 sqft · $483 · 0.8 mi | $830,000 | 7 | 3 | 1,720 | $483 | 0.8 mi |
F 1225 W 52nd Street Sold 3 bd · 1 ba · 1,317 sqft · $444 · 0.9 mi | $585,000 | 3 | 1 | 1,317 | $444 | 0.9 mi |
G 336 W 45th Street Active 5 bd · 3 ba · 1,728 sqft · $376 · 0.4 mi | $649,900 List Price | 5 | 3 | 1,728 | $376 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1908 and shows signs of a dated renovation, likely over 20 years old, featuring older patterned tile flooring and traditional built-ins. While functional and currently lived-in, it requires cosmetic updates and modernizing of systems due to its overall age.
PROSSTRENGTHS & OPPORTUNITIES
- Proximity to Major Attractions
The property is ideally located near Exposition Stadium, local parks, and the vibrant USC area, offering excellent convenience and lifestyle appeal.
- High Bedroom Count
Featuring 5 bedrooms and 1,825 square feet of living space, this home provides ample room for large families or excellent co-living rental potential.
- Strong Investment Potential
Situated in a high-demand Los Angeles neighborhood near universities and stadiums, this property offers strong rental yield opportunities for savvy investors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1908, this century-old property may require significant updates to its structural, electrical, and plumbing systems to meet modern standards.
- Permit and Layout Discrepancy
The listing notes a discrepancy between the physical layout (3 baths) and legal records (2 baths), which could present challenges with financing or future resale.
About 718 W 43rd Place
A LARGE PROPERTY! AND A, PRICE REDUCTION! GOOD FOR 2 FAMILIES! 5 BEDROOMS 3 FULL BATH TOTAL! LEGAL 5 BEDROOMS 2 FULL BATH ... THIS PROPERTY IT'S GOOD FOR A LARGE FAMILY! CLOSE TO EVERYTHING!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 4,806 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Marguerite Poindexter Lamotte Elementary
Grades K-5 • 0.2 mi
2/10
Menlo Avenue Elementary School
Grades K-5 • 0.3 mi
5/10
West Vernon Avenue Elementary School
Grades K-5 • 0.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,825 | 1,670.836 |
| Lot Size | 4,806 | 6,152.156 |
| Price | $700.0K | $1.34M |
| Price per sq ft | $384 | $807 |
| Built year | 1908 | 1941 |
| HOA | $0 | $238 |
| Days on market | 55 | 56 |
Pricing History
Listed for Sale
Oct 9, 2026
$699,999
$719,000
-3% Price Drop
Initial Listing
Price Change
Sep 19, 2026
$719,000
$729,000
-1% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$729,000
Initial Listing
Sold
Feb 11, 1998
$109,000
Public Record