860 W 43rd Place, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 1 bath
ACTIVE$800,000
860 W 43rd Place, Los Angeles, California 90037
3Beds
1Bath
1,276Sqft
5,002Lot
Year Built
1913
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$627
HOA
-
Days on market
-
Sold On
-
MLS number
MB25158728
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $800.0K(79th), sqft - 1276(36th), beds - 3(50th), baths - 1(24th).
DON'T MISS THIS OPPORTUNITY!! * * LAR3 ZONING * * House features 3 Bedrooms and 1 bath with Attic converted to a room. Parking in the rear of house through alley access. Centrally located close to downtown LA, USC campus, metro and exposition park. Excellent property for investors or first time buyers!
Nearby schools
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.1mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.3mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.5mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.5mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.6mi
2/10
Main Street Elementary School
Public,•K-5•1.2mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.2mi
3/10
Trinity Street Elementary School
Public,•K-5•1.2mi
2/10
Western Avenue Elementary School
Public,•K-5•1.3mi
/10
Maple Primary Center
Public,•K-1•1.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.8mi
3/10
Angeles Mesa Elementary School
Public,•K-5•2.0mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•2.0mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.5mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•1.2mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.3mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
1/10
Horace Mann Junior High School
Public,•6-8•2.3mi
2/10
Audubon Middle School
Public,•6-8•2.3mi
3/10
Manual Arts Senior High School
Public,•9-12•0.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.2mi
5/10
Santee Education Complex
Public,•9-12•2.3mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.3mi
Price History
Date
Event
Price
07/15/25
Listing
$800,000
05/11/15
Sold
$280,000
09/18/06
Sold
$495,000
02/09/04
Sold
$217,000
Condition Rating
Poor
Built in 1913, this property is over a century old and shows significant signs of age and deferred maintenance. The images reveal worn hardwood floors, chipped paint on stairs and exterior, and a very dated, basic bathroom with a fluorescent light fixture and simple tiled shower. While functional, the bathroom appears to have been renovated many years ago (likely 15-30+ years) with budget-grade materials, and the rest of the house lacks modern updates. There are no images of the kitchen, but given the overall condition, it's highly probable it's also outdated and requires a full renovation. The property requires substantial repairs and rehabilitation to meet modern living standards, including likely updates to major systems (electrical, plumbing, HVAC) not visible but typical for a home of this age.
Pros & Cons
Pros
LAR3 Zoning: The property benefits from LAR3 zoning, offering significant development potential for multi-unit construction or increased density, highly attractive for investors.
Prime Central Location: Strategically located close to Downtown LA, USC campus, metro lines, and Exposition Park, providing excellent accessibility and strong rental demand or appreciation potential.
Alley Access Parking: Rear parking accessible via an alley is a valuable amenity in a dense urban area, offering convenience and off-street parking solutions.
Converted Attic Space: The attic has been converted into an additional room, providing extra functional space that can be utilized as an office, den, or additional bedroom.
Broad Buyer Appeal: Explicitly marketed as an 'Excellent property for investors or first time buyers,' indicating versatility and potential for various buyer profiles.
Cons
Historic Property Age: Built in 1913, the property is over a century old, likely requiring substantial updates to plumbing, electrical, HVAC, and general renovations to meet modern standards and avoid costly deferred maintenance.
Limited Bathroom Count: With 3 bedrooms plus a converted attic room and only one bathroom, the property offers an insufficient bathroom-to-bedroom ratio, which can be a significant drawback for families or multiple occupants.
Overpriced Relative to Estimation: The listing price is 23% higher than the estimated property value, suggesting it may be overpriced based on current market data and could face challenges in appraisal or require strong justification for its development potential.