886 -894 E 43rd PL new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,508 sqft
Price per Sqft $245
MLS Listing ID 25533565
Bedrooms 19
Year Built 1960
Lot Size 0.310 Acres
Property Description
Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. Listed at an 8.37% cap rate, 886-894 E. 43rd Pl. offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of two separate buildings on two adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned
Pool None
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot
Story 1
Sewer Other
New Construction No
Others
Special Listing Condition Standard