612 East 43rd Street

Los Angeles, CA 90011

$726,375
Last Sold Price
5
Beds
2
Baths
2,469 Sq. Ft.
$294 / Sq. Ft.
2,469
Sq. Ft.
$294
per Sq. Ft.

Description

Opportunity to own a Duplex in Downtown LA. This C2-Commercially zoned lot is positioned within 10 minutes of University of Southern California campus and is also a short drive to other LA attractions like So-Fi stadium, LAFC-HQ and more. The 5,760 sqft lot consists of (1) front 3/1, (1) upper 1/1 and (1) rear 2/1 unit for a total of 2,469 sqft of living space and driveway with a total of 6 car parking available. Overall, this property presents an incredible opportunity for investors and developers...Opportunity to own a Duplex in Downtown LA. This C2-Commercially zoned lot is positioned within 10 minutes of University of Southern California campus and is also a short drive to other LA attractions like So-Fi stadium, LAFC-HQ and more. The 5,760 sqft lot consists of (1) front 3/1, (1) upper 1/1 and (1) rear 2/1 unit for a total of 2,469 sqft of living space and driveway with a total of 6 car parking available. Overall, this property presents an incredible opportunity for investors and developers alike. Act quickly before the potential in this property becomes someone else’s gain.
  1. Listed by David Caskey • DRE #01198999 • Brokerage DRE #01878277 • eXp Realty of California Inc • 310-374-1800
  2. Listed by Dean Alessi • DRE #02204679 • Brokerage DRE #01878277 • eXp Realty of California Inc

Property Details for 612 East 43rd Street

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2469

Location

Listing Courtesy of eXp Realty of California Inc, David Caskey, DRE #01198999; eXp Realty of California Inc, Dean Alessi, DRE #02204679

Sold By REALTY MASTERS & ASSOCIATES, Lauren Alpert, DRE #02040938

Add your commute
LISTING UPDATED: 05/19/2023 09:37 AM

Property Details for 612 East 43rd Street

StatusClosed
MLS #SB23033735
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.13 AC / 5,760 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, David Caskey, DRE #01198999; eXp Realty of California Inc, Dean Alessi, DRE #02204679

Sold By REALTY MASTERS & ASSOCIATES, Lauren Alpert, DRE #02040938

Add your commute

Building Information for 612 East 43rd Street

Stories2Residences-Year Built1912Building Size-Lot Size0.13 AC / 5,760 SF

Payment Calculator

$4,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,964

Property Taxes

$658

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 612 East 43rd Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $36,564
  • Gross Scheduled Income: $36,564
  • Gross Operating Income: $36,564
  • Net Operating Income: $31,064
  • Cap Rate: 4.28
  • Financing: Conventional
Expense Details
  • Operating Expense: $8,500
  • Fuel Expense: $0
  • Electric Expense: $1,050
  • Insurance Expense: $1,100
  • Trash Expense: $0
  • Water Sewer Expense: $1,700
  • Total Expenses: $3,850
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 2286
  • Tax Census Tract: 2286.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Equipment: Gas Dryer Hookup, Microwave, Refrigerator, Room, Washer Hookup
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Cooling: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Security Features: Smoke Detector(s)
  • Roof: Composition
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,612
  • Unit Type Total Rent: $1,612
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,435
  • Unit Type Total Rent: $1,435
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 612 East 43rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 612 East 43rd Street

Taxable ValueLand$473,030Additions$150,317Total$623,347
Tax Record2023$7,893 ($658 / month)
Home Facts
Total Finished SqFt2,469 SqFtAbove Grade Finished SqFt2,469 SqFtLot Size5,760 SqFtStyleDuplexYear Built1912ZoningLAC2CountyLOS ANGELESAPN5115-010-003

Schools near 612 East 43rd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harmony Elementary School
PublicK to 5

Accelerated School
CharterK to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, David Caskey, DRE #01198999; eXp Realty of California Inc, Dean Alessi, DRE #02204679

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.