Seller's Agent in 2025
Richard Bell
Bell Realty Group
(714) 309-3549
1 in this area
20 Total Sales
1162 E 43rd Place Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $1,350,909 - $1,476,000
12
Beds
6
Baths
5,729
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- No HOA
- Chain Link Fence
- Wall Furnace
About This Home
As of June 2025Great cash flow property with huge upside too. 11.8% cash on cash return with current rents. 8.3% cap rate. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Walkable score of 83. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements. Market rents shown are for Section 8 approved 2 bedroom units. Garages currently used for storage.
Last Agent to Sell the Property
Bell Realty Group Brokerage Phone: 714-309-3549 License #01344469 Listed on: 11/18/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 6,981 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Grapestake Fence
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 5,729 Sq Ft Home
- 2-Story Property
- Termite Clearance
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 11
- Tax Tract Number 1103
- Assessor Parcel Number 5115034011
- $730 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- 5 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $6,500
- Maintenance Expense $3,500
- Other Expense $4,002
- Water Sewer Expense $7,200
- New Taxes Expense $17,438
- Operating Expense $39,290
- Gross Income $160,368
- Net Operating Income $116,267
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Jun 2, 2025
Sold by
Bought by
Seller's Agent
Richard Bell
Bell Realty Group
Buyer's Agent
Jaime Meza
Beverly and Company, Inc.
List Price
$1,525,000
Sold Price
$1,380,000
Premium/Discount to List
-$145,000
-9.51%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,222
Avg. Annual Appreciation
2.22%
Original Mortgage
$966,000
Interest Rate
0.0681%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2003
Sold by
Bought by
Purchase Details
Closed on
Dec 13, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
0.0582%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 12, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 16, 1997
Sold by
Bought by
Purchase Details
Closed on
Nov 12, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 5, 1997
Sold by
Bought by
Purchase Details
Closed on
Oct 14, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,380,000 | Old Republic Title Company | ||
| -- | -- | ||
| $355,000 | First Southwestern Title Co | ||
| -- | -- | ||
| $306,613 | American Title | ||
| -- | Southland Title | ||
| $280,000 | Southland Title | ||
| $159,000 | Commonwealth Land Title Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $966,000 | ||
| Closed | $500,000 | ||
| Closed | $390,000 | ||
| Closed | $69,500 | ||
| Closed | $422,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $1,380,000 | -1.1% | $241 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $1,395,000 | -2.1% | $243 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $1,425,000 | -3.4% | $249 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $1,475,000 | -3.3% | $257 / Sq Ft |
| 11/18/2024 11/18/24 | For Sale | $1,525,000 | -- | $266 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,371 | $463,445 | $152,063 | $311,382 |
| 2024 | $6,181 | $454,359 | $149,082 | $305,277 |
| 2023 | $6,073 | $445,451 | $146,159 | $299,292 |
| 2022 | $5,810 | $436,718 | $143,294 | $293,424 |
| 2021 | $5,708 | $428,156 | $140,485 | $287,671 |
| 2019 | $5,548 | $415,459 | $136,319 | $279,140 |
| 2018 | $5,468 | $407,314 | $133,647 | $273,667 |
| 2016 | $5,173 | $391,499 | $128,458 | $263,041 |
| 2015 | $5,104 | $385,619 | $126,529 | $259,090 |
| 2014 | $5,159 | $378,066 | $124,051 | $254,015 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Bell
-
Jaime Meza
Buyer's Agent in 2025
Jaime Meza
Beverly and Company, Inc.
(747) 253-3241
1 in this area
62 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24235975
APN: 5115-034-011
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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