$599,000

Estimated payment $3,313/month

5 Beds
3 Baths
2,362 Sq Ft
$254 Price per Sq Ft

About This Home

Welcome to 1241 E 43rd Place, a versatile triplex featuring a total of 5 bedrooms and 3 bathrooms, located in a vibrant and growing part of South Los Angeles. This property offers a rare opportunity to own multiple units in a neighborhood with strong community roots and convenient access to the city. The location is a major highlight. You’re close to major freeways and public transit, making it easy to reach Downtown Los Angeles, USC, and surrounding areas. Residents enjoy the quiet, tree-lined streets, a welcoming neighborhood atmosphere, and easy access to local shops, cafés, and parks. Whether you’re looking for an income-producing investment or a multi-family property with potential, 1241 E 43rd Place combines location, lifestyle, and flexibility, offering a compelling opportunity in Los Angeles.

Listing Agent

Mark Perez

Circle Real Estate Brokerage Phone: 562-754-0660 License #01279393 Listed on: 11/20/2025

Circle Real Estate

Co-Listing Agent

Gabriel Mejorado

Circle Real Estate Brokerage Phone: 562-754-0660 License #02113110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1922

Lot Details

  • 5,124 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,362 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Tax Tract Number 2282
  • Assessor Parcel Number 5115032014
  • $398 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $48,168
  • Net Operating Income $48,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,788

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5115032014
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 253.60

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5124.00
  • Lot Size Acres: 0.1176

Multi Family

  • Gross Income: 48168.00
  • Gross Scheduled Income: 48168.00
  • Lot Size Area: 5124.0000 Square Feet
  • Net Operating Income: 48168.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 2
  • Tax Lot: 14
  • Tax Tract Number: 2282.2
  • TaxOtherAnnualAssessmentAmount: 398.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,788 $118,157 $46,122 $72,035
2024 $1,788 $115,841 $45,218 $70,623
2023 $1,761 $113,571 $44,332 $69,239
2022 $1,689 $111,345 $43,463 $67,882
2021 $1,657 $109,162 $42,611 $66,551
2020 $1,666 $108,044 $42,175 $65,869
2019 $1,614 $105,927 $41,349 $64,578
2018 $1,545 $103,851 $40,539 $63,312
2016 $1,453 $99,820 $38,966 $60,854
2015 $1,436 $98,321 $38,381 $59,940
2014 $1,461 $96,396 $37,630 $58,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $599,000 -- $254 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Nextitle
Interfamily Deed Transfer -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $266,000 New Conventional
Closed $260,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25258950

California Regional Multiple Listing Service (CRMLS)

APN: 5115-032-014