1242 E 43rd St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $3,742/month
Highlights
- No HOA
- Wall Furnace
- 1-Story Property
About This Home
Welcome to 1242 E. 43rd Place, Los Angeles—an outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset. The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns. Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio. Whether you’re a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles’ most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.
Listing Agent
Samuel G. Castorena Jr Brokerage Phone: 626-253-5129 License #01264865 Listed on: 07/22/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 5,402 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,297 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Tax Tract Number 4
- Assessor Parcel Number 5115035015
- $455 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $3,000
- Insurance Expense $2,121
- Trash Expense $3,000
- Water Sewer Expense $3,000
- Operating Expense $6,000
- Net Operating Income $37,776
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,416 | $417,803 | $220,507 | $197,296 |
| 2024 | $5,360 | $409,612 | $216,184 | $193,428 |
| 2023 | $5,262 | $401,582 | $211,946 | $189,636 |
| 2022 | $5,028 | $393,709 | $207,791 | $185,918 |
| 2021 | $4,958 | $385,990 | $203,717 | $182,273 |
| 2020 | $5,002 | $382,034 | $201,629 | $180,405 |
| 2019 | $4,816 | $374,544 | $197,676 | $176,868 |
| 2018 | $4,694 | $367,200 | $193,800 | $173,400 |
| 2016 | $5,339 | $425,801 | $175,336 | $250,465 |
| 2015 | $5,264 | $419,406 | $172,703 | $246,703 |
| 2014 | $5,298 | $411,191 | $169,320 | $241,871 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $599,999 | +66.7% | $261 / Sq Ft | |
| 09/16/2016 09/16/16 | Sold | $360,000 | -1.4% | $157 / Sq Ft | View Prior Sale |
| 07/15/2016 07/15/16 | For Sale | $365,000 | -- | $159 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $360,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $200,000 | Stewart Title Riverside | |
| Grant Deed | $465,000 | Natc | |
| Grant Deed | -- | Natc | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Grant Deed | $260,000 | Southland Title Company |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | New Conventional | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $372,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $44,000 | Unknown | |
| Previous Owner | $208,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26153841
APN: 5115-035-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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