$825,000
SOLD OCT 31, 2025
6 Beds
4 Baths
2,136 Sq Ft
5,005 Sq Ft Lot

Recently Sold

$386 Per Sq Ft

13 Days on Market

About This Home

As of October 2025

We are pleased to present 1490 E 43rd St, a 4-unit multifamily property in Los Angeles, offered at a 9.67 GRM and 7.18% CAP on current rents with upside potential to achieve a 7.90 GRM and 9.42% CAP with proforma rent. The property consists of two separate duplexes offering a total of 2,136 rentable square feet with ALL units delivered FULLY OCCUPIED. Built in 1927, both structures are situated on a 5,003 square foot LAR2 zoned corner lot with alley access. The unit mix consists of two (2) two bedroom one-bathroom unit and two (2) one bedroom one-bathroom units with ALL units having been renovated. Located 0.4 Miles to the Vernon Station for the A Line, as well as a number of nearby bus stops, the property offers easy access to Downtown Los Angeles, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, various employment opportunities and nearby tenant amenities. Contact the listing broker for additional information.

Last Agent to Sell the Property

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 09/23/2025

Co-Listed By

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Last Buyer's Agent

Elizabeth Sanchez

COMPASS License #02082844

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,003 Sq Ft Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 5116-008-001

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

5,003 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Floor: 1
  • Living Area: 2136
  • Lot Acreage: 0.1149
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 386.24

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 28.57
  • Assessed Improvement Value: 167325
  • Assessed Land Percent: 71.43
  • Assessed Land Value: 418317
  • Total Assessed Value: 585642
  • Assessor Parcel Number: 5116-008-001
  • Lot Description: Single Lot
  • Lot Size Area: 5003

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.67
  • Number Of Units: 4
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2025
Closed on
Oct 28, 2025
Sold by
Sola Impact Fund Ii Lp
Bought by
Rodriguez Corona Guillermo and Aybarth Torres Ernesto
Seller's Agent
Casey Lins
Kidder Mathews of California, Inc.
Buyer's Agent
Elizabeth Sanchez
COMPASS
List Price
$825,000
Sold Price
$825,000
Views
8
Current Estimated Value
$820,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,969
Avg. Annual Appreciation
-1.50%
Original Mortgage
$618,750
Outstanding Balance
$616,983
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$203,048

Purchase Details

Closed on
Jan 27, 2022
Sold by
Sola Impact Fund Ii Lp
Bought by
First Republic Bank

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 28, 2017
Sold by
Moreno Celia Coronado and Torrez Celia Coronado
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
Rogelio Flores
Coldwell Banker Envision
Buyer's Agent
Rogelio Flores
Coldwell Banker Envision
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Dec 17, 1993
Sold by
Jhala Harishchandra D and Jhala Kushum Harish
Bought by
Torrez Celia Coronado
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $825,000 Provident Title
Grant Deed $525,000 Orange Coast Title Company
Grant Deed -- First American Title Company
Deed -- Provident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $825,000 0.0% $386 / Sq Ft
10/06/2025 10/06/25 Pending -- -- --
09/23/2025 09/23/25 For Sale $825,000 +57.1% $386 / Sq Ft
01/15/2018 01/15/18 Sold $525,000 0.0% $246 / Sq Ft View Prior Sale
11/18/2017 11/18/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $525,000 -4.4% $246 / Sq Ft
10/02/2017 10/02/17 Price Changed $549,000 -4.5% $257 / Sq Ft
09/08/2017 09/08/17 For Sale $575,000 -- $269 / Sq Ft
Source: The MLS

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 $7,471 $597,354 $426,683 $170,671
2024 $7,471 $585,642 $418,317 $167,325
2023 $7,331 $574,160 $410,115 $164,045
2022 $6,999 $562,903 $402,074 $160,829
2021 $6,908 $551,867 $394,191 $157,676
2019 $6,707 $535,500 $382,500 $153,000
2018 $1,968 $136,450 $66,423 $70,027
2016 $1,863 $131,153 $63,845 $67,308
2015 $1,840 $129,183 $62,886 $66,297
2014 $1,873 $126,654 $61,655 $64,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25593233

The MLS

APN: 5116-008-001

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