$785,000

Estimated payment $4,863/month

Total Views 375
4 Beds
4 Baths
2,100 Sq Ft
$374 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Living Room
  • 1-Story Property
  • No HOA
  • Park
  • 3-minute walk to Gilbert Lindsay Recreation Center

About This Home

**OPEN HOUSE Sept 12 & 13th 1:00pm - 4:00pm*****Opportunity to acquire a 4-unit multifamily property at 427 E 43rd Street, Los Angeles, CA, offering investors the ability to acquire a well-located asset with immediate rental income, renovated units, and additional upside through lease-up and repositioning. The property consists of four (4) 1-bedroom / 1-bath units totaling approximately 2,100 SF on a 5,120 SF lot. Two units are currently occupied, generating $1,150 and $1,400 per month, while the remaining two units have been fully remodeled and are available for showing, providing an opportunity for a new owner to establish current market rents. The property features both front and rear access, allowing for convenient vehicle entry and parking within the property, with the potential for one vehicle per unit. One of the property's key advantages is its location. The property is just one street away from Gilbert Lindsay Recreation Center, providing convenient access to open recreational space, a soccer field, baseball field, and a designated area for pets. The property is also located less than 2 miles from Downtown Los Angeles' Fashion District and less than 2 miles from USC, placing residents near major employment, education, retail, dining, and entertainment destinations.

Listing Agent

Joanna Corona

Real Brokerage Technologies Brokerage Phone: 626-428-4730 License #02130871 Listed on: 09/07/2026

Real Brokerage Technologies

Co-Listing Agent

Evelyn Baez Gonzalez

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 626-428-4730 License #02103055

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 5,120 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Available
  • Paved Parking

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 2
  • Assessor Parcel Number 5113010009
  • $462 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Recreation

  • Park

Building Details

  • Rent Control
  • Insurance Expense $2,500
  • Net Operating Income $51,989

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

5,120 Sq Ft Lot

Listing Details

  • CapRate: 6.61
  • Property Attached: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5113010009
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 373.81
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5120.00
  • Lot Size Acres: 0.1175

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Average Studio Area: 450 Square Feet
  • Gross Multiplier: 9.76
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5120.0000 Square Feet
  • Net Operating Income: 51989.00
  • Number Of Units Total: 4
  • Operating Expense: 24842.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 131
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 462.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $6,127 $486,666 $283,360 $203,306
2025 $6,127 $477,131 $277,808 $199,323
2024 $6,061 $467,776 $272,361 $195,415
2023 $5,950 $458,605 $267,021 $191,584
2022 $5,683 $449,614 $261,786 $187,828
2021 $5,607 $440,799 $256,653 $184,146
2020 $3,371 $252,582 $108,055 $144,527
2019 $3,249 $247,631 $105,937 $141,694
2018 $3,135 $242,776 $103,860 $138,916
2016 $2,977 $233,351 $99,828 $133,523
2015 $2,936 $229,847 $98,329 $131,518
2014 $2,970 $225,345 $96,403 $128,942
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
09/07/2026 09/07/26 For Sale $785,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Interfamily Deed Transfer -- First American Title Company
Grant Deed $187,000 Fidelity National Title Co
Trustee Deed $144,210 First American Title Ins 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 Loan Amount Loan Type
Open $144,000 New Conventional
Closed $257,436 Fannie Mae Freddie Mac
Closed $184,382 FHA
Closed $184,395 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV26194679

California Regional Multiple Listing Service (CRMLS)

APN: 5113-010-009

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