427 E 43rd St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated payment $4,863/month
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
Real Brokerage Technologies Brokerage Phone: 626-428-4730 License #02130871 Listed on: 09/07/2026
Co-Listing Agent
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
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 |
|---|---|---|---|---|
| 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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26194679
APN: 5113-010-009
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Ask me questions while you tour the home.