About 1490 43rd Street
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.
Features of 1490 43rd Street
| MLS® # | 25593233 |
|---|---|
| Price | $825,000 |
| Sold Price | $825,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 2,136 |
| Lot Sqft | 5,003 |
| Acres | 0.11 |
| Year Built | 1927 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 1490 43rd Street |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90011 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Driveway |
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | September 23rd, 2025 |
|---|---|
| Date Sold | October 31st, 2025 |
| Days on Market | 13 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Casey Lins |
|---|---|
| Office | Kidder Mathews of California, Inc. |