Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1037 43rd Street, Los Angeles, CA 90037
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    1037 43rd Street
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    • MLS#: MB25026681 ( Townhouse )
    • Street Address: 1037 43rd Street
    • Viewed: 4
    • Price: $3,145,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2024
    • Bldg sqft: 0
    • Days On Market: 57
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90037
    • Provided by: CENTURY 21 REALTY MASTERS
    • Contact: XIO XIO
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      5 units newly built (2024) step into immediate cash flow: 4 units are now leased #1: $4,400, #2: $4,250 & #3: $4,200, #4: (2bdr) $2,700, & #5 will be delivered leased at $4,200! 1037 w. 43rd st is a 5 unit townhouse style apartment building located in the ultra hot los angeles 90037 neighborhood adjacent to the bmo stadium, la coliseum, exposition park, usc village and the coming soon lucas museum. Completed in fall 2024, this property is composed of 2 detached three story structures with a combined 8,250 sqft of rentable space sitting on a large lot with enough space for easy entry and exit access. Additional sq ft of 1,084: (1) 2 car attached tandem garage & 1 car attached garage. The units at this property are significantly larger than other for rent units typically found in the new construction market and are perfectly positioned for multi generational families and work from home roommate environments. Non rent controlled 4 units made up of 4 large bedrooms 4 bathrooms + 1 unit with 2 bedrooms and 2 bathrooms. In addition to the high return, buyers will enjoy other perks of the tastefully designed drought tolerant landscaping, fully equipped with stoves, refrigerators, over the range microwave, dishwasher, a 1 year builders warranty, little to no maintenance, separate meters for gas, water & electric, fully paid off solar panels, and extreme desirability amongst renters for years to come! Tour this property today and embark on a journey of luxury, style and urban living at its finest in los angeles. All commuters will enjoy the close proximity to the interstate freeways 10, 110 & 105 connecting residents to employment hubs throughout los angeles and south bay cities. This is the perfect income producing property you must add this to your portfolio: we welcome 1031 exchange, cash and financed buyers call listing agent today! Current monthly income: $15,550!
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    Features
    Appliances
    1. Dishwasher
    2. Disposal
    3. Gas Range
    4. Gas Cooktop
    5. Gas Water Heater
    6. Ice Maker
    7. Microwave
    8. Range Hood
    9. Refrigerator
    10. Tankless Water Heater
    Architectural Style
    1. Contemporary
    Assessments
    1. Unknown
    Association Fee
    1. 0.00
    Building Area Total
    1. 8250.00
    Commoninterest
    1. None
    Common Walls
    1. 1 Common Wall
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 150
    Entry Location
    1. ground level
    Fencing
    1. Wood
    2. Wrought Iron
    Fireplace Features
    1. None
    Flooring
    1. Laminate
    Foundation Details
    1. Raised
    Garage Spaces
    1. 3.00
    Heating
    1. Central
    Inclusions
    1. All existing appliances and window blinds.
    Insurance Expense
    1. 4000.00
    Interior Features
    1. Balcony
    2. Living Room Balcony
    3. Quartz Counters
    4. Recessed Lighting
    Laundry Features
    1. Inside
    Levels
    1. Three Or More
    Lockboxtype
    1. See Remarks
    Lot Features
    1. Lot 6500-9999
    2. Yard
    Netoperatingincome
    1. 0.00
    Parcel Number
    1. 5020026005
    Parking Features
    1. Assigned
    Pool Features
    1. None
    Postalcodeplus4
    1. 2402
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Townhouse
    Property Condition
    1. Turnkey
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 431652021:CRM
    Spa Features
    1. None
    Tenant Pays
    1. All Utilities
    Totalactualrent
    1. 15550.00
    Totalexpenses
    1. 5500.00
    Trash Expense
    1. 1500.00
    Uncovered Spaces
    1. 5.00
    View
    1. Neighborhood
    Water Source
    1. Private
    Window Features
    1. Blinds
    Year Built
    1. 2024
    Year Built Source
    1. Builder
    Zoning
    1. LAR3
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836