1037 43rd Street, Los Angeles, CA 90037
Contact Silva Babaian
Schedule A Showing
Request more information
- 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
- DMCA Notice
-
Description5 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!
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Disposal
- Gas Range
- Gas Cooktop
- Gas Water Heater
- Ice Maker
- Microwave
- Range Hood
- Refrigerator
- Tankless Water Heater
Architectural Style
- Contemporary
Assessments
- Unknown
Association Fee
- 0.00
Building Area Total
- 8250.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Days On Market
- 150
Entry Location
- ground level
Fencing
- Wood
- Wrought Iron
Fireplace Features
- None
Flooring
- Laminate
Foundation Details
- Raised
Garage Spaces
- 3.00
Heating
- Central
Inclusions
- All existing appliances and window blinds.
Insurance Expense
- 4000.00
Interior Features
- Balcony
- Living Room Balcony
- Quartz Counters
- Recessed Lighting
Laundry Features
- Inside
Levels
- Three Or More
Lockboxtype
- See Remarks
Lot Features
- Lot 6500-9999
- Yard
Netoperatingincome
- 0.00
Parcel Number
- 5020026005
Parking Features
- Assigned
Pool Features
- None
Postalcodeplus4
- 2402
Professionalmanagementexpense
- 0.00
Property Type
- Townhouse
Property Condition
- Turnkey
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 431652021:CRM
Spa Features
- None
Tenant Pays
- All Utilities
Totalactualrent
- 15550.00
Totalexpenses
- 5500.00
Trash Expense
- 1500.00
Uncovered Spaces
- 5.00
View
- Neighborhood
Water Source
- Private
Window Features
- Blinds
Year Built
- 2024
Year Built Source
- Builder
Zoning
- LAR3