1159 E 43rd Place, Los Angeles CA, 90011
(Active)
$580,000
|
|
MLS# OC24064291
Last Updated: 5/7/2024 11:06 AM
Description for
1159 E 43rd Place
Los Angeles, CA 90011
LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance
Price
$580,000
Los Angeles
OC24064291
Active
Description
LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this propertys immense potential for your investment goals. Don't miss out on this chance
Listing Information
| Property Type: Land, Other | ||
| 0.11 Acres | Assessor | |
Public
Public Sewer
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Other
LAR2
0-1 Unit/Acre
Driving Directions
Cross Street- S. Central Ave/E. Vernon Ave
Financial Considerations
| 5115033024 |
Cash,Cash to New Loan
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90011 has a population of 3,956,168.
The median household income in Los Angeles, California 90011 is $42,062. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90011 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/26/2024 | Active | $580,000 USD -1.69% |
|
| 4/12/2024 | Active | $590,000 USD -1.67% |
|
| 4/4/2024 | Active | $600,000 USD 17.53% |
|
| 7/6/2022 | Sold | $510,500 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $6,412 USD | 1,167.45% | $510,200 USD | 1,876.52% |
| 2022 | $506 USD | 3.06% | $25,813 USD | 2.00% |
| 2021 | $491 USD | 0.41% | $25,308 USD | - |
| 2020 | $489 USD | 2.30% | $25,308 USD | 1.03% |
| 2019 | $478 USD | 19.50% | $25,050 USD | 2.00% |