3206 West 43rd Place

Los Angeles, CA 90008

$999,999
Price
4
Beds
4
Baths
4,042 Sq. Ft.
$247 / Sq. Ft.
4,042
Sq. Ft.
$247
per Sq. Ft.

Description

Excellent opportunity to acquire a solid investment property in Leimert Park. This TOC Tier 3 zoned building features four 1-bedroom units, each with in-unit laundry. The units showcase charming characteristics coveted in this area - wood beam ceilings, hardwood floors, generous room sizes, bathrooms with period piece bathroom tiles and separate tubs and showers. Electrical updates and central air and heat enhance the appeal. The property has stable tenants and is in a highly rentable location, near...Excellent opportunity to acquire a solid investment property in Leimert Park. This TOC Tier 3 zoned building features four 1-bedroom units, each with in-unit laundry. The units showcase charming characteristics coveted in this area - wood beam ceilings, hardwood floors, generous room sizes, bathrooms with period piece bathroom tiles and separate tubs and showers. Electrical updates and central air and heat enhance the appeal. The property has stable tenants and is in a highly rentable location, near the Crenshaw and Expo lines, Baldwin Crenshaw Mall, new Costco, just 10 minutes to DTLA, and 3 miles from USC. +One unit will be vacant at closing, making it ideal for investors or owner-occupants. Great location with cash cow potential. Drive by only write offer STI, some areas have been virtually staged. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, rent potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
  1. Listed by Pila Jessie • DRE #01324968 • Brokerage DRE #01324968 • KHORR Realty

Property Details for 3206 West 43rd Place

Zoning
LARD2
Parcel Number
5023010014
Total Units
4.0
Living Area
4042
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
25%
Lot Size Area
5008
LISTING UPDATED: 12/26/2024 09:15 AM

Property Details for 3206 West 43rd Place

StatusActive
MLS #24-458149
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.11 AC / 5,008 SF
CountyLos Angeles County

Building Information for 3206 West 43rd Place

Stories-Residences-Year Built1936Building Size-Lot Size0.11 AC / 5,008 SF

Property Information for 3206 West 43rd Place

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 4 units
Contract Info
Contract Info
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,416
  • Net Operating Income: $64,044.00
  • Gross Income: $73,416
  • Gross Rent Multiplier: $13.62
  • Actual Gross Annual Income: $73,416
  • Total Annual Expense: 9372
  • Water Expense: $3,900.00
  • Gardener Expense: $840
  • Insurance Expense: $4,632
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.115
  • Lot Size Square Feet: 5008
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 0
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-30-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,352.00
  • Unit Actual Rent: $1,352.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,430.00
  • Unit Actual Rent: $1,430.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $936.00
  • Unit Actual Rent: $936.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $457,776.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $686,664.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $1,144,440.00

Property History for 3206 West 43rd Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3206 West 43rd Place

Taxable ValueLand$700,397Additions$466,931Total$1,167,328
Tax Record2024$14,538 ($1,211 / month)
Home Facts
Total Finished SqFt4,042 SqFtAbove Grade Finished SqFt4,042 SqFtLot Size5,008 SqFtStyleQuadraplexYear Built1936ZoningLARD2CountyLOS ANGELESAPN5023-010-014

Schools near 3206 West 43rd Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 10
Rating
School
Distance
Forty-Second Street Elementary School
PublicK to 5

Iovine and Young Center
Public9 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3206 West 43rd Place is a multi-family home for sale in Los Angeles, CA 90008. This property was listed for sale on October 29, 2024 by KHORR Realty, it's currently listed at $999,999. It has been on the market for a total of 62 days and was last sold on November 17, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Second Street Elementary School, ICEF View Park Preparatory Accelerated Charter Middle School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 3206 West 43rd Place is a 4-bed, 4-bath, 4,042 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KHORR Realty, Pila Jessie, DRE #01324968

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.