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3206 W 43RD Place

Los Angeles (City), CA 90008
  • $1,260,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 22151059
UPDATED: 35 min ago
$1,260,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Listing Agent(s): Oliver Ghadoushi of Compass (310-230-5478) and Samira Tapia of ()


Description

Compass is pleased to present the opportunity to acquire 3206 W 43rd Place, a 4-unit multi-family property located in the desirable Leimert Park submarket of Los Angeles. The opportunity presents both an owner-user or investor an ideal, well-maintained fourplex with a value-add component and strong in-place cap rate. The property will be delivered with one (1) unit vacant at the close of escrow, offering rental upside for an investor immediately upon acquisition, and an owner-user the ease and ability to occupy a 1 bed, 1 bath unit. Leimert Park is a supply-constrained market with a low supply of similar available multi-family product and low vacancy rental market. With a number of favorable amenities within walking distance to the property and spurred development in the local area, the investment is well-positioned with both present and future upside capabilities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128180480
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3206 W 43RD Place Los Angeles (City), CA 90008

  • Price: $1,260,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 35 min ago
  • ID#: 22151059
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1936
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Compass is pleased to present the opportunity to acquire 3206 W 43rd Place, a 4-unit multi-family property located in the desirable Leimert Park submarket of Los Angeles. The opportunity presents both an owner-user or investor an ideal, well-maintained fourplex with a value-add component and strong in-place cap rate. The property will be delivered with one (1) unit vacant at the close of escrow, offering rental upside for an investor immediately upon acquisition, and an owner-user the ease and ability to occupy a 1 bed, 1 bath unit. Leimert Park is a supply-constrained market with a low supply of similar available multi-family product and low vacancy rental market. With a number of favorable amenities within walking distance to the property and spurred development in the local area, the investment is well-positioned with both present and future upside capabilities.
Exterior Features

Architectural Style Spanish Carport YN Yes Parking Features CoveredDetached CarportOn StreetStorage Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances Gas CooktopGas OvenDryerWasher Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Storage

Property Features

Association Fee 0 Disclosures Rent Control Garage YN Yes Gross Income 63000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 59400 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Oliver Ghadoushi of Compass (310-230-5478) and Samira Tapia of ()