CA > Los Angeles
Los Angeles, CA 90011,886 -894 E 43rd PL
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Los Angeles, CA 90011,886 -894 E 43rd PL
Los Angeles, CA 90011,886 -894 E 43rd PL
Los Angeles, CA 90011,886 -894 E 43rd PL
Los Angeles, CA 90011,886 -894 E 43rd PL
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James Shelby

James Shelby

+1(909) 851-9208
$ 1,600,000
Est. payment /mo
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886 -894 E 43rd PL Los Angeles, CA 90011

19 Beds

7 Baths

6,508 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,508 sqft

Price per Sqft $245

MLS Listing ID 25533565

Bedrooms 19

HOA Y/N No

Year Built 1960

Lot Size 0.310 Acres

Property Description

Part of a 4 Building Portfolio! Can be sold individually or as a portfolio. Listed at an 8.37% cap rate, 886-894 E. 43rd Pl. offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of two separate buildings on two adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Refrigerator

Laundry None

Exterior

Parking Features Assigned

Pool None

View Y/N Yes

View City Lights

Porch None

Total Parking Spaces 7

Private Pool No

Building

Lot Description Rectangular Lot

Faces North

Story 1

Entry Level One

Sewer Other

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID UNAVAILABLE

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by William James • Lyon Stahl Investment Real Estate, Inc.
agent

James Shelby

CEO Shelby Sold Team | License ID: 01934670

+1(909) 851-9208

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886 -894 E 43rd PL