Los Angeles, CA 90011 886 -894 E 43rd Place
$1,600,000
5 more
Presented By: William James with Lyon Stahl Investment Real Estate, Inc.;
Beds • 19
Baths • 7
SQFT • 6,508
Year Built • 1960
Home Details
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.
Presented By: William James with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 886 -894 E 43rd Place
Bedrooms
Total Bedrooms19
Bathrooms
Half Baths0
Total Baths7
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories1
Other Rooms
Entry Level1
General for 886 -894 E 43rd Place
Additional Parcels Y/NYes
AppliancesRefrigerator
Architectural StyleTraditional
Attached Garage No
Cap Rate8.37
Carport Y/NNo
CityLos Angeles
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
DirectionsExit Vernon off the 110 fwy heading East. Turn North on McKinley and East on 43rd. Property is on the South side of the street.
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Facing DirectionNorth
Full Baths
Garage Y/NNo
Gross Income190362.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet13494.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income133923.0
New ConstructionNo
Number Of Units Total7
Occupancy TypeTenant
Open Parking Spaces5.0
Patio/Porch FeaturesNone
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas
ViewCityLights
Year Built1960
Year Built SourceAssessor
ZoningLARD2
Exterior for 886 -894 E 43rd Place
Building Area Total6508.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x135
Lot FeaturesRectangularLot
Lot Size Acres0.3098
Lot Size Area13494.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking7.0
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
