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3206 W 43RD Pl

Los Angeles, CA 90008
  • $1,260,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 22-151059
UPDATED: 24 min ago
$1,260,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,042
    SQFT
  • $312
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

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 the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128179800
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3206 W 43RD Pl Los Angeles, CA 90008

  • Price: $1,260,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 24 min ago
  • MLS #: 22-151059
4
Beds
0
Baths
0
½ Baths
0.12
Acres
4,042
SQFT
$312
$/SQFT
1936
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
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

Covered Parking 4 Garage Structures Total 2 Lot Size Area 5008 Other Structures None Parking Garage Built-In StorageCovered ParkingDetachedGarage Is DetachedOn Street Patio Features CoveredBalcony Pool Description None Pool YN No Spa None Spa YN No Style Spanish Tennis Court None Tennis YN No Total Parking 4

Interior Features

Bathroom Features Tub Only Baths Total 4.00 Cooking Appliances Cooktop - GasOven-Gas Cooling Air ConditioningCentral Den Yes Dining Room Yes Equipment Ceiling FanDryerHood FanWasher Family Room No Flooring Hardwood Heating Central Interior Features Storage Space Laundry In Unit Laundry Equipment Own Rooms Breakfast AreaBreakfastDenDining RoomDining AreaPatio CoveredPantry

Property Features

Assessed Total Value 1100000 Gross Income 63000 Gross Operating Income 63000 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 59400.00 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterOtherGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 3600 Type Of Units 1 Bed1 Bat Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Oliver Ghadoushi DRE# of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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