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Listed by: Samuel Castorena (626) 253-5129 DRE #01264865 | Samuel G. Castorena Jr (626) 253-5129
$599,999
Monthly Est:$2,986
5 Beds
3 Baths
2,297sqft
1242 East 43rd, Los Angeles, CA 90011
$599,999
$2,986/moEst:
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Triplex
Built in 1930
$-- HOA
5,402 sqft lot
$261/sq.ft
Description
Welcome to 1242 E. 43rd Place, Los Angeles—an outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset.
The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns.
Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio.
Whether you’re a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles’ most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.
- Houzeo last checked: 4 minutes ago
- Listing updated: July 23, 2026 at 1:24 pm
- Source: California Regional MLS-CA | MLS#: TR26153841
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
2,297 sqft
Lot Size
5,402 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
TR26153841
MLS Status
Active
Days on Market
104
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Sewer
Public Sewer
Cooling
None
Heating
Wall Furnace
Utilities & Energy
Water Source
Public
Laundry Features
None
Pool Features
None
Fireplace Features
None
Utilities
Electricity Available, Sewer Connected
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Curbs
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
07/22/2026 Source: | Listed for Sale | $599,999 $261/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 05:45AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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