661 E 43rd Place, Los Angeles, CA 90011
- $649,000
- List Price
- $649,000
- Status
- ACTIVE
- MLS#
- DW26179898
- Year Built
- 1909
- Lot Size
- 5,121
- Acres
- 0.12
- Lot Location
- Rectangular Lot
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
*** Excellent investment opportunity with high rents!!! *** This property features 3 well-maintained units with a strong 8.62% cap rate and $6,100 in monthly gross rents / $73,020 annually. Unit 661 features 1 bedroom and 1 bathroom with new flooring throughout unit, new fixtures, and fresh interior paint. Unit 661 1/2 is a 1 bedroom and 1 bathroom well maintained unit, while Unit 661 3/4 offers 3 spacious bedrooms, 1.5 bathrooms, new bedroom and main-bath flooring, new fixtures, and central A/C and heat. Strong income, attractive cap rate, and updated units make this a compelling addition to an investor’s portfolio.
Additional Information
- Taxes
- $7,959
- Pool Description
- None
- Heat
- Central, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $73,020
- Operating Expense
- 17096
Listing courtesy of Listing Agent: Anthony Manjarrez (amanjarrez.tmg@gmail.com) from Listing Office: ehomes.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.