Active

210 W 43rd Place

Los Angeles, CA 90037

$3,600,000 $15,177/Mo

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Overview

Bed

Bath

14,088

Sqft

6,347

Sqft(Lot)

Description

Following its second price reduction, 210 W. 43rd Pl. is now offered at $3,600,000, or $120,000 per unit, positioning a 30-unit asset at a basis that now sits below several recent sales in the immediate area. At the current pricing, the property operates at a 6.81% CAP and 8.56 GRM on in-place rents, combining scale and day-one income in a way that is increasingly difficult to find at this level. The property consists of (30) studio units originally built in 1926. The configuration is straightforward, with a consistent unit mix that simplifies renovation planning and ongoing management. Several units have already been updated with tile flooring, improved cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans, providing a clear path for continued interior upgrades across the remain ing units. Two units are currently vacant, allowing a buyer to begin renovations and lease-up immediately and establish updated rent levels early in the hold period. The existing layouts provide practical living space with natural light, creating a repeatable framework for unit turns without requiring reconfiguration. Located in Historic South-Central, 210 W. 43rd Pl. sits within close proximity to USC, Exposition Park, the LA Memorial Coliseum, BMO Stadium, and The Shrine Auditorium. These long-standing institutional anchors continue to support consistent housing demand tied to education, healthcare, and event-driven employment. The property also benefits from direct access to Vermont Ave. and Western Ave., connecting residents to Downtown Los Angeles and surrounding employment corridors. At $120,000 per unit with a 6.81% CAP and 8.56 GRM on current rents, 210 W. 43rd Pl. offers 30 units of scale at a basis that now sits below recent comparable sales, with a clear path to improving operations through a consistent renovation approach.

Property Details

Property Type : Residential Income

Price : $3,600,000

AD Id : 74175423

MLS Id : 26637193

Lot Size : 6,347 Sqft

Living Area Size : 14,088

Year Built : 1926

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 0

Bathroom Information

Total Baths: 30 Full Baths: 0 Half Baths: 0
Interior Features

Interior Features: Ceiling Fan(s) Property Appliances: Refrigerator Flooring: Tile
Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1926 Building Area Total: 14,088
Security Features

Key Card Entry
Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1457
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6347

Listing Price Information

Original List Price: 3,600,000 Listing Contract Date: 2026-01-13
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5111010012

Garage and Parking

Garage Description: None

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Located just north of the intersection of Broadway and Vernon, the subject property is approx. 1 mile from Exposition Park, and approx. 2 miles from the USC Village. Zoning: LAR2 Source Property Type: Residential Income Area: C42 - Downtown L.A.
Building and Construction

Property Age: 100 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 14088 Property Attached: Yes Levels or Stories: Multi/Split

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4125 S Figueroa #202, Los Angeles, CA, 90037	$305,000	1	1	542	542 SqFt
4125 Figueroa Street #218, Los Angeles, CA, 90037	$279,000	1	1	581	581 SqFt

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ByOwner last updated this listing 06/11/2026 @ 04:48

MLS: 26637193 LISTED BY: Max Berger, Compass 310-230-5478 SOURCE: CRMLS