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1242 E 43rd

Los Angeles, CA 90011
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Bed 5

Bed

Bath 3

Bath

SqFt5,402

Sqft(Lot)

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 fr eeways 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $599,999

AD Id : 88297378

MLS Id : TR26153841

Beds : 5

Lot Size : 5,402 Sqft

Year Built : 1930

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1930
    Building Area Total: 2297
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5402 Lot Size Acres: 0.124 Lot Size Source: Assessor Lot Size Square Feet: 5,402 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $599999
    CashToNewLoan

  • Tax Information

    Parcel Number: 5115035015 Tax Lot: 4 Tax Block: 3

  • Utility Information

    ElectricityAvailable, SewerConnected
  • Location Information

    Direction: Right on Hooper Right on 43rd place WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1438 E 20th Street, Los Angeles, CA, 90011 $899,999 7 4 3,114 3,114 SqFt
1626 1628 E 32nd, Los Angeles, CA, 90011 $750,000 4 2 1,132 1,132 SqFt
1364 E 20th, Los Angeles, CA, 90011 $699,777 4 2 1,666 1,666 SqFt
1472 E 23rd, Los Angeles, CA, 90011 $908,000 10 6 --
1549 E.33 St., Los Angeles, CA, 90011 $700,000 6 3 2,132 2,132 SqFt
1464 E 23rd, Los Angeles, CA, 90011 $749,998 5 2 --
4314 Morgan, Los Angeles, CA, 90011 $800,000 5 2 1,518 1,518 SqFt
1335 1337 E Adams, Los Angeles, CA, 90011 $2,100,000 14 -- --
4151 Compton Avenue, Los Angeles, CA, 90011 $749,900 6 -- 1,898 1,898 SqFt
4161 Dorsey, Los Angeles, CA, 90011 $540,000 4 3 2,053 2,053 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/24/2026 @ 21:32

MLS: TR26153841 LISTED BY: Samuel Castorena, Samuel G. Castorena Jr 626-253-5129 SOURCE: CRMLS

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