831 W 43rd St
Los Angeles, CA 90037
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,298 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,298 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | LAR3 |
About 831 W 43RD ST , LOS ANGELES, CA 90037
Marcus & Millichap is pleased to present 831 West 43rd Street in Los Angeles, California. This eight-unit multifamily offering built in 1961 has six two-bedroom/one-bathroom and two one-bedroom/one-bathroom units. The property is within one mile of University of Southern California and is just south of Exposition Park, which houses the Los Angeles Memorial Coliseum (home of the Los Angeles Rams), Banc of California Stadium (home of the Los Angeles Football Club), California Science Center and Natural History Museum of Los Angeles County. The Metro Expo Line light rail which connects Santa Monica to Downtown Los Angeles is accessible one mile north, and the freeway entrance is merely a half mile east at the interchange of Interstate 110 and Vernon Avenue. Downtown Los Angeles and the Staples Center (home of the Los Angeles Lakers) is three miles north. With current tenants paying more than 50% below market, this asset offers a unique opportunity to reposition and capture a significant upside in rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 5019-006-013 | Improvements Assessment | $256,567 |
| Land Assessment | $1,026,275 | Total Assessment | $1,282,842 |
Property Taxes
