Address
965 W 43rd Place Los Angeles, CA
Price
$ 799,000
Property Attributes
  • MLS#OC20132756
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90037
  • Style
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2195
  • Lot Size5,489 SqFt
Listing Provided Courtesy Of:
Jason Ma with RE/MAX TerraSol.
Property Description

A builder/Investor’s dream! 965 W. 43rd Place offers 3 Bedrooms & 1 Bathroom and 967 W. 43rd Place offers 4 Bedrooms & 3 Bathrooms. This USC adjacent duplex property located near the corner of Vermont Street and West 43rd Place, is in a prime location of L.A. County. This duplex is located in blue-collar South Central which is situated near public transportation and many employment hubs as well as USC and the Museum of Visual Narrative. Occupied with long-term tenants, this duplex is within a short distance to Natural History Museum, LA Memorial Coliseum, Banc of California Stadium, University of Southern California, DTLA, Staples Center, 10/110 freeways, and much more! Oh, and did I mention R-3 zoning? _______ *** Several options to maximize unit count + rental income: (1) Option 1: To Maximize Unit Count Without New Construction - The oversize detached garage could be converted to a third unit. (2) Option 2: To Maximize Unit Count With New Construction - Build another Fourplex behind the existing Duplex. (3) Option 3: To Maximize Unit Count by tearing down the existing duplex and build a 10-unit apartment - This property benefits from a Tier-3 TOC Designation which allows 10 units to be constructed on this R-3 zoning lot.

Price History
7/7/2020 Listed $799,000

General Features

Attached Structure Detached
Community Features Sidewalks, Street Lights
Cooling Wall/Window Unit(s)
Directions This USC adjacent duplex property located near the corner of Vermont Street and West 43rd Place
Garage Spaces 2.00
HOA Fee 0.00
Levels Two
Listagentaor Orange County
Listing Agent Jason Ma - BRE#01859554
Listing Agent State License 01859554
MLS Area C34 - Los Angeles Southwest
Parking Features Driveway, Garage
Pool Features None
Price Per Square Foot 364.01
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 2
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls No Common Walls
Laundry Features None
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 2195.00
Lot Features Back Yard, Front Yard, Walkstreet
Lot Size Acres 0.1260
Lot Size Area 5487.0000
Lot Size Source Assessor
Lot Size Square Feet 5487.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Parking Y/N Yes
Total Parking 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90037

Price
AVG $950K
$800K
Visits
AVG 15
26
Year Built
AVG 1927
1940

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