Los Angeles, CA 90011 1148 E. 43rd
$2,250,000
15 more
Presented By: Charles Lundie with AOA Commercial Brkrge; 818-321-2258
- MLS# SR25135729
- 06/17/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 28
Baths • 13
SQFT • 11,728
Garage • 8
Home Details
Big upside potential! 14 units, all 2 bedroom + 1 bath. Current GRM 9.67; CAP Rate 6%. Cost Per Unit is $160,714. Cost per Sq. Ft. is $192. Approx. 11,728 bldg. sq, ft, and lot size approx. 11,939 sq. ft.. 8 garages with units above. Tenants pay gas & electric.
Presented By: Charles Lundie with AOA Commercial Brkrge; 818-321-2258
Interior Features for 1148 E. 43rd
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1148 E. 43rd
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.0
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
DirectionsCentral Ave. / Hooper Ave.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income236892.0
HOANo
Home Warranty Y/NNo
Insurance Expense9000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Submit
Lot Size Square Feet11939.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income134921.0
New ConstructionNo
Number Of Units Total14
Operating Expense97318.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NYes
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot5-6
Trash Expense9000.0
Water Sewer Expense14400.0
Year Built1930
Year Built SourceAssessor
Exterior for 1148 E. 43rd
Building Area Total11728.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.2741
Lot Size Area11939.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters15
Number of Separate Gas Meters14
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate