722 W 43rd St
Los Angeles, CA 90037

Bd   Ba   3,634 Sqft   149 Days
This charming 6 unit building is located in a dynamic South LA neighborhood with appreciating rents. Only 7 blocks from The Coliseum, savvy investors recognize this as a desirable and rapidly changing gateway submarket to Downtown Los Angeles. 722 W 43rd St consists of three separate buildings, each containing two units of 1 bedroom, 1 bathroom. With opportunity for two units to turnover and renovation, informed investors should yield potentially far higher rents. Recent rent comps suggest $1,200 or more is achievable. In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price. Buyer's to rely on their own due diligence to confirm rental comps, permitting, value, etc.
  • $0 HOA
  • $220/Sqft
  • MLS#17225166 provided by Scott Rosenberg of RE/MAX ESTATE PROPERTIES
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 3 months ago

Home Features for 722 W 43rd Street, Los Angeles

Year Built: 1929
Lot Size Acres: 0.11
Lot Size Square Feet: 4802
Lot Size Units: Square Feet
Lot Size Area: 4802
Price Per Square Foot: 220.14
Parcel Number: 5019012029
Special Listing Conditions: Standard
Standard Status: Pending
Exterior
Number Of Buildings: 3
Building Area Total: 3634
Number Of Units Total: 6
Amenities / Utilities
Laundry Features: See Remarks
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Property History for 722 W 43rd Street, Los Angeles

Status
Date
Price
Pending
Jun 7, 2017
Listed
May 4, 2017
Pending
Apr 29, 2017
Listed
Apr 26, 2017
$800,000
#17225166

Real Estate Market Statistics for 722 W 43rd Street, Los Angeles

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722 W 43rd Street

No data!
Voices of 90037
Los Angeles
90037
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$800K

722 W 43rd Street

$352K

Voices of 90037

-16% y/y

Voices of 90037

$352K

90037

-17% y/y

90037

$959K

Los Angeles

0% y/y

Los Angeles

See all trends for Los Angeles
As of today, , there are 18 properties listed for sale in ZIP code 90037 and 2,000 properties listed for sale in the city of Los Angeles, CA. Of those 2,000 properties, there are 1,405 single family houses and 595 condos. The current list price for 722 W 43rd St is $800,000, which is 17% below the median price of $959,450 for Los Angeles and 127% above the median of $352,000 for 90037. 722 W 43rd St is approximately 3,634 Sqft, which is 117% above the median size in Los Angeles of 1,672 Sqft and 268% above the median size in 90037 of 988 Sqft. This property's price per square foot is $220, which is 28% below the median in 90037 of $307 and 63% below the Los Angeles median of $597.
Built in 1929, this multi family house at 722 W 43rd St is approximately 3,634 square feet and does not come with a parking spot. It is listed on 04/26/2017 with a cost per Sqft of $220. 722 W 43rd St is located in the Voices of 90037 neighborhood in the Los Angeles Unified School District. The closest school is Manual Arts Senior High School.

722 W 43rd St has been on the market for 149 days. The median days on the market for properties in this area is 42 with a median list price of $959,450 and median cost per square foot of $597. It's currently listed as pending under the MLS #17225166.

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