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5 UNITS - NEWLY BUILT (2024)- STEP INTO IMMEDIATE CASH FLOW: 4 UNITS ARE NOW LEASED #1: $4,400, #2: $4,250 & #3: $4,200, #4: (2BDR) $2,700, & #5 will be delivered leased at $4,200! 1037 W. 43rd St is a 5-UNIT townhouse style apartment building located in the ultra-hot Los Angeles 90037 neighborhood adjacent to the BMO Stadium, LA Coliseum, Exposition Park, USC Village and the Coming Soon Lucas Museum. Completed in Fall 2024, this property is composed of 2-detached three-story structures with a combined 8,250 SQFT of rentable space sitting on a large lot with enough space for easy entry and exit access. Additional Sq ft of 1,084: (1) 2 car attached tandem garage & 1 car attached garage. The units at this property are significantly larger than other for-rent units typically found in the new construction market and are perfectly positioned for multi-generational families and work-from-home roommate environments. NON-RENT-CONTROLLED 4-units made up of 4 large bedrooms 4 bathrooms + 1 unit with 2 bedrooms and 2 bathrooms. In addition to the high return, buyers will enjoy other perks of the tastefully designed drought tolerant landscaping, fully equipped with stoves, refrigerators, over the range microwave, dishwasher, a 1-year builder’s warranty, little to no maintenance, separate meters for gas, water & electric, fully paid off solar panels, and extreme desirability amongst renters for years to come! Tour this property today and embark on a journey of Luxury, Style and Urban Living at its Finest in Los Angeles. All commuters will enjoy the close proximity to the interstate freeways 10, 110 & 105 connecting residents to employment hubs throughout Los Angeles and South Bay Cities. This is the perfect income producing property-you must add this to your portfolio: we welcome 1031 exchange, cash and financed buyers-call listing agent today! Current monthly income: $15,550!
Last Updated | 2/5/2025 | Year Built | 2024 |
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Community | Los Angeles Southwest | Garage Spaces | 3.0 |
County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater |
AREA | Los Angeles Southwest |
GARAGE | Assigned, Yes |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | Balcony, Bedroom on Main Level, Main Level Primary, Quartz Counters, Recessed Lighting |
LOT | 6320 sq ft |
LOT DESCRIPTION | Yard |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 3 |
STYLE | Contemporary |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood |
WATER | Private |
ZONING | LAR3 |
Location
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