$ 3,600,000
-
$3,600,000
Price -
0
Bed -
30
Bath -
14,088
SqFt
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About the Listing X81461 - C135509
Following its second price reduction, 210 W. 43rd Pl. is now offered at $3,600,000, or $120,000 per unit, positioning a 30-unit asset at a basis that now sits below several recent sales in the immediate area. At the current pricing, the property operates at a 6.81% CAP and 8.56 GRM on in-place rents, combining scale and day-one income in a way that is increasingly difficult to find at this level. The property consists of (30) studio units originally built in 1926. The configuration is straightforward, with a consistent unit mix that simplifies renovation planning and ongoing management. Several units have already been updated with tile flooring, improved cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans, providing a clear path for continued interior upgrades across the remaining units. Two units are currently vacant, allowing a buyer to begin renovations and lease-up immediately and establish updated rent levels early in the hold period. The existing layouts provide practical living space with natural light, creating a repeatable framework for unit turns without requiring reconfiguration. Located in Historic South-Central, 210 W. 43rd Pl. sits within close proximity to USC, Exposition Park, the LA Memorial Coliseum, BMO Stadium, and The Shrine Auditorium. These long-standing institutional anchors continue to support consistent housing demand tied to education, healthcare, and event-driven employment. The property also benefits from direct access to Vermont Ave. and Western Ave., connecting residents to Downtown Los Angeles and surrounding employment corridors. At $120,000 per unit with a 6.81% CAP and 8.56 GRM on current rents, 210 W. 43rd Pl. offers 30 units of scale at a basis that now sits below recent comparable sales, with a clear path to improving operations through a consistent renovation approach.
Listing Highlights
Status
Active
Days on Site
114
Property Type
Multi-Family
MLS ®
26637193
Year Built
1926
Total Square Footage
14,088
Lot/Acreage
N/A
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 30 Full
- Appliances:
- Air Cond: Wall Unit(s),Ceiling Fan
- Heating: Wall
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR2
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
210 W 43rd Pl Los Angeles, CA 90037
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