$3,950,000

210 W 43rd Place, Los Angeles, CA 90037

  • 14,088 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Offered at $131,667 per unit, 210 W. 43rd Place is a 30-unit South LA multifamily offering with strong in-place yield, immediate vacancy-driven upside, and competitive entry pricing relative to recent sales. The property is currently operating at a 6.38% CAP and 9.13 GRM on existing rents, providing a stable income base with near-term upside. The asset offers approximately 17% rental upside compared to renovated units in the surrounding submarket. Based on projected market rents, the property is expected to stabilize at an 8.14% market CAP and 7.80 market GRM. Five units are delivered vacant, allowing a buyer to begin renovation and lease-up immediately without tenant displacement, accelerating the timeline to improved cash flow. The building features a secure, gated entry and a traditional South LA apartment layout that supports efficient management and tenant flow. The exterior presents a clean and functional street presence, while common areas are straightforward and well maintained. Several units have already been renovated and are in good condition, featuring tile flooring, ample cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans. Unit layouts offer defined living areas with good natural light, and the overall configuration provides a consistent framework for co

Listing Status:
Active
Date Added:
January 13, 2026
Data Last Updated:
February 8, 2026 at 12:06PM
Listing Office:
Compass : 310-230-5478
Listing Agent:
Max Berger : 818-321-4972
MLS ID:
CL26637193
  • Laundry: No Hookups
  • Flooring: Tile
  • Heating: Wall Furnace
  • Parking: None
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR25111010012
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Max Berger , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Vernon Avenue Elementary

4312 S Grand Ave, Los Angeles, CA, 90037

Grades KG-5

0.21 miles away

W

William Jefferson Clinton Middle School

3500 S Hill St, Los Angeles, CA, 90007

Grades 6-8

0.94 miles away

M

Maya Angelou Community High School

300 E 53rd St, Los Angeles, CA, 90011

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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