210 W 43rd Place, Los Angeles, CA 90037

• 14,088 sqft

Property Description

Offered at $3,795,000, or $126,500 per unit, 210 W. 43rd Pl. is a 30-unit South LA value-add opportunity that now sits at a far more attractive entry point. The property operates at a 6.31% CAP and 9.10 GRM on current rents, with a basis of $269 per SF. At the revised pricing, the deal supports today's income while still leaving meaningful room to grow. At projected market rents, the property is expected to stabilize at an 7.67% CAP and 8.03 GRM. Two units are currently vacant, allowing a buyer to begin renovations and lease-up immediately, establish updated rents early in the hold period, and improve overall performance without the need for tenant negotiations. Built in 1926, the property features a secure gated entry and a traditional courtyard layout comprised of (30) studio units. The configuration is straightforward and easy to manage, with a consistent unit mix that makes renovation planning clear and repeatable. Several units have already been updated with tile flooring, improved cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans. Living areas feature practical layouts and natural light, providing a solid foundation for future interior upgrades. Located in Historic South-Central, 210 W. 43rd Pl. sits minutes from USC, Exposition Park, BMO Stadium, The Shrine A

Listing Status:

Active

Date Added:

January 13, 2026

Data Last Updated:

April 2, 2026 at 7:07AM

Listing Office:

Compass : 310-230-5478

Listing Agent:

Max Berger : 818-321-4972

MLS ID:

CL26637193

Interior

• Laundry: No Hookups
• Flooring: Tile
• Heating: Wall Furnace

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR25111010012

Financial

• Source: CRMLS