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$599,999
1242 E 43rd, Los Angeles, CA 90011
Samuel G. Castorena Jr
5Beds
3Baths
5Days Listed
About This Property
Welcome to 1242 E. 43rd Place, Los Angelesan outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset. The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns. Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio. Whether youre a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.
Samuel CastorenaSamuel G. Castorena Jr626-253-5129
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 3
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 5
- Cumulative Days on Market
- 1
- Original Price
- $599,999
Location & Neighborhood
What's nearby 1242 E 43rd, Los Angeles, CA 90011
Nearby Schools
- Catchment · ElementarySally Ride Elementary: A SMArT AcademyAssigned
NCES · U.S. Dept. of Education (SABINS) • K–5
- Assigned
- Assigned
- Ascot Avenue Elementary0.3 mi
Elementary School • Public • K–5
- ISANA Himalia Academy0.3 mi
Elementary School • Public • K–8
- Nava College Preparatory Academy0.4 mi
Secondary School • Public • 9–12
- Center for Advanced Learning0.4 mi
Elementary School • Public • K–5
- Wadsworth Avenue Elementary0.5 mi
Elementary School • Public • K–5
Parks & Recreation
- 0.2 mi
- 0.5 mi
- Ross Snyder Dog Park0.5 mi
dog_park
Transit Access
- Vernon & Hooper87 yrd
Bus Stop
- Hooper & Vernon94 yrd
Bus Stop
- Hooper & 42nd Place0.1 mi
Bus Stop
- Central & Vernon0.2 mi
Bus Stop
- Central & 43rd0.2 mi
Bus Stop
Local Amenities
POI data updated 7/23/2026
Los Angeles Market Snapshot
3,053
Active Listings
$757K
Median Price
60
Avg Days on Market
Last updated: Jul 22, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$599,999