210 W 43rd Place, Los Angeles, CA 90037
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
210 W 43rd Place,Los Angeles, CA 90037
$3,600,000
- - Beds
- 30 Baths
- 14,088 sq. ft.
- Multi-family
- Active
Listed by: max berger
Office: compass310-230-5478
MLS#:26637193
Source:CRMLS
Price summary
- Price:$3,600,000
- Price per sq. ft.:$255.54
About this home
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....
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Home facts
- Year built:1926
- Listing ID #:26637193
- Added:109 day(s) ago
- Updated:May 03, 2026 at 10:43 AM
Rooms and interior
- Total bathrooms:30
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:14,088 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1926
- Building area:14,088 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,600,000
- Price per sq. ft.:$255.54
Features and amenities
- Amenities:Ceiling Fans
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