210 W 43rd Place, Los Angeles, CA 90037
Local realty services provided by:ERA Carlile Realty Group
210 W 43rd Place,Los Angeles, CA 90037
$3,795,000
- - Beds
- 30 Baths
- 14,088 sq. ft.
- Multi-family
- Active
Listed by: max berger
Office: compass
MLS#:26637193
Source:CRMLS
Price summary
- Price:$3,795,000
- Price per sq. ft.:$269.38
About this home
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 Auditorium, and the LA Memorial Coliseum. These year-round education and entertainment anchors continue to support steady housing demand in the area. The property also benefits from access to Vermont Ave. and Western Ave., two major corridors that connect residents to surrounding neighborhoods and employment centers. Following the price adjustment, 210 W. 43rd Pl. stands as a 30-unit asset with real scale and notable upside, at a basis that better reflects today's market....
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Home facts
- Year built:1926
- Listing ID #:26637193
- Added:64 day(s) ago
- Updated:March 19, 2026 at 10:36 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:$3,795,000
- Price per sq. ft.:$269.38
Features and amenities
- Amenities:Ceiling Fans
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