$10,000 Closing Credit¹
#SB25036159, Aaron Jacobson, Listing Office: Lyon Stahl Investment Real Estate, Inc.
#PW24235975·
Listing office: Bell Realty Group·
Listing agent: Richard Bell·
Listing office phone: 714-309-3549
$1,395,000 List price
1162 E 43rd Pl Los Angeles, CA 90011
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 1162 E 43rd Pl
Great cash flow property with huge upside too. 11.8% cash on cash return with current rents. 8.3% cap rate. Many upgrades over the years including, Newer roof on both buildings, Copper water pipes, Vinyl windows, new external stairs to top unit in the back building. Possible conversion of garages currently used for storage to ADU to make 7 or 8 units, check with city for allowances. Located in a strong rental area in South Central Area with a great unit mix of five 3 Bdrm and 1 Bath units. Walkable score of 83. Property is separate metered for Gas and Electric and consists of two buildings, a 4-plex up front and duplex along with a 4 car garage in the back. Front 4 units have been converted to 3 bedrooms but third bedroom can easily be used as a living room as well, Buyer to verify permits for all changes and improvements. Market rents shown are for Section 8 approved 2 bedroom units. Garages currently used for storage.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.1603 Acres
Year built1954
MLS #PW24235975
Garage4 spaces
Summary
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: None
- Heating: Wall Furnace
- Cooling: None
- List Price: $1,395,000
- Annual Tax Amount: $6,180
- Tax Year: 2024
- Directions: E/ South Central Ave. & N/ E. Vernon Ave.
- Year Built: 1954
- Stories: 2
- Lot Size: 0.1603 Acres
- MLS Number: PW24235975
- MLS Name: CRMLS
- Office Name: Bell Realty Group
- Office Phone: (714) 309-3549
- Listing Agent: Richard Bell
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 2:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,395,000
1162 E 43rd Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 24, 2003 | Home Sold | $355,000 |
| Mar 02, 2000 | Home Sold | $306,316 |
| Apr 06, 1998 | Home Sold | $280,000 |
| Jul 30, 1997 | Home Sold | $159,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $454,359 | $6,180 |
| 2023 | $445,451 | $6,072 |
| 2022 | $436,718 | $5,809 |
| 2021 | $428,156 | $5,707 |
| 2020 | $423,767 | $5,547 |
| 2019 | $415,459 | $5,468 |
| 2018 | $407,314 | $5,357 |
| 2017 | $399,328 | $5,357 |
History based on county public records data.
Nearby schools
4
Sally Ride Elementary School
Public District KG-5
0.2 mi
•1041 E 46th St
3
Harmony Elementary School
Public District PK-5
0.3 mi
•899 E 42nd St
3
Wadsworth Elementary School
Public District KG-5
0.4 mi
•981 E 41st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,881. Most Los Angeles, CA residents have annual incomes less than $<35k. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
32%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
25%
Single, No Kids
33%
Single, with Kids
10%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
12%
12-17 yrs old
31%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1162 E 43rd Pl
The listing price of 1162 E 43rd Pl property is $1,395,000.
The property 1162 E 43rd Pl is a condo located in Los Angeles, California, 90011.
Active Listing: 1162 E 43rd Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1162 E 43rd Pl are: Sally Ride Elementary School (GreatSchools Rating 4/10), Harmony Elementary School (GreatSchools Rating 3/10), Wadsworth Elementary School (GreatSchools Rating 3/10), George Washington Carver Middle School (GreatSchools Rating 2/10), Dr. Julian Nava Learning Academy - School of Business & Tech (GreatSchools Rating 4/10), Synergy Kinetic Academy (GreatSchools Rating 6/10), Nava College Preparatory Academy (GreatSchools Rating 5/10), Thomas Jefferson High School (GreatSchools Rating 2/10), Animo Ralph Bunche Charter High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $6,180 (source: MLS/based on county public records data).
The last sale was on March 24, 2003 for $355,000 (source: MLS/tax record).
The property at 1162 E 43rd Pl has 0 bathroom.
The year of construction for 1162 E 43rd Pl is 1954.
This home is located at 1162 E 43rd Pl in Los Angeles, CA and zip code 90011 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $1,395,000.
Los Angeles, CA housing market in April 2025 saw over 395 listings sold above listed price, more than 148 sold at listed price and over 328 sold below. The number of listings in Los Angeles, CA increased by 10.2% between March and April 2025. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.
From Rocket Homes Real Estate and based on county public records data.