$599,999
1242 E 43 , Los Angeles, CA 90011
- 2,297
- sqft
- 1930
- year built
- Status:
- Active
- MLS #:
- TR26153841
- County:
- Los Angeles
- Listed By:
- Samuel Castorena - Samuel G. Castorena Jr
- Agent Phone:
- (626) 253-5129
- Agent Email:
- gatewaysamuel@gmail.com
Welcome to 1242 E. 43rd Place, Los Angeles—an 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 you’re 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.
Highlights
- Residential Income
- Triplex
- Built in 1930
- 0.124 Acre Lot
- $0/ HOA
- 0 Car Garage
- 111 days on Market
-
- Year Built
- 1930
-
- Stories
- 1.0
-
- Garage Spaces
- 0.0
-
- Pool Features
- None
-
- Cooling
- None
-
- Heating
- Wall Furnace
-
- Acres
- 0.124
-
- Lot Features
- Zero To One Unit Acre
-
- Utilities
- Electricity Available, Sewer Connected
-
- Water
- Public
-
- Area
- C42 - Downtown L.A.
-
- County
- Los Angeles
-
- City
- Los Angeles
-
- Zip Code
- 90011
-
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There are currently 7941 properties available in Los Angeles, with 505 under contract to close soon. Properties in the city have an average sale price of $1,575,061 and typically spend 71 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1242 E 43?
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How do I get more information about 1242 E 43?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $599,999. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Los Angeles, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1242 E 43?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1242 E 43 at around $3,414. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 1242 E 43?
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Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1242 E 43?
In most cases, yes. Whether 1242 E 43 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Los Angeles's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1242 E 43?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $599,999 with 2,297 sqft of space—that comes out to approximately $261 per square foot.
How long has this property been on the market?
1242 E 43 was listed on July 22, 2026, which means it's been on the market for 111 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1930, making it approximately 96 years old.
What is the lot size of this property?
1242 E 43 sits on a 0.12-acre lot, which is 5,227 square feet.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $0.
Is 1242 E 43 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information from California Regional Multiple Listing Service as of November 10, 2026 at 09:23PM 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. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: November 10, 2026 at 09:23PM | Source: California Regional Multiple Listing Service | MLS#: TR26153841
