This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,130,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome to 821 W 43rd Place, a prime investment opportunity located in the heart of Los Angeles, just a stone's throw from USC and Exposition Park. This well-maintained 4-unit building offers the perfect mix of potential and convenience, with three units currently vacant and ready for new tenants. The property features a mix of spacious (2) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units, catering to a wide range of renters. Recent upgrades include brand-new water heaters, a fully renovated roof, upgraded sewer line, energy-efficient windows, smooth stucco exterior, and newer cooling systems. These improvements not only enhance the building's aesthetic appeal but also ensure a low-maintenance investment for years to come. With these updates, this turnkey property is poised to command top-dollar rents, making it an excellent choice for an investor seeking immediate returns. Located within one mile of USC, Exposition Park, and upcoming events like the FIFA 2025 World Cup, the location offers the added bonus of high-demand rental potential for both long-term tenants and short-term stays during special events. Potential development opportunity with additional space in back for extra units, buyer to verify. This is your chance to acquire a well-positioned, fully-upgraded property in one of LA's most vibrant and growing neighborhoods.
Full Property Details
Full Property Details for 821 W 43rd Pl
General
- Sold For: $1,130,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25112515
- Added to Site: 242 day(s) ago
Interior
- Fireplace(s): None
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: In Closet
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: Vermont & Vernon
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Modern
- Roof: Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,448
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.1531
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $461.6
- Price Per Unit: 284750
Listed by RE/MAX One, Collin Johnson
Sold by Lyon Stahl Investment Real Est, Boris Almengor
Get Pre-Approved Today
Schools
Schools serving 821 W 43rd Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Marguerite Poindexter Lamotte Elementary 4410 Orchard Avenue, Los Angeles, CA 90037 | K-5 | 0.1 mi |
Dr. James Edward Jones Primary Center 1017 West 47th Street, Los Angeles, CA 90037 | PK-2 | 0.3 mi |
Barack Obama Global Preparation Academy 1700 West 46th Street, Los Angeles, CA 90062 | 6-8 | 1.2 mi |
Manual Arts Senior High School 4131 South Vermont Avenue, Los Angeles, CA 90037 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 821 W 43rd Pl
Date
Details
Price
Change
Source
10/07/2025
Sold
$1,130,000
-0.79%
MLS
7/09/2025
Price Reduced
$1,139,000
-3.39%
MLS
5/21/2025
Listed
$1,179,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
821 W 43rd Place, Los Angeles, CA 90037 (MLS# SR25112515) is a Multi-Family property that was sold at $1,130,000 on October 07, 2025. Want to learn more about 821 W 43rd Place? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

