Prevu by reAlpha
BuySellBlogBrowse Listings

1242 E 43rdLos Angeles, CA 90011

For Sale

$599,999

Smart Buyer Rebate $6,000

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.

Listed by Samuel Castorena

·

License #01264865

·

Samuel G. Castorena Jr

·

626-253-5129

Last updated July 22, 2026

·

Source: bridgeMLS #CRTR26153841

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Alameda
  • Bedrooms5
  • Days on Prevu10
  • Size2,297 sqft
  • Price per sqft$261

Location

Mortgage Calculator

Listing History

07/22/2026
Listed by Samuel G. Castorena Jr
$599,999

Property Details for 1242 E 43rd

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1930
  • Exterior Features: Other

Measurements

  • Building Area Total: 2,297
  • Lot Size Acres: 0.12
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,402
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 5115035015

Interior

Measurements

  • Living Area: 2,297
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 5

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: No Hookups
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 1242 E 43rd.

How does 1242 E 43rd compare to other multi-family homes in Central Alameda?

This multi-family home is listed 40% below the average price for multi-family homes in Central Alameda and has been on the market for 48 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,297 sqft.

1242 E 43rd is a 5-bedroom multi-family home for sale in Los Angeles CA 90011. Listed on Prevu for 10 days at $599,999. This home features 2,297 square feet of living space, located in Central Alameda. The median listing price for multi-family homes in this area is $749,000. View other multi-family home listings in Los Angeles.

Based on information from bridgeMLS 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.