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$1,301,000   Price Analysis
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950 W 43rd St
Los Angeles, CA 90037
3 bed 2 bath 1,548 SqFt ($840/SqFt)
5,580SqFt lot. Built 1926
Listed 2024-07-02, Taxes $3,869
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are pleased to bring this excellent opportunity of a property to the market!

2 units (One 2 bed, 1 bath and one 1 bed, 1 bath). Great potential for income as buyer may choose to rent out both units or live in one and rent out the other. Property has also been previously approved to add a third unit. This brings even more potential future value to the property. There are currently two covered garage spaces nestled in between both units, as well as ample space to park many more vehicles on the property.

LESS THAN 2 MILES FROM THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC). Property is also minutes away from a plethora of schools for all age groups, including, but not limited to Dr. James Edward Jones Primary Center, Marguerite Poindexter Lamotte Elementary School, Barack Obama Global Preparation Academy, Manual Arts High School, as well as John Hope Continuation School. Rich in value, th is property makes an amazing purchase!


Presented by John Azer at
Fidem Realty.


Property MLS #DW24135209 from CRMLS

Bedrooms: 3

Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Laundry Features: Inside

Cooling Features: Wall/Window Unit(s)
Fireplace Features: Living Room

Full Bathrooms: 2

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1280992
Lot Size Source: Assessor
Lot Size Square Feet: 5580

Garage Spaces: 2
Parking Total: 2

View: City Lights

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Gutters, Sidewalks, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 5020035028
Postal Code Plus 4: 2517
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$139,386 + $160,829
$300,215
$3,869
2021$136,653 + $157,676
$294,329
$3,814
2020$135,252 + $156,060
$291,312
$3,849
2019$132,600 + $153,000
$285,600
$3,707
2018$130,000 + $150,000
$280,000
$3,582
2017$127,804 + $192,763
$320,567
$4,058
2016$125,299 + $188,984
$314,283
$3,956
2015$123,417 + $186,146
$309,563
$3,900
2014$106,481 + $159,721
$266,202
$3,472
2013$35,000 + $175,000
$210,000
$2,793
2012$35,000 + $175,000
$210,000
$2,882
2010$42,500 + $207,500
$250,000
$6,588
2009$85,000 + $415,000
$500,000
$6,330
2009$85,000 + $415,000
$500,000
$6,330
2008$102,000 + $499,800
$601,800
$7,388
2007$51,734 + $151,832
$203,566
$2,527

Listed 2024-07-02
$1,301,000
CRMLS
Listed 2024-07-02
$1,301,000
CRMLS
Sold 2017-12-13
$280,000
Public Record
Listing removed 2014-07-11
$1,950
CRMLS
Listed for rent 2014-07-08
$1,950
CRMLS
Listing removed 2014-04-15
$450,000
CRMLS
Sold 2014-04-04
$55,000
Public Record
Listed 2014-02-21
$450,000
CRMLS
Sold 2013-03-28
$237,336
ITECH
Listing removed 2013-02-24
$294,900
TheMLSCLAW
Listed 2013-02-22
$294,900
ITECH
Listed 2013-02-22
$294,900
TheMLSCLAW
Listing removed 2013-02-05
$209,900
SoCalMLS
Sold 2012-07-30
$225,000
ITECH
Listing removed 2011-12-13
$199,900
ITECH
Listed 2011-10-26
$209,900
ITECH
Listed 2011-10-26
$209,900
SoCalMLS
Listed 2011-03-11
$199,900
ITECH
Listing removed 2011-03-10
$219,900
SoCalMLS
Listing removed 2011-03-09
$219,900
ITECH
Relisted 2010-11-11
$219,900
SoCalMLS
Listing removed 2010-10-30
$219,900
SoCalMLS
Listed 2010-10-19
$219,900
ITECH
Listed 2010-10-19
$219,900
SoCalMLS
Sold 2007-03-30
$600,000
SoCalMLS
Listed 2007-02-15
$610,000
SoCalMLS
Sold 1991-05-10
$145,000
Public Record
Sold 1985-01-25
$80,000
Public Record
Sold 1984-07-20
$48,000
Public Record

Net Operating Income: 36400.00

Total Square Feet Living: 1548
Year Built: 1926
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front Door on 43rd St
Property Age: 98
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Manual Arts Senior High School is a public high school located approximately 0.3 miles away.
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Barack Obama Global Preparation Academy is a public middle school located approximately 1.1 miles away.
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Marguerite Poindexter Lamotte Elementary is a public elementary school located approximately 0.2 miles away.
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St. Cecilia Elementary School is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.