Property Detail

Description

886-894 E 43rd Pl offers investors excellent in-place cash flow on day one with the benefit of additional upside in rents. The subject property offers an investor a great unit mix consisting of (3) 2 Bed / 1 Bath, (3) 3 Bed / 1 Bath and (1) 4 Bed / 1 Bath units. The offering consists of 2 separate buildings on 2 adjacent parcels totaling 13,494 square feet of land that is zoned LARD2. The total square footage of the buildings is 6,508 square feet with one building being built in 1925 and the other built in 1960.The utilities for both buildings are separately metered. There is surface parking located including car port parking in the rear for two cars. All units are subject to LA city rent control.