Properties

Los Angeles, CA 90037 210 W 43rd Place

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Presented By: Max Berger with Compass;
  • MLS# 26637193
  • 01/13/2026
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  • Baths • 30
  • SQFT • 14,088

Home Details

Offered at $3,795,000, or $126,500 per unit, 210 W. 43rd Pl. is a 30-unit South LA value-add opportunity that now sits at a far more attractive entry point. The property operates at a 6.31% CAP and 9.10 GRM on current rents, with a basis of $269 per SF. At the revised pricing, the deal supports today's income while still leaving meaningful room to grow. At projected market rents, the property is expected to stabilize at an 7.67% CAP and 8.03 GRM. Two units are currently vacant, allowing a buyer to begin renovations and lease-up immediately, establish updated rents early in the hold period, and improve overall performance without the need for tenant negotiations. Built in 1926, the property features a secure gated entry and a traditional courtyard layout comprised of (30) studio units. The configuration is straightforward and easy to manage, with a consistent unit mix that makes renovation planning clear and repeatable. Several units have already been updated with tile flooring, improved cabinetry, gas stoves, wall-mounted A/C units, and ceiling fans. Living areas feature practical layouts and natural light, providing a solid foundation for future interior upgrades. Located in Historic South-Central, 210 W. 43rd Pl. sits minutes from USC, Exposition Park, BMO Stadium, The Shrine Auditorium, and the LA Memorial Coliseum. These year-round education and entertainment anchors continue to support steady housing demand in the area. The property also benefits from access to Vermont Ave. and Western Ave., two major corridors that connect residents to surrounding neighborhoods and employment centers. Following the price adjustment, 210 W. 43rd Pl. stands as a 30-unit asset with real scale and notable upside, at a basis that better reflects today's market.
Presented By: Max Berger with Compass;

Interior Features for 210 W 43rd Place

Bedrooms

Total Bedrooms

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths30

Other Interior Features

Common Walls1 Common Wall
FlooringTile
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesNone
Total Stories3

General for 210 W 43rd Place

Additional Parcels Y/NNo
AppliancesRefrigerator
Cap Rate6.31
CityLos Angeles
CountyLos Angeles
DirectionsLocated just north of the intersection of Broadway and Vernon, the subject property is approx. 1 mile from Exposition Park, and approx. 2 miles from the USC Village.
Facing DirectionNorth
Full Baths
Gross Income417120
HOANo
HeatingWall Furnace
LevelsMulti/Split
Living Area14088
Lot Size Square Feet6347
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income239581
New ConstructionNo
Number Of Units Total30
Occupancy TypeTenant
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesKey Card Entry
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1926
ZoningLAR2

Exterior for 210 W 43rd Place

Building Area Total14088
Lot Size Acres0.1457
Lot Size Area6347
Number of Buildings1
Parking FeaturesNone
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,795,000
MLS#26637193
List Date 01/13/2026
Property Type Multi-Family
Phone 888.795.6274
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