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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.
| DAYS ON MARKET | 69 | LAST UPDATED | 2/24/2026 |
|---|---|---|---|
| YEAR BUILT | 1926 | COMMUNITY | C42 - Downtown L.A. |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Feb 24, '26 | $3,950,000 |
|---|---|
| Feb 24, '26 - Today | $3,795,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Refrigerator |
|---|---|
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6347 sq ft |
| LOT DIMENSIONS | 6347 |
| PARKING | None |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/23/26 10:14 AM PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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