1242 E  43rd Pl, Los Angeles, CA 90011
Property image
Property image
FOR SALE
Listed by Samuel Castorena, Samuel G. Castorena Jr, (626) 253-5129

$599,999

  • 5 Beds
  • 3 Baths
  • 2,297 sqft

1242 E 43rd Pl, Los Angeles, CA 90011

Central City
Est. Mortgage $3,868/mo*
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Home Highlights

Multi-Family
Built in 1930
$261/sqft

Local Information

  • Map ViewExplore the area around 1242 E 43rd Pl.
  • Schools1 Elementary School1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.

Home Details for 1242 E 43rd Pl

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Appliances & Utilities
Utilities: Electricity Available, Sewer ConnectedLaundry: None
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Number of Stories: 1Entry Location: front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 1Days on Market: 62

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 5115035015

Price & Status

Price
List Price: $599,999Price Per Sqft: $261
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: TR26153841

Building

Building Area
Building Area: 2297 Square Feet

Community

Community Features: CurbsNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 5402 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: NoneListing Terms: Cash to New Loan

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: TR26153841Living Area Range Units: Square FeetAttribution Contact: 626-253-5129Common Interest: NoneUniversal Property Id: US-06037-N-5115035015-R-N

Additional Information

CurbsSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 233 Trulia users voted on each feature.
  • 89 % Say there are sidewalks

  • 76 % Say car is needed

  • 67 % Say it's walkable to grocery stores

  • 67 % Say yards are well-kept

  • 64 % Say it's dog friendly

  • 63 % Say there's holiday spirit

  • 57 % Say streets are well-lit

  • 56 % Say it's walkable to restaurants

  • 55 % Say kids play outside

  • 48 % Say they plan to stay for at least 5 years

  • 45 % Say neighbors are friendly

  • 36 % Say people would walk alone at night

  • 33 % Say it's quiet

  • 29 % Say parking is easy

  • 26 % Say there are community events

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Grice475
    "Close to market.laundromat and bus stops to go walking or car also close to school kinder to high school"
  • Trulia User
    "I lived here for 10 years. Not Very bad area, friendly different type of people. Buses running all day and cars and children and schools and stores to go to, even Donut store."
  • Sandra M.
    "School, college, laundromats, stores , walking , neighbors, knowing where to go food places , and beaches, movies and parks the coliseum and shopping for clothes and our car washes shopping for furniture "
  • Trulia User
    "City park after night events and after-school programs for kids available also shopping and market are closer to shop "
  • Trulia User
    "do not walk at night . it is too dangerous , be inside by 9 . store owners a super friendly and parking isn’t easily found "
  • Trulia User
    "fairs, after-school programs, parks, markets near, late night food and coffee. meeting areas to gather with friends, public transportation near by 24 hour availability. churches, biking, shopping with local shop keepers. 24 hour Laundromat, medical care close, bakeries, drug stores, ATM at most businesses "
  • Trulia User
    "very culturally appreciated i felt so welcomed since i’ve been here, truly recommend this place , my #1 area"
  • Trulia User
    "Dogs are usually well behaved or kept inside. Dogs are always welcome in this community. Sometimes people don’t pick after their dog"
  • Trulia User
    "Very close to the alley and downtown staples center Santa Monica beaches and dodger stadium tacos are everywhere and raspados and elotes "
  • Stephanie P.
    "getting dangerous. lots of mental illness issues spilled over from skid row. theft, random attacks. would not recommend. looking to leave asap!"
  • Francisco T.
    "Ive lived in this neighborhood for about 11 years and it is a fairly good neighborhood that is near downtown , and transportation. There is however a bit of homeless , and graffiti . There also is sometimes robbery but this neighborhood is fairly good and its fun ! "
  • Casey
    "Mainly warehouses so it’s not as loud. Close to USC campus so it’s becoming safer. There are a great deal of homeless however"
  • Raneika K. B.
    "There is no grass for dogs to enjoy. People that walk their dogs clearly don’t care about the neighborhood because they don’t clean their dogs waste. "
  • Prince_albert_5
    "My street it’s very traffic and noisy and my work street it’s very bad and unsafe and I hope I can move to some where very soon "
  • Miss Kathy G.
    "all the neighborhood businesses maw and paw stores Food Market on Thursdays on South Central the festival every other year Jazz and Blues Festival"
  • Erickh32376
    "Everything! It’s all a mess, streets here are not so safe when it’s dark. The rent is to high and I can barely afford any money to pay for my rent."
  • Phillip R.
    "no problem no more the usual. near the bus and schools. an after school program near by. no break ins that i heard of. no vandalism. graffiti yes trash yes. i lived here 10 years."
  • Rebelgiant
    "I own a car so I drive. But there are plenty of transportation systems like the buses metro and trains."
  • Joel G.
    "The grocery store is very close by, the train station is very close by and a parking garage is right across the street."
  • Anzavelascolol
    "Well the newbies get to get to know more about the neighbors and the neighbors are really caring. "

Market trends in Los Angeles

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.03M
$7.08K
MoM
Sale-to-List Price
99.9%
0.1%
MoM
Price per sq ft
$638
$0
MoM
Available listings
8438
32
MoM

Home Value

Trulia Estimate
$606K
Since last month
Increased$11K (+1.9%)
Since last year
Decreased$155K (-20.3%)
Since last sale
Increased$246K (+68.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +68% in the last 10 years
MonthEstimated value
2026
September 2026$606K
August 2026$595K
July 2026$610K
June 2026$742K
May 2026$736K
April 2026$736K
March 2026$744K
February 2026$751K
January 2026$727K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Multi-Family Home
$555,000
03/24/26
5
3
2,362
0.20
Multi-Family Home
$575,000
04/16/26
5
4
2,460
0.19
Multi-Family Home
$699,000
10/06/25
5
2
2,056
0.31
Multi-Family Home
$617,500
09/15/26
4
3
2,053
0.21
Multi-Family Home
$575,000
04/16/26
4
4
2,037
0.41
Multi-Family Home
$620,000
09/25/25
5
3
2,200
0.12
Multi-Family Home
$843,000
01/02/26
8
4
2,440
0.21
Multi-Family Home
$815,000
10/21/25
4
2
1,803
0.30
Multi-Family Home
$825,000
10/31/25
6
4
2,136

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$555,000
5
3
2,362
Recently Sold
0.10
$674,900
2
1
1,174
Off Market
0.14
-
6
3
1
Foreclosure
0.14
$788,300
5
2
1,967
Off Market
0.13
-
-
-
-
Off Market
0.13
-
12
6
5,729
Off Market
0.12
$843,000
8
4
2,440
Recently Sold
0.13
$674,100
2
3
1,437
Off Market
0.15
$650,000
3
3
1,668
For Sale
0.19
$690,000
5
2
2,056
Off Market
0.16
$645,000
4
1
1,144
Off Market

Price and Tax history

DateEventPrice
Jul 22, 2026
Source: CRMLS #TR26153841
Listed For Sale
$599,999
Sep 29, 2016
Source: N/A
Sold
$360,000
Aug 3, 2016
Source: Agent Provided
Pending
$365,000
Jul 15, 2016
Source: Agent Provided
PriceChange
$365,000
Price decreased by 4%
Jul 14, 2016
Source: Agent Provided
Pending
$380,000

LGBTQ Local Legal Protections

Samuel Castorena, Samuel G. Castorena Jr
Agent Phone: (626) 253-5129
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 00:15:44 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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Frequently asked questions about 1242 E 43rd Pl

  • What is the estimated monthly payment for 1242 E 43rd Pl?
    Based on a $599,999 list price with 20% down at today's rates, the estimated monthly payment for 1242 E 43rd Pl in Los Angeles, CA is approximately $3,895 (about $3,230 principal & interest, $590 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1242 E 43rd Pl compare to homes in Los Angeles?
    1242 E 43rd Pl in Los Angeles, CA is listed at $599,999, about 42% below the $1.03M median sale price in Los Angeles.
  • What do residents say about the Central City neighborhood?
    Residents describe the Central City neighborhood in Los Angeles, CA as pedestrian-friendly, walkable to grocery stores, and well-kept. See homes for sale in Central City, Los Angeles.
  • What are the closest schools to 1242 E 43rd Pl?
    The closest schools to 1242 E 43rd Pl in Los Angeles, CA are George Washington Carver Middle School (rated 5/10), Nava College Preparatory Academy (High, rated 4/10), Sally Ride Elementary: A Smart Academy (rated 3/10).
1242 E 43rd Pl, Los Angeles, CA 90011 is a 5 bedroom, 3 bathroom, 2,297 sqft multi-family built in 1930. 1242 E 43rd Pl is located in Central City, Los Angeles. This property is currently available for sale and was listed by CRMLS on Jul 22, 2026. The MLS # for this home is MLS# TR26153841.