1459 E 43rd Street, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
ACTIVE$515,000
1459 E 43rd Street, Los Angeles, California 90011
2Beds
1Bath
864Sqft
5,198Lot
Price Vs. Estimate
The estimated value ($506,385.21) is $8,614.79 (1%) lower than the list price ($515,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The 5,100 sq. ft. lot is zoned R2, offering significant potential for redevelopment, expansion, or adding additional units, making it highly attractive to investors.
Top Cons:
Age and Condition: Built in 1907, the property is very old and likely requires extensive renovation and modernization to meet contemporary standards, as implied by 'diamond in the rough'.
Compared to the nearby listings
Price:$515.0K vs avg $551.0K ($-36,000)35%
Size:864 sqft vs avg 1,157 sqft26%
Price/sqft:$596 vs avg $51365%
More Insights
Built in 1907 (118 years old).
Condition: Built in 1907, this property is a 'diamond in the rough' requiring substantial repairs and rehabilitation. The images reveal extremely dated interiors with worn hardwood floors, old carpeting, popcorn ceilings, and basic, outdated light fixtures. While no direct photos of the kitchen or bathroom are provided, their absence, combined with the overall condition, strongly suggests they are severely outdated and in very poor condition, likely needing complete renovation. The description emphasizes 'redevelopment or expansion' and 'build new,' indicating the current structure's limited value. Major systems (electrical, plumbing, HVAC) are almost certainly at the end of their lifespan and require extensive replacement.
Year Built
1907
Close
-
List price
$515K
Original List price
$575K
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
DW25163381
Home ConditionPoor
Features
ViewNeighborhood
About this home
Investor Opportunity! This 2 bedroom, 1 bath home with a small bonus room ideal for an office or playroom is a true diamond in the rough. Situated on a 5,100 sq. ft. lot and zoned R2, this property offers incredible potential for redevelopment or expansion. Key features include a basement, attic space, indoor laundry area, and large windows that fill the open floor plan with natural light. A long front driveway provides ample parking. Whether you're looking to renovate, add units, or build new, this property is an opportunity you won’t want to miss!
Nearby schools
4/10
Ascot Avenue Elementary School
Public,•K-5•0.2mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.4mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.7mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
2/10
Aurora Elementary School
Public,•K-5•0.9mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.1mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.1mi
5/10
Lillian Street Elementary School
Public,•K-6•1.4mi
5/10
Pacific Boulevard School
Public,•K-5•1.8mi
5/10
Estrella Elementary School
Public,•K-5•1.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.7mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
6/10
Vernon City Elementary School
Public,•K-7•1.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.3mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.7mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.8mi
4/10
Huntington Park Senior High School
Public,•9-12•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.8mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.1mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.2mi
Price History
Date
Event
Price
06/12/69
Sold
$12,500
Condition Rating
Poor
Built in 1907, this property is a 'diamond in the rough' requiring substantial repairs and rehabilitation. The images reveal extremely dated interiors with worn hardwood floors, old carpeting, popcorn ceilings, and basic, outdated light fixtures. While no direct photos of the kitchen or bathroom are provided, their absence, combined with the overall condition, strongly suggests they are severely outdated and in very poor condition, likely needing complete renovation. The description emphasizes 'redevelopment or expansion' and 'build new,' indicating the current structure's limited value. Major systems (electrical, plumbing, HVAC) are almost certainly at the end of their lifespan and require extensive replacement.
Pros & Cons
Pros
Development Potential: The 5,100 sq. ft. lot is zoned R2, offering significant potential for redevelopment, expansion, or adding additional units, making it highly attractive to investors.
Investor Focus: Explicitly marketed as an 'Investor Opportunity,' highlighting its potential for renovation, adding units, or new construction.
Functional Features: Includes a basement, attic space, and an indoor laundry area, providing valuable utility and storage, especially for an older home.
Natural Light & Flexible Space: Large windows fill the open floor plan with natural light, and a small bonus room offers flexible use as an office or playroom.
Ample Parking: A long front driveway provides convenient and ample off-street parking, a significant advantage in the Los Angeles area.
Cons
Age and Condition: Built in 1907, the property is very old and likely requires extensive renovation and modernization to meet contemporary standards, as implied by 'diamond in the rough'.
Small Living Space: With only 864 sq. ft. for 2 bedrooms and 1 bath, the interior living space is relatively small, which may limit its appeal to buyers seeking a larger primary residence without expansion.
Overpriced Relative to Estimate: The current list price of $515,000 is 11% higher than the estimated property value of $507,932.18, suggesting it may be overpriced given its condition and required investment.