443 S State Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
ACTIVE$975,000
443 S State Street, Los Angeles, California 90033
0Bed
0Bath
2,665Sqft
6,372Lot
Year Built
1898
Close
-
List price
$975K
Original List price
$1.09M
Price/Sqft
$366
HOA
-
Days on market
-
Sold On
-
MLS number
IV25008853
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $975.0K(69th), sqft - 2665(69th), beds - undefined(50th), baths - undefined(50th).
Great investment opportunity! Four unit property All generating income in Boyle Heights. Unit #1 is a 2 bed, 1 bath, laundry hookups, plus bonus room, Unit #2 is a 2 bed, 1 bath, Unit #3 is a studio apt with 1 bath, Back house is a 1 bed, 1 bath with laundry hook ups and a private porch. All units come with updated kitchens and bathrooms. This property has had plumbing recently replaced with copper pipping, new roof and updated electrical wiring. This property is walking distance to a local park and has the 5 fwy, 60 fwy, and 101 fwy close by.
Price History
Date
Event
Price
08/13/25
Price Change
$975,000
01/17/25
Listing
$1,090,000
01/16/01
Sold
$150,000
Condition Rating
Good
Despite being built in 1898, the property has undergone significant and recent renovations, including updated kitchens and bathrooms in all units, new copper plumbing, a new roof, and updated electrical wiring. These extensive updates bring the property's condition to a 'good' standard, making it move-in ready with functional major systems. The presence of window AC units, visible in the image, suggests a lack of central air conditioning, which prevents it from achieving an 'excellent' rating, but the overall described updates are substantial.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as a 'Great investment opportunity' with four income-generating units, making it highly attractive to investors seeking consistent cash flow.
Significant Capital Improvements: Recent major upgrades including copper plumbing replacement, a new roof, and updated electrical wiring significantly reduce immediate capital expenditure risks for a new owner.
Updated Unit Interiors: All units feature updated kitchens and bathrooms, enhancing tenant appeal and minimizing the need for immediate cosmetic renovations upon acquisition.
Excellent Freeway Access & Local Amenities: Strategic location with close proximity to the 5, 60, and 101 freeways offers convenient commuting, complemented by walking distance to a local park for tenant recreation.
Recent Price Reduction: The property has seen a notable price reduction from $1.09M to $975,000, potentially indicating a motivated seller and offering a more attractive entry point for buyers.
Cons
Historic Property Age: Built in 1898, the property's age, despite recent system upgrades, may still present unforeseen maintenance challenges or require specialized upkeep for its historic structure.
Unspecified Parking Availability: The property description does not mention parking provisions for four units, which is a critical amenity in Los Angeles and could be a significant drawback for tenants.
Boyle Heights Market Perception: While accessible, the Boyle Heights neighborhood may have varying market perceptions regarding long-term appreciation, school districts, or specific local amenities compared to other LA submarkets.