886-894 E 43rd Pl, Los Angeles, CA 90011

Property Overview

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886–894 E 43rd Pl is a 7-unit multifamily property located in the South Los Angeles submarket, north of Vernon Avenue between Central and Avalon Boulevards. The asset consists of two wood-frame stucco buildings situated on adjacent LARD2-zoned lots totaling 13,494 square feet. Built in 1925 and 1960, the property features a well-diversified unit mix of (3) 2-bedroom/1-bath, (3) 3-bedroom/1-bath, and (1) 4-bedroom/1-bath units across 6,508 rentable square feet. Utilities are separately metered, and all units are subject to the Los Angeles Rent Stabilization Ordinance (RSO). On-site parking includes surface and carport spaces in the rear. This 100% occupied asset provides immediate cash flow and long-term potential in a high-demand rental corridor of South LA.

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Key Property Details

• Location: 886–894 E 43rd Pl, Los Angeles, CA 90011
• Lot Size: 13,494 SF (two parcels)
• Zoning: LARD2
• Existing Improvements: 7 Units | 6,508 SF | Built 1925 & 1960 | LA RSO
• Parking: Surface and carport parking in rear
• Transit: Near Vernon Ave corridor and major arterials
• Utilities: Separately metered
• Unit Mix
  
  • (3) 2 Bed / 1 Bath
  • (3) 3 Bed / 1 Bath
  • (1) 4 Bed / 1 Bath

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Investment Highlights

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• Fully Occupied Asset: 100% occupancy offering immediate income.
• Large Unit Sizes: Three- and four-bedroom layouts appeal to family tenants.
• Strong Zoning & Lot Size: Dual-lot LARD2 designation provides potential flexibility.
• Separately Metered Utilities: Minimizes owner expenses and increases NOI.
• Rear Parking: Carport and surface spaces add tenant convenience.
• South LA Momentum: Located near growing economic and infrastructure projects.

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Neighborhood and Accessibility

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Positioned in the heart of South Los Angeles, 886–894 E 43rd Pl benefits from proximity to key corridors like Vernon Avenue and access to Downtown LA, USC, and Exposition Park. The surrounding area continues to see long-term infrastructure investments, including the SoFi Stadium, Intuit Dome, and Hollywood Park redevelopment — enhancing regional demand and driving neighborhood transformation.

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Market Trends and Financial Potential

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• Current Occupancy: 100% occupied
• Vacancy Assumption: 3% of gross rental income (standard underwriting)
• Pro Forma Rents: Based on South LA submarket analysis
• Property Tax Rate: 1.25%
• Insurance Estimate: $1 per rentable SF
• Management Fee: 5% of EGI
• Reserves: $200 per unit annually

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl