LOT VALUE with APPROVED PLANS - Property scrapped - RTI and SB8 Cert APPROVED!! Don't miss out on this exceptional investment opportunity! This lot is being sold with approved plans to build an approximately 2,805 sq ft of total living space duplex with an ADU + garages/parking and a potential for 4th and 5th unit ADU. Spanning two floors, this spacious multi-family building offers three units with incredible income potential. The first floor features two separate units: a 2-bedroom, 1-bathroom unit spanning 787 sq ft and a 1-bedroom, 1-bathroom unit spanning 547 sq ft. These units provide comfortable and functional living spaces with an in-unit washer and dryer. Potential 4th/5th unit on the second floor presents 3 bedrooms and 2.5 bathrooms, offering 1,266 sq ft of space or split into 2 spaces making it a 5th unit. This unit provides additional room and luxurious amenities, making it an appealing choice for tenants seeking more space and upscale living. Located in a prime area, this property is a fantastic investment opportunity for seasoned investors and first-time buyers seeking a unique living arrangement. With multiple income streams from the three units, you can enjoy the potential for significant rental income. Don't delay! Take advantage of this opportunity to add a lucrative multi-family property. Schedule a showing today to explore this property’s immense potential for your investment goals. Don't miss out on this chance
Property Details
Property Features
Listing Office:
Office Name: Innovate Realty, Inc.
Office Phone: (949) 295-6491
Listing Agent: Frank Shamoo
Exterior Features
Exterior Information:
View: Neighborhood
Lot Features
Lot Information:
Lot Size: 0.11 Acres
School Info
Assigned Schools Information:
Thomas Jefferson Senior High School, Public District Grades 9-12
Early College Academy-La Trade Tech College, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
George Washington Carver Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Cross Street- S. Central Ave/E. Vernon Ave
Price Information
Listing Price Info
Price Summary:
List Price: $580,000
Tax Information:
Annual Amount: $491
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $395.9K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24064291
Listing Office:
Office Name: Innovate Realty, Inc.
Office Phone: (949) 295-6491
Listing Agent: Frank Shamoo
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$491
$25,308
2020
$478
$25,050
2019
$400
$24,560
2018
$391
$24,080
2017
$391
$23,609
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.53 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.20 miles
Public Magnet Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school25.58 miles
Public Magnet Grades 1-5
Middle School
3
/10
George Washington Carver Middle School
4410 Mckinley Ave
Distance between this listing and this school0.43 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.95 miles
Public District Grades 6-8
High School
1
/10
Thomas Jefferson Senior High School
1319 E 41st St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
5
/10
Early College Academy-La Trade Tech College
400 W Washington Blvd
Distance between this listing and this school2.09 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.33 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.53 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.20 miles
Public Magnet Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school25.58 miles
Public Magnet Grades 1-5
Assigned Schools
3
/10
George Washington Carver Middle School
4410 Mckinley Ave
Distance between this listing and this school0.43 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.95 miles
Public District Grades 6-8
Nearby Schools
3
/10
Dr. Julian Nava Learning Academies-School of Business
1420 E Adams Blvd
Distance between this listing and this school0.80 miles
Public District Grades 6-8
Assigned Schools
1
/10
Thomas Jefferson Senior High School
1319 E 41st St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
5
/10
Early College Academy-La Trade Tech College
400 W Washington Blvd
Distance between this listing and this school2.09 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.33 miles
The neighbors living near this home have an average income of $24,881. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1159 E 43rd Pl
What is the listing price of this property?
The listing price of 1159 E 43rd Pl property is $580,000.
What type of property is this?
The property 1159 E 43rd Pl is land located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 1159 E 43rd Pl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1159 E 43rd Pl are: Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Academy For Enriched Sciences: GreatSchools Rating 9/10George Washington Carver Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Thomas Jefferson Senior High School: GreatSchools Rating 1/10Early College Academy-La Trade Tech College: GreatSchools Rating 5/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $491 (source: MLS/based on county public records data).
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This home is located at 1159 E 43rd Pl in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $580,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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