1206 3rd AVE, Los Angeles, CA 90019
1206 3rd AVE, Los Angeles, CA 90019
1206 3rd AVE, Los Angeles, CA 90019
31
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$1,549,000
Est. payment /mo
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8 Beds
4 Baths
4,908 SqFt
New

1206 3rd AVE Los Angeles, CA 90019

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,908 sqft

Price per Sqft $315

MLS Listing ID 26837981

Bedrooms 8

HOA Y/N No

Year Built 1921

Lot Size 7,801 Sqft

Property Description

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Disposal, Gas Oven, Refrigerator

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Community Features Gated

View Y/N No

View None

Total Parking Spaces 4

Building

Lot Description Back Yard, Landscaped

Faces West

Story 2

Entry Level Two

Foundation Raised

Architectural Style Mediterranean

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5081020014

Security Features Gated Community,Window Bars

Financing Cash,Conventional,Cal Vet Loan,FHA,Private

Special Listing Condition Standard


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Listed by Paul Barbosa Century 21 Hollywood #01435896
Nearby Locations

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Aaron Gutridge

Aaron Gutridge

Agent | DRE DRE 02065630

+1(949) 357-9661

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1206 3rd AVE