1206 3rd Ave, Los Angeles, CA 90019
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1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
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$ 1,549,000
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1206 3rd Ave Los Angeles, CA 90019

8 Beds

4 Baths

4,908 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,908 sqft

Price per Sqft $315

MLS Listing ID 26837981

Style Mediterranean

Bedrooms 8

Year Built 1921

Lot Size 7,802 Sqft

Acres 0.1791

Property Sub-Type Multi-Family

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 Hancock Park-Wilshire

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Hardwood, Carpet, Tile

Equipment Ceiling Fan, Garbage Disposal, Refrigerator

Laundry Community, Laundry Area

Exterior

Parking Features Detached, Garage Is Detached, Garage - 4+ Car

Garage Spaces 4.0

Amenities Available None

View Y/N No

View None

Building

Lot Description Landscaped, Back Yard

Story 2

Foundation Raised

Architectural Style Mediterranean

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Century 21 Hollywood
Sharon Baluku
Sharon Baluku

Agent | License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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1206 3rd Ave