1206 3rd AVE, Los Angeles, CA 90019
1206 3rd AVE, Los Angeles, CA 90019
1206 3rd AVE, Los Angeles, CA 90019
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Rachel Ashton, DRE01974862

Rachel Ashton, DRE01974862

+1(818) 319-2637
$1,549,000
Est. payment /mo
8 Beds
4 Baths
4,908 SqFt
Save

UPDATED:

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

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Paul Barbosa Century 21 Hollywood #01435896

Nearby Locations

GET MORE INFORMATION

Rachel Ashton, DRE01974862

Rachel Ashton, DRE01974862

+1(818) 319-2637

Agent | License ID: 01974862

Agent License ID: 01974862

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Rachel Ashton, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.