1206 3rd Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

1206 3rd Avenue

Los Angeles, CA 90019
8 Beds
4 Baths
4,908 Sq Ft
Built 1921
$1,449,000
Price ReducedWas $1,549,000 — $1,449,000 (-$100,000)

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1921
Living area
4,908 sq ft
Lot size
7,802 sq ft
Parking
4 spaces
Garage
4 spaces
Stories
2
Days on market
150
MLS status
Active
Architectural style
Mediterranean
Zoning
LARD1.5

Features & Amenities

Interior

  • Ceiling Fans

Appliances

  • Disposal
  • Gas Oven
  • Refrigerator

Lot

  • Back Yard
  • Landscaped

Security

  • Gated Community
  • Window Bars

Community, Schools & Utilities

Community

View
None

Utilities

Heating
WallFurnace
Cooling
None
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Location & Neighborhood

1206 3rd Avenue

Los Angeles, CA 90019

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Frequently Asked Questions About 1206 3rd Avenue

Property type: Residential Income

The current asking price is $1,449,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1206 3rd Avenue. Our team will confirm availability and timing.
This 8 bedrooms and 4 bathrooms property offers approximately 4,908 square feet of living space. It was built in 1921. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 150 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Paul Barbosa
MLS ID: CLW-X64177

Available property

$1,449,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.