1714 3rd Ave, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1714 3rd Ave

Los Angeles, CA 90019
5,962 Lot Sq Ft
Built 1907
$1,250,000

Property Overview

Prime Mid-City 6-unit investment opportunity with significant value-add potential. The property features an excellent unit mix of six 1-bedroom/1-bath units situated on an oversized 5,962 SF LARD2-zoned lot. Four of the six units have been fully remodeled within the past five years, while recent capital improvements include an upgraded electrical panel, all new electrical breakers, and brand-new water heaters, reducing future maintenance costs. Total Current Rental Income is $9,295/month** There is a current proposal for conversion of the existing carport into a two-story ADU development of approximately 1,600 Sq. Ft. . The proposed project consists of four 1-bedroom ADU units of approximately 400 SF each, offering substantial upside in rental income and overall property value (buyer to verify). Ideally located in the heart of Mid-City, the property offers convenient access to Downtown Los Angeles, Culver City, Miracle Mile, Koreatown, and numerous employment centers. Strong rental demand, an excellent central location, and future ADU potential make this an outstanding opportunity for both long-term investors and value-add buyers seeking immediate upside. SEE SUPPLEMENTS FOR OFFERING MEMORANDUM

Home Details

Property type
Residential Income - Mixed Use
Year built
1907
Lot size
5,962 sq ft
Parking
4 spaces
Garage
4 spaces
Stories
2
Days on market
1
MLS status
Active
Zoning
LARD2

Features & Amenities

Parking

  • None

Pool

  • None

Lot

  • Rectangular Lot

Community, Schools & Utilities

Community

View
None

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1714 3rd Ave

Los Angeles, CA 90019

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Frequently Asked Questions About 1714 3rd Ave

Property type: Residential Income

The current asking price is $1,250,000. 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 1714 3rd Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1907. 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 1 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: Evelyn Baez Gonzalez
MLS ID: SBBAEZEVE

Available property

$1,250,000

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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.