2025 3rd Ave, Los Angeles, CA 90018
2025 3rd Ave, Los Angeles, CA 90018
2025 3rd Ave, Los Angeles, CA 90018
2025 3rd Ave, Los Angeles, CA 90018
2025 3rd Ave, Los Angeles, CA 90018
2025 3rd Ave, Los Angeles, CA 90018
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$ 1,589,000
Est. payment | /mo

9 Beds

4 Baths

3,446 SqFt


Save
$ 1,589,000
Est. payment | /mo
Save

9 Beds

4 Baths

3,446 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,446 sqft

Price per Sqft $461

MLS Listing ID 26848141

Bedrooms 9

Year Built 1924

Lot Size 7,002 Sqft

Acres 0.1607

Property Sub-Type Multi-Family

Property Description

Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Among these, Unit #3 can be vacated if the buyer desires. The existing laundry room offers potential for conversion into an ADU (Buyer to verify all permits, zoning, and development possibilities). Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, individual meters (for water, gas, electricity - this is a great benefit!), fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. The property also offers on-site parking and attractive layouts with abundant natural light, making it highly desirable for tenants. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway, the property benefits from strong rental demand in one of Los Angeles' most established neighborhoods. Perfect for investors seeking stable cash flow, future rental upside, and long-term appreciation, or owner-users looking to offset their mortgage with rental income. An excellent opportunity for a 1031 exchange or portfolio addition.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Flooring Mixed

Equipment Freezer, Refrigerator, Dryer, Ceiling Fan, Garbage Disposal, Hood Fan, Microwave, Washer, Range/Oven

Laundry Community

Exterior

Parking Features Other

Garage Spaces 10.0

Building

Lot Description 2-4 Lots

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Urban Real Estate, Inc.

Nearby Locations

Eddie Arnez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA, 91604, USA

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2025 3rd Ave