2406 3rd Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,831 sqft
Price per Sqft $260
MLS Listing ID 25600615
Style Spanish Colonial
Bedrooms 11
Year Built 1923
Lot Size 8,832 Sqft
Acres 0.2028
Property Sub-Type Multi-Family
Property Description
Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" of Historic West Adams, this beautifully remodeled fourplex is an exceptional opportunity for both investors and owner-users. Three of the four spacious units, each nearly 1,800 sq. ft., are delivered vacant, offering the comfort and scale of a single-family home with strong income potential. Updated interiors feature large kitchens, generous living areas, in-unit washer/dryers, and private patios or side yards in the remodeled units. Select units include added bathrooms and bonus rooms, enhancing flexibility and rental appeal. With projected market rents of approximately $4,500 per unit, the property can generate around $18,000 in monthly gross income. Each unit includes its own dedicated parking space, and there are three separate storage units available for tenant use. Ideally situated next to the renovated Benny H. Potter Park and minutes from USC, Culver City, Downtown LA, SoFi Stadium, the Metro Rail, and major studios, this prime West Adams location offers lasting value, strong rental demand, and exciting long-term growth potential as Los Angeles continues to expand ahead of the 2026 World Cup and 2028 Olympics.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LARD2
Rooms
Other Rooms None
Kitchen Counter Top
Interior
Heating Central
Cooling Central
Flooring Tile, Laminate
Fireplaces Type Living Room
Equipment Dishwasher, Ceiling Fan, Dryer, Washer, Refrigerator, Range/Oven
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 4.0
Pool None
View Y/N Yes
View Park
Building
Story 2
Foundation Raised
Architectural Style Spanish Colonial
Level or Stories Two
Others
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1127677047/25aeaac135?share=copy&fl=sv&fe=ci