1206 3rd Ave, Los Angeles, CA 90019
- $1,449,000
- 8
- BD
- 4
- BA
- 4,908
- SqFt
- List Price
- $1,449,000
- Price Change
- ▼ $50,000 1784867825
- MLS#
- 26837981
- Year Built
- 1921
- Bedrooms
- 8
- Bathrooms
- 4
- Living Sq. Ft
- 4,908
- Lot Size
- 7,802
- Days on Market
- 120
- Property Type
- Multifamily
- Style
- Mediterranean
- Stories
- 2
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.
Additional Information
- Association Amenities
- None
- Lot Description
- Landscaped, Back Yard
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- View
- None
- Number of Cars in Garage
- Detached, Garage Is Detached, Garage - 4+ Car
- Garage Spaces Total
- 4
Mortgage Calculator
Courtesy of Century 21 Hollywood, Paul Barbosa - CA DRE#01435896
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