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1206 3rd Ave

Los Angeles CA 90019

8
4
4
4908 sq. ft.
7802 sq. ft.
Other
Currently for sale - view listing

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.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
4908 sq. ft. floor area
7802 sq. ft. lot size
Other

Property history for 1206 3rd Ave

2019
Rented
Undisclosed
18 Mar 2019 by Century 21 Hollywood
2017
Rented
Undisclosed
25 Apr 2017 by Century 21 Hollywood

Happy sellers in Los Angeles

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 6 eight-bedroom other properties similar to 1206 3rd Ave, have been sold.

This represents a 15% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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