849 3rd Avenue

Los Angeles CA 90005

2036 sq. ft.

9979 sq. ft.

Single-Family

Last sold for $1,335,000

Gina Ibarrola, last sold this property on 14 May 2026 after 13 days on market.

Overview

Wilshire Park opportunity with tremendous upside! Located on one of the most desirable tree-lined streets in historic Wilshire Park HPOZ, this classic 1922 character home offers 4 bedrooms, 3 bathrooms, approximately 2,036 sq. ft. of living space on an oversized nearly 10,000 sq. ft. lot with a private pool an increasingly rare find in this central Los Angeles location. Public records show a 9,976 sq. ft. lot and strong surrounding home values, making this an exceptional value-add opportunity for investors and owner-users alike. This is ideal for buyers looking to customize, renovate, expand, or reposition for significant equity growth. The spacious backyard and pool create endless possibilities for luxury outdoor living, ADU potential (buyer to verify), or a premium resale strategy. Surrounded by larger renovated homes and strong comparable sales in the $1.5M$1.9M+ range, this property presents a rare chance to secure a prime asset below replacement cost. Nearby access to Larchmont Village, Koreatown, Downtown Los Angeles, and major studios makes this location highly attractive for both homeowners and long-term investors. Perfect for savvy investors seeking flip or hold opportunities, as well as regular homebuyers wanting to create their dream home in one of LA's walkable and historic residential neighborhoods. Delivered vacant, buyers to conduct own due diligence.

Features

4 bedrooms

3 bathrooms

2 carspaces

2036 sq. ft. floor area

9979 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 849 3rd Avenue is $1.78m.

Median value

$1.78m

Estimated value range

$1.33m - $2.5m

Median days on market

Estimated value trend

-19%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 849 3rd Avenue

2026

Sold

$1,335,000

14 May 2026 by Gina Ibarrola, of Keller Williams Larchmont

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.