2406 3rd Ave new 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 $306
MLS Listing ID 25-481871
Style Country English
Bedrooms 8
Year Built 1923
Lot Size 8,832 Sqft
Acres 0.2028
Property Description
Nestled in the highly sought-after "The Avenues" of Historic West Adams, this remarkable quadruplex presents an unparalleled investment opportunity. Sitting on a prominent lot, this spacious property offers four expansive units, each just shy of 1,800 sq. ft., and radiates timeless charm with thoughtful upgrades throughout. Each unit is designed with functionality and comfort in mind, boasting large kitchens, generous living spaces, and a welcoming open feel. Three of the units have been reimagined to maximize income potential, with formal dining rooms converted into additional rooms (without closets) and the addition of a bath in the laundry area. These upgraded units currently generate impressive rental income, with rents of $4,000, $3,500, and $4,500 (total for $1,500 per room). The fourth unit remains a classic 2-bedroom, 1-bath layout with a formal dining room, rented at $1,400. Practicality and convenience abound with washer/dryer hookups in each unit, private patios and side yards in the remodeled units, and individual one-car garages. Additional street parking ensures ample space for tenants and guests. Situated next to the beautifully renovated Benny H. Potter Park, this property is in a vibrant neighborhood that offers access to lush green spaces, trendy eateries, unique shops, and more. Its central location ensures that some of Los Angeles' most iconic destinations, including Downtown LA, USC, Culver City, Sofi Stadium, and Hollywood studios, are just minutes away. Whether you're looking to live in one unit while renting out the others or seeking a profitable addition to your investment portfolio, this quadruplex delivers unmatched potential. Opportunities like this are rare in Historic West Adams, don't miss your chance to own a prime piece of this dynamic and historic neighborhood.
Location
State CA
County Los Angeles
Area Mid Los Angeles
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Central
Cooling Ceiling Fan
Equipment Dryer, Washer, Gas Dryer Hookup
Exterior
Parking Features Driveway, Garage, On street, Detached
View Y/N Yes
View Park
Building
Story 2
Architectural Style Country English
Level or Stories Two
Others
Special Listing Condition Standard