1206 3rd Avenue, Los Angeles, CA 90019
- $1,449,000
- 8
- BD
- 4
- BA
- 4,908
- SqFt
Listing courtesy of Listing Agent: Paul Barbosa (paulscottbarbosa@gmail.com) from Listing Office: Century 21 Hollywood.
- List Price
- $1,449,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 78
- Price Change
- ▼ $50,000 1784868392
- MLS#
- 26837981
- Subtype
- Residential Income
- Style
- Mediterranean
- Year Built
- 1921
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,908
- Lot Size
- 7,802
- Acres
- 0.18
- MLS Area Major
- Hancock Park-Wilshire (C18)
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.
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Additional Information
- Interior Features
- Ceiling Fan(s)
- Property Description
- Mediterranean
- Zoning
- LARD1.5
- Flooring
- Carpet, Tile, Wood
- Appliances
- Disposal, Gas Oven, Refrigerator
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Garage Spaces
- 4
- View
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.