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1206 3rd Ave , Los Angeles, CA 90019
$1,449,000
Est. Payment: $7,738.67/mo
4 Bed
2 Bath
4908 Sqft
Status: Active | Days on site: 84
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CLW-L02655 - CLW-X64177
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Chris Heller
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House 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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Highlights

Listed by Paul Barbosa , 323-533-6155 Century 21 Hollywood , 323-462-7436. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.18

Year Built

1921

County

Los Angeles

Area

C18 - Hancock Park-Wilshire

Listing ID

26837981

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:0
Appliances:Disposal, Gas Oven, Refrigerator
Floor:Carpet,Tile,Wood
Other:
  • ▪ Additional:Ceiling Fan(s)

Exterior Features

Lot:Back Yard,Landscaped,No Land Lease
Garage Capacity:4
Zoning:LARD1.5
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$7,739
Taxes
$924

Home Price

$1,449,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$289,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,738.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,738.67 $923.74 $0.00 $8,662.41
Yearly $92,864.09 $11,084.85 $0.00 $103,948.94
Total $2,785,922.70 $332,545.50 $0.00 $3,118,468.20

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T05:04:10.000Z

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