Los Angeles, CA 90018,2406 3rd Ave
Los Angeles, CA 90018,2406 3rd Ave
Los Angeles, CA 90018,2406 3rd Ave
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$1,895,000
Est. payment /mo
8 Beds
4 Baths
6,831 SqFt

UPDATED:

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 $277

MLS Listing ID 25-481871

Style Country English

Bedrooms 8

Year Built 1923

Lot Size 8,832 Sqft

Acres 0.2028

Property Sub-Type Multi-Family

Property Description

Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" section of Historic West Adams, this beautifully refreshed fourplex is an exceptional opportunity for both investors and owner-users. With 3 of the 4 units delivered vacant, 5 car garage - it's easy to show and ready for immediate occupancy or premium leasing. Each unit offers nearly 1,800 sq ft of living space comparable in size to the average single-family home in Los Angeles creating a rare sense of comfort and privacy not often found in income properties. All four units feature spacious kitchens, generous living areas and flowing layouts. Several have been thoughtfully reimagined to increase value and functionality, with formal dining rooms converted into bonus rooms (no closets) and additional bathrooms added in the laundry areas. These strategic upgrades not only enhance livability but also boost rental potential. Projected market rents of approx. $4,500 per unit equate to a potential $18,000/month in gross income, making this property a true cash-flow generator. Additional highlights include washer/dryer in each unit, private patios and side yards for remodeled units, individual one-car garages, and ample street parking. Located next to the newly upgraded Benny H. Potter Park and within close proximity to USC, Culver City, Sofi Stadium, the Metro Rail, Downtown LA, and major Hollywood studios, this location is as central as it is promising. With the 2026 World Cup and 2028 Olympics bringing international attention to Los Angeles, this prime West Adams location is poised for significant growth and appreciation. Don't miss this chance to secure a large, refreshed, and income-ready asset in one of LA's most vibrant and culturally rich neighborhoods.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Kitchen Counter Top

Interior

Interior Features Laundry - Closet Stacked

Heating Central

Cooling Ceiling Fan

Equipment Dryer, Washer, Gas Dryer Hookup

Exterior

Parking Features Driveway, Garage, On street, Detached

Garage Spaces 5.0

Pool None

View Y/N Yes

View Park

Building

Story 2

Foundation Raised

Architectural Style Country English

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Pacific Playa Realty

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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