$1,449,000
 $7,779 est/mo Sourced by Back At You

1206 3rd Avenue,Los Angeles, CA 90019

Los Angeles, CA 90019

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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.

Details

MLS #26837981
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site102
Listing Provided ByCentury 21 Hollywood | Paul Barbosa

Features

Bed(s)8
Bath(s)4
SQ Feet4,908
Garage4
Story(s)2
Units4
Building(s)1
ZoningLARD1.5
Acreage0.18
Property ViewNone

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
Interior FeaturesCeiling Fans
AppliancesDisposal, Gas Oven, Refrigerator

Exterior

Security FeaturesGated Community, Window Bars
Foundation DetailsRaised
Lot FeaturesBack Yard, Landscaped

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes

Location

Community FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90019
AreaC18 Hancock Park Wilshire
Listing VS Median (in 90019)
Price:
$1,449,000
low | high
Med:
$1,712,500
31.815044858523% of Average
sqft:
4,908
low | high
Med:
3,700
74.612876935615% of Average
$ / sqft:
$295
low | high
Med:
$463
6.955001416583% of Average
On site:
102
low | high
Med:
472.5
21.587301587302% of Average
Sourced by Back At You

Market Activity 90019

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90019
AreaC18 Hancock Park Wilshire
Listing VS Median (in 90019)
Price:
$1,449,000
low | high
Med:
$1,712,500
31.815044858523% of Average
sqft:
4,908
low | high
Med:
3,700
74.612876935615% of Average
$ / sqft:
$295
low | high
Med:
$463
6.955001416583% of Average
On site:
102
low | high
Med:
472.5
21.587301587302% of Average
Sourced by Back At You
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Price: $1.86M - $1.811M
sqft: 3,500 - 6,000
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Listing Updated: August 21, 2026 at 11:09:33 PM PDT