2406 3rd Avenue
Los Angeles, CA 90018
- – beds
- – baths
- – sqft
- 8,832 sqft lot
- 1923 build
- – on site
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.
Last checked:
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Last updated Feb 13, 2025
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MLS# 25481871 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1923
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New Construction:No
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Building Area Total:6831.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
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Faces:West
Interior
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Levels:Two
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:Jefferson and 3rd Ave
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Latitude:34.03519000
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Longitude:-118.31970400
The Property
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Property Type:Residential Income
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Zoning:LARD2
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Lot Size Area:8832.0000
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Lot Size Acres:0.2028
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Lot Size SqFt:8832.00
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5059026018
Heating & Cooling
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Heating:1
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Heating:Central
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway, Garage, Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/10/25
Feb 10, 2025
|
Price Changed | CRMLS_CA | $1,895,000 | -9.6% |
|
1/13/25
Jan 13, 2025
|
Listed / Active | CRMLS_CA | $2,097,000 | 19.5% (15.4% / YR) |
|
10/17/24
Oct 17, 2024
|
Price Changed | CRMLS_CA |
