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.

Property details

Bedrooms

8

Bathrooms

4

Square feet

4,908

Year built

1921

Property type

Residential Income

Lot size

7,802 sqft

Location

1206 3rd Avenue • Los Angeles, CA 90019

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Listing Agent

Paul Barbosa

DRE #: 01435896

Brokerage: Century 21 Hollywood

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Closed sales reported in 90019, nearest first, last 12 months. All recent sales in Los Angeles →

CRMLS

MLS# 26837981

Listed: 5/22/2026 5:36 PM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/19/2026 3:08 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Century 21 Hollywood

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

8-Bedroom Residential Income - 1206 3rd Avenue, Los Angeles, CA