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8-Bedroom ResidentialIncome — 1206 3rd Avenue, Los Angeles, CA

$1,449,000

1206 3rd Avenue, Los Angeles, CA

$1,449,000 — 1206 3rd Avenue, Los Angeles, CA — photo 1 $1,449,000 — 1206 3rd Avenue, Los Angeles, CA — photo 2 $1,449,000 — 1206 3rd Avenue, Los Angeles, CA — photo 3 $1,449,000 — 1206 3rd Avenue, Los Angeles, CA — photo 4 $1,449,000 — 1206 3rd Avenue, Los Angeles, CA — photo 5
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About this property

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
ResidentialIncome

Location

1206 3rd Avenue • Los Angeles, CA 90019

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Listed by

Paul Barbosa · Century 21 Hollywood

Listing courtesy of Century 21 Hollywood. Information deemed reliable but not guaranteed.

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