1417 3rd Avenue, Los Angeles, CA 90019

About this property

Well maintained 4-unit multifamily property located in the Arlington Heights neighborhood where the tenants can easily access to public transportation stops and the 10 freeway. It is also within close proximity to Koreatown and USC. The property is comprised of (Two) Large 2 bedroom + 1.5 bathroom / (Two) Large 2 bedroom + 1 bathroom and all units are separately metered for gas and electricity. The subject property is also situated on +-7,000SF lot which has a potential to develop additional ADU for extra income (Buyer to verify). Currently, three units are month-to-month and one unit just leased for 1 year at $1,700/M. All rents are current. Excellent 1031 exchange replacement property if you are looking for replacement of your rental property. PLEASE DO NOT DISTURB TENANTS / OFFERS SUBJECT TO INSPECTION / BUYER TO VERIFY ALL INFORMATION.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$1,395,000

Sold September 2021 · on market May 2021 · MLS #SB21111502 · Source: CRMLS

Listing Agent: Ki Young Kim · Listing Office: Solidon Real Estate · Contact: 213-706-5848 · Bought with: David Kim · Max Mega Group

$1,250,000

Sold March 2017 · listed $1,295,000, on market January 2017 · MLS #17197354 · Source: CRMLS

Listing Agent: Eva Kwag · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Jun Chang · New Star Realty & Investment

$800,000

Sold June 2013 · listed $850,000, on market March 2013 · MLS #13660313 · Source: CRMLS

Listing Agent: Keith Moret · Listing Office: Keller Williams Beach Cities · Contact: 310-376-4600 · Bought with: Sun Jae Lee · New Star Realty

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