3685 3rd Avenue, Los Angeles, CA 90018

About this duplex

Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,150,000

Sold October 2023 · listed $1,199,000, orig. $1,250,000, on market May 2023 · MLS #RS23083371 · Source: CRMLS

Listing Agent: Lance Kim · Listing Office: Paradise Realty · Contact: closingtoday@gmail.com · Bought with: Melody A. Jiggetts · Melody A. Jiggetts

$1,075,000

Sold October 2021 · listed $1,150,000, on market August 2021 · MLS #21771660 · Source: CRMLS

Listing Agent: Kellen Moriarty · Listing Office: Real Estate eBroker Inc. · Contact: 760-722-3222 · Bought with: Lance Kim · Paradise Realty

$1,012,000

Sold August 2018 · listed $998,000, on market July 2018 · MLS #18364460 · Source: CRMLS

Listing Agent: Jeffrey Bar · Listing Office: NELA Homes · Contact: 323-316-9800 · Bought with: James Crane · Coldwell Banker Residential Br

$1,012,000

Sold August 2018 · listed $998,000, on market July 2018 · MLS #18364470 · Source: CRMLS

Listing Agent: Jeffrey Bar · Listing Office: NELA Homes · Contact: 323-316-9800 · Bought with: James Crane · Coldwell Banker Residential Br

$548,500

Sold February 2018 · listed $535,000, orig. $549,000, on market September 2017 · MLS #17267038 · Source: CRMLS

Listing Agent: Rada Roberts · Listing Office: Coldwell Banker Residential Br · Contact: 310-820-6651 · Bought with: Rada Roberts · Coldwell Banker Residential Br

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