$1,549,000

1206 3rd Avenue, Los Angeles, CA 90019

4 beds
4,908 sqft

other
Built in 1921
7,841sqft lot
—— car garage
$316/sqft
Listed 22 days ago

Property 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.

Listing Status:: Active
Date Added:: May 22, 2026
Data Last Updated:: June 14, 2026 at 3:08AM
Listing Office:: Century 21 Hollywood : 323-462-7436
Listing Agent:: Paul Barbosa : 323-533-6155
MLS ID:: CL26837981

Laundry: Common Area
Flooring: TileCarpetWood
A/C: No Air Conditioning
Heating: Wall Furnace

General: Back Yard
Parking: Parking spaces: 4

County: Los Angeles

Zoning: LARD1.55081020014
View: None

This listing courtesy of Paul Barbosa , Century 21 Hollywood

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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