1328 3rd, Los Angeles, CA 90019

• 6 beds
• 2,347 sqft

Property Description

Investor opportunity in prime Mid-City Los Angeles – triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles' most desirable rental markets. The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods. Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units. Zoned LARD1.5, the property may offer future development potential and additional lan

Listing Status:

Active

Date Added:

March 3, 2026

Data Last Updated:

March 10, 2026 at 5:08PM

Listing Office:

RE/MAX TOP PRODUCERS : 909-590-8853

Listing Agent:

Armando Olmeda : 909-286-2005

MLS ID:

CRCV26045861

Interior

• Laundry: Common Area
• A/C: Central Air
• Heating: See Remarks
• Disability Feature: OtherSee Remarks

Exterior

• General: Front Yard
• Parking: Covered

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5072036008
• View: City Lights
• Fencing: Chain Link

Financial

• Source: CRMLS