$1,519,000

2025 3rd Avenue, Los Angeles, CA 90018

  • 9 beds
  • 3,446 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $441/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Unit #3 can be delivered vacant if desired, providing an excellent opportunity for an owner-user or investor seeking additional flexibility.Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. A major benefit is that each unit is separately metered for WATER, GAS, and ELECTRICITY, helping reduce owner-paid utility expenses. The property also offers on-site parking, attractive layouts, and abundant natural light.Additional upside may be available through the existing laundry room, which offers potential for conversion into an ADU. Buyer to independently verify all permits, zoning, feasibility, and development possibilities with the appropriate authorities. BUYER FINANCING OPPORTUNITY: This property appears to be located within a designated Census Tract that may qualify eligible buyers for a Welcome Home Grant of up to $20,000 with no income restrictions. Grant funds may potentially be applied toward down payment assistance, closing costs and loan fees, or discount points for an interest-rate buydown to help lower monthly payments. Program features include 3% down payment available, no private mortgage insurance (PMI), and reduced origination fees. All loan programs, grant amounts, property and borrower eligibility, terms, and availability are subject to lender guidelines and approval. Buyer should independently verify eligibility and program details with a participating lender. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway. The property benefits from strong rental demand in one of Los Angeles' established neighborhoods.An excellent op

Listing Status:
Active
Date Added:
August 1, 2026
Data Last Updated:
October 9, 2026 at 2:07AM
Listing Office:
Urban Real Estate, Inc. : 213-318-0777
Listing Agent:
Eun Kim : 213-451-7333
MLS ID:
CL26848141
  • Laundry: Common AreaDryerWasher
  • Heating: Wall Furnace
  • Parking: Parking spaces: 10
  • County: Los Angeles
  • Zoning: LARD25060027017

This listing courtesy of Eun Kim , Urban Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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