1206 3rd Avenue
Los Angeles, CA 90019
8
Bed
0
Bath
4,908Sqft
7,802Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 4 Full Baths: 0 Half Baths: 0 -
Interior Features
Interior Features: Ceiling Fan(s) Property Appliances: Disposal,Gas Oven,Refrigerator Flooring: Carpet,Tile,Wood -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1921 Building Area Total: 4,908 -
Foundation
RaisedSecurity Features
Gated Community,Window Bars -
Laundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1791 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7802
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Listing Price Information
Original List Price: 1,549,000 Listing Contract Date: 2026-05-22 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5081020014
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Insurance,Trash Collection
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Other Property Info
Source Listing Status: Active Source Neighborhood: C18 - Hancock Park-Wilshire Postal Code Plus 4: 3553 Directions: Just West of Arlington Ave, North of Pico Blvd Zoning: LARD1.5 Source Property Type: Residential Income Area: C18 - Hancock Park-Wilshire -
Building and Construction
Property Age: 105 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 4908 Entry Level: 1 Entry Location: Ground Level w/steps Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1117 S Manhattan Place, Los Angeles, CA, 90019 | $1,399,000 | 4 | 2 | 1,807 | 1,807 SqFt |
| 1044 S St Andrews Place, Los Angeles, CA, 90019 | $1,490,000 | 5 | 3 | 2,133 | 2,133 SqFt |
| 1254 S Manhattan, Los Angeles, CA, 90019 | $1,790,000 | 6 | 3 | 3,024 | 3,024 SqFt |
| 941 S Gramercy Place, Los Angeles, CA, 90019 | $2,695,000 | 12 | -- | 7,360 | 7,360 SqFt |
| 1415 S Manhattan Place, Los Angeles, CA, 90019 | $2,280,000 | 9 | 5 | 7,512 | 7,512 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $2,799,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1415 S St Andrews Place, Los Angeles, CA, 90019 | $1,925,000 | 12 | -- | 9,268 | 9,268 SqFt |
| 1070 S Wilton Place, Los Angeles, CA, 90019 | $2,300,000 | 4 | 2 | 3,190 | 3,190 SqFt |
| 1023 S Wilton Place, Los Angeles, CA, 90019 | $1,425,000 | 7 | 7 | 2,660 | 2,660 SqFt |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 03:52
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