1714 3rd Ave
Los Angeles, CA 90019
6
Bed
6
Bath
5,962Sqft(Lot)
Prime Mid-City 6-unit investment opportunity with significant value-add potential. The property features an excellent unit mix of six 1-bedroom/1-bath units situated on an oversized 5,962 SF LARD2-zoned lot. Four of the six units have been fully remodeled within the past five years, while recent capital improvements include an upgraded electrical panel, all new electrical breakers, and brand-new water heaters, reducing future maintenance costs. Total Current Rental Income is $9,295/month** There is a current proposal for conversion of the existing carport into a two-story ADU development of approximately 1,600 Sq. Ft. . The proposed project consists of four 1-bedroom ADU units of approximately 400 SF each, offering substantial upside in rental income and overall property value (buyer
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1907Building Area Total: 3310Stories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 5962 Lot Size Acres: 0.1369 Lot Size Source: Assessor Lot Size Square Feet: 5,962 Lot Description: RectangularLot
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Listing Price Information
Listing Price: $1250000Cash, CashToNewLoan
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Tax Information
Parcel Number: 5072031014 Tax Lot: 14 Tax Block: B
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Virtual Tour
Parking Information
Parking Total: 4 NoneGarage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: North of Washington South of Venice Blvd WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
| 1138 S St Andrews Place, Los Angeles, CA, 90019 | $1,343,000 | 4 | 2 | 1,830 | 1,830 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 |
| 1220 S Wilton Place, Los Angeles, CA, 90019 | $1,765,000 | 4 | 1 | 3,382 | 3,382 SqFt |
| 1251 S Wilton Place, Los Angeles, CA, 90019 | $2,250,000 | 9 | -- | 5,634 | 5,634 SqFt |
| 918 5th, Los Angeles, CA, 90019 | $1,375,000 | 3 | 5 | 1,619 | 1,619 SqFt |
| 2442 W 18th Street, Los Angeles, CA, 90019 | $2,750,000 | 15 | -- | 8,431 | 8,431 SqFt |
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ByOwner last updated this listing 07/24/2026 @ 22:28
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