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2025 3rd Avenue

Los Angeles, CA 90018
Mark as Favorite
Bed 9

Bed

Bath 4

Bath

SqFt3,446

Sqft

SqFt7,002

Sqft(Lot)

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. Among these, Unit #3 can be vacated if the buyer desires. The existing laundry room offers potential for conversion into an ADU (Buyer to verify all permits, zoning, and deve lopment possibilities). Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, individual meters (for water, gas, electricity - this is a great benefit!), fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. The property also offers on-site parking and attractive layouts with abundant natural light, making it highly desirable for tenants. 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' most established neighborhoods. Perfect for investors seeking stable cash flow, future rental upside, and long-term appreciation, or owner-users looking to offset their mortgage with rental income. This is an investment property that presents a good opportunity for buyers who wish to live in the unit while generating rental income. An excellent opportunity for a 1031 exchange or portfolio addition.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,589,000

AD Id : 89028211

MLS Id : 26848141

Beds : 9

Lot Size : 7,002 Sqft

Living Area Size : 3,446

Year Built : 1924

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 4
  • Interior Features

    CeilingFans
    Appliances: Disposal, Microwave, Oven, Refrigerator, RangeHood, Dryer, Washer
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1924
    Building Area Total: 3446
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7002 Lot Size Acres: 0.1607 Lot Size Square Feet: 7,002

  • Listing Price Information

    Listing Price: $1589000
    Original Price: $1549000

  • Tax Information

    Parcel Number: 5060027017

  • Parking Information

    Parking Total: 10

  • Location Information

    Direction: Jefferson Park area. North of the 10 Freeway and south of Washington Blvd. Located on 3rd Ave between W. 20th St and W. 21st St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,000,000 11 11 7,420 7,420 SqFt
1760 W 24th Street, Los Angeles, CA, 90018 $799,000 6 -- 2,623 2,623 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
3111 Halldale Ave., Los Angeles, CA, 90018 $1,300,000 4 2 1,545 1,545 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2822 S La Salle Avenue, Los Angeles, CA, 90018 $1,625,000 10 6 4,320 4,320 SqFt
2200 S Hobart Boulevard, Los Angeles, CA, 90018 $1,295,000 4 2 2,649 2,649 SqFt
2248 S Hobart Boulevard, Los Angeles, CA, 90018 $1,575,000 3 2 4,210 4,210 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 10:13

MLS: 26848141 LISTED BY: Eun Kim, Urban Real Estate, Inc. 213-318-0777 SOURCE: CRMLS

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