2321 3rd Avenue
Los Angeles, CA 90018
14
Bed
7
Bath
4,178Sqft
6,505Sqft(Lot)
An exceptional investment opportunity to acquire a turnkey seven-unit apartment community in the highly sought-after Historic West Adams Terrace neighborhood tucked away on a quiet cul-de-sac street . The property consists entirely of seven 2-bedroom, 1-bathroom units featuring desirable open-concept living and kitchen layouts. Ownership has invested over $100,000 in recent capital improvements. Major upgrades include a newly installed 400-amp electrical service with new feeder lines to the subpanels, completion of soft-story seismic retrofit, and California's SB721 balcony requirements through newly upgraded balconies and all new steel railings. 3 units will be purposely delivered vacant, providing investors with the rare opportunity to lease at current market rates and establish their o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14Bathroom Information
Total Baths: 7Flooring Information
Carpet, Wood -
Interior Features
Appliances: Disposal, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1958Building Area Total: 4178Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6505 Lot Size Acres: 0.1493 Lot Size Source: Assessor Lot Size Square Feet: 6,505
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Listing Price Information
Listing Price: $1625000
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Tax Information
Parcel Number: 5059025005
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Virtual Tour
Parking Information
Parking Total: 12 AttachedCarport, Carport, DrivewayGarage Information
Has Attached Garage: Yes
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Location Information
Direction: West of Arlington Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1915 Cordova Street, Los Angeles, CA, 90018 | $848,000 | 2 | 1 | 1,608 | 6,505 Sqft |
| 1930 S La Salle Avenue, Los Angeles, CA, 90018 | $2,000,000 | 11 | 11 | 7,420 | 9,934 Sqft |
| 2052 S Hobart Boulevard, Los Angeles, CA, 90018 | $1,999,000 | 4 | 4 | 3,019 | 12,513 Sqft |
| 1419 W 36th Street, Los Angeles, CA, 90018 | $1,295,000 | 4 | 4 | 4,786 | 6,802 Sqft |
| 3013 Halldale Avenue, Los Angeles, CA, 90018 | $800,000 | 3 | 2 | 1,400 | 7,102 Sqft |
| 3111 Halldale Ave., Los Angeles, CA, 90018 | $1,050,000 | 4 | 2 | 1,545 | 5,853 Sqft |
| 1444 W 37th Street, Los Angeles, CA, 90018 | $4,500,000 | -- | -- | 9,056 | 6,841 Sqft |
| 2822 S La Salle Avenue, Los Angeles, CA, 90018 | $1,625,000 | 10 | 6 | 4,320 | 6,317 Sqft |
| 2248 S Hobart Boulevard, Los Angeles, CA, 90018 | $1,575,000 | 3 | 4 | 4,210 | 8,485 Sqft |
| 1506 W 36th Street, Los Angeles, CA, 90018 | $979,000 | 8 | 6 | 5,118 | 6,799 Sqft |
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ByOwner last updated this listing 09/10/2026 @ 11:06
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