2406 3rd Avenue
Los Angeles , CA 90018
MLS#: 25600615
$1,779,000

Property
Beds
11
Full Baths
None
1/2 Baths
None
Year Built
1923
Sq.Footage
6,831
Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" of Historic West Adams, this beautifully remodeled fourplex is an exceptional opportunity for both investors and owner-users. Three of the four spacious units, each nearly 1,800 sq. ft., are delivered vacant, offering the comfort and scale of a single-family home with strong income potential. Updated interiors feature large kitchens, generous living areas, in-unit washer/dryers, and private patios or side yards in the remodeled units. Select units include added bathrooms and bonus rooms, enhancing flexibility and rental appeal. With projected market rents of approximately $4,500 per unit, the property can generate around $18,000 in monthly gross income. Each unit includes its own dedicated parking space, and there are three separate storage units available for tenant use. Ideally situated next to the renovated Benny H. Potter Park and minutes from USC, Culver City, Downtown LA, SoFi Stadium, the Metro Rail, and major studios, this prime West Adams location offers lasting value, strong rental demand, and exciting long-term growth potential as Los Angeles continues to expand ahead of the 2026 World Cup and 2028 Olympics.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
11
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.2028
-
Property Type
Residential Income
Price
-
Sales Price
$1,779,000
-
Sq. Footage
6, 831
-
Price/SqFt
$260
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Raised
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Meredith Schlosser , Berkshire Hathaway HomeServices California Properties
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