2025 3rd Avenue, Los Angeles, CA 90018
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
2025 3rd Avenue,Los Angeles, CA 90018
$1,499,000
- 9 Beds
- - Baths
- 3,446 sq. ft.
- Multi-family
- Active
Listed by: eun kim
Office: urban real estate, inc.
MLS#:CL26848141
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,499,000
- Price per sq. ft.:$435
About this home
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. Unit #3 can be delivered vacant if desired, providing an excellent opportunity for an owner-user or investor seeking additional flexibility.Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. A major benefit is that each unit is separately metered for WATER, GAS, and ELECTRICITY, helping reduce owner-paid utility expenses. The property also offers on-site parking, attractive layouts, and abundant natural light.Additional upside may be available through the existing laundry room, which offers potential for conversion into an ADU. Buyer to independently verify all permits, zoning, feasibility, and development possibilities with the appropriate authorities. BUYER FINANCING OPPORTUNITY: This property appears to be located within a designated Census Tract that may qualify eligible buyers for a Welcome Home Grant of up to $20,000 with no income restrictions. Grant funds may potentially be applied toward down payment assistance, closing costs and loan fees, or discount points for an interest-rate buydown to help lower monthly payments. Program features include 3% down payment available, no private mortgage insurance (PMI), and reduced origination fees. All loan programs, grant amounts, property and borrower eligibility, terms, and availability are subject to lender guidelines and approval. Buyer should independently verify eligibility and program details with a participating lender. 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' established neighborhoods.An excellent op...
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Home facts
- Year built:1924
- Listing ID #:CL26848141
- Added:82 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:9
- Living area:3,446 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1924
- Building area:3,446 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$435
Features and amenities
- Laundry features:Common Area, Dryer, Washer
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