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2819 3rd Avenue, Los Angeles, CA 90018

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
2819 3rd Avenue,Los Angeles, CA 90018
$1,499,000
  • 9 Beds
  • 5 Baths
  • 2,550 sq. ft.
  • Multi-family
  • Active
Listed by: lorena alvarado, aleisha everett
Office: luxury collective818-726-3761
MLS#:26885929
Source:CRMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$587.84

About this home

Approx. 6.7% Market Cap Rate! Current gross rental income of approximately $10,400 per month. Fully occupied. Turnkey. Rare opportunity to acquire a pride-of-ownership 5-unit multifamily investment in the highly desirable Jefferson Park / West Adams neighborhood. Properties offering this combination of current income, major capital improvements, and remaining upside are increasingly difficult to find in Los Angeles.The property features four charming bungalow-style residences PLUS a newly built detached permitted 2-bedroom/1-bath ADU (2022) with its own Certificate of Occupancy. Three residences have been renovated into desirable 2-bedroom/1-bath homes, while one updated 1-bedroom/1-bath residence offers additional value-add potential through a future conversion to a 2-bedroom floor plan (buyer to verify). Three units are currently occupied under month-to-month tenancies, providing additional operational flexibility for the next owner. Major capital improvements completed within the...

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Home facts

  • Year built:1925
  • Listing ID #:26885929
  • Added:19 day(s) ago
  • Updated:September 14, 2026 at 11:13 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:2,550 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:2,550 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Modern
  • Levels:1 Story

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$587.84

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:4
  • Parking description:Assigned
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, 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 California Regional MLS (Southern California) 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 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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