1206 3rd Avenue, Los Angeles, CA 90019
1206 3rd Avenue, Los Angeles, CA 90019
1206 3rd Avenue, Los Angeles, CA 90019
31
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$1,449,000
Est. payment /mo
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4 Beds
4,908 SqFt
Active Under Contract

1206 3rd Avenue Los Angeles, CA 90019

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Mike & Jules Guzzardo Team

Mike & Jules Guzzardo Team

+1(925) 864-5757

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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,908 sqft

Price per Sqft $295

MLS Listing ID CL26837981

Bedrooms 4

HOA Y/N No

Year Built 1921

Lot Size 7,802 Sqft

Acres 0.18

Property Sub-Type OTHER

Property Description

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Carpet, Tile, Wood

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Back Yard

View Y/N false

View None

Total Parking Spaces 4

Building

Lot Description Back Yard, Landscaped

New Construction No

Others

Tax ID 5081020014


Bridge MLS
Listed by Paul Barbosa • Century 21 Hollywood

A FEW WORDS FROM PAST CLIENTS

NEARBY SCHOOL & BUSINESS

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Mike & Jules Guzzardo Team

Mike & Jules Guzzardo Team

Realtor r01066846,01955798,02086289

+1(925) 864-5757

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1206 3rd Avenue