Active
2406 3rd Ave
Los Angeles CA, 90018
$2,097,000
$306.98 per sqft
Active
8 Beds
4 Baths
6,831 sqft
Multi-family
Built in 1923
Nestled in the highly sought-after "The Avenues" of Historic West Adams, this remarkable quadruplex presents an unparalleled investment opportunity. Sitting on a prominent lot, this spacious property offers four expansive units, each just shy of 1,800 sq. ft., and radiates timeless charm with thoughtful upgrades throughout. Each unit is designed with functionality and comfort in mind, boasting large kitchens, generous living spaces, and a welcoming open feel. Three of the units have been reimagined to maximize income potential, with formal dining rooms converted into additional rooms (without closets) and the addition of a bath in the laundry area. These upgraded units currently generate impressive rental income, with rents of $4,000, $3,500, and $4,500 (total for $1,500 per room). The fourth unit remains a classic 2-bedroom, 1-bath layout with a formal dining room, rented at $1,400. Practicality and convenience abound with washer/dryer hookups in each unit, private patios and side yards in the remodeled units, and individual one-car garages. Additional street parking ensures ample space for tenants and guests. Situated next to the beautifully renovated Benny H. Potter Park, this property is in a vibrant neighborhood that offers access to lush green spaces, trendy eateries, unique shops, and more. Its central location ensures that some of Los Angeles' most iconic destinations, including Downtown LA, USC, Culver City, Sofi Stadium, and Hollywood studios, are just minutes away. Whether you're looking to live in one unit while renting out the others or seeking a profitable addition to your investment portfolio, this quadruplex delivers unmatched potential. Opportunities like this are rare in Historic West Adams, don't miss your chance to own a prime piece of this dynamic and historic neighborhood.
25-481871
MLSⓇ ID
January 13, 2025
Listed
January 17, 2025
Updated
Map
2406 3rd Ave
Los Angeles CA, 90018
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
4
Appliances
Dryer, Washer, Gas Dryer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.2 Acres
Architectual Style
Country English
Other Property Details
Area Name
Mid Los Angeles
Days on Market
4
Garage
Yes
Parking
Driveway, Garage, On street, Detached
Parking Total
0
View
Yes
View Description
Park
County
Los Angeles
Pool
No
Zoning
LARD2
Listed by Obie Nwabuzor with Pacific Playa Realty
Listing Contact: 310-200-4649
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Aspire Los Angeles shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/17/2025