$1,449,000
1206 3rd Avenue
Los Angeles, CA 90019
8
Beds
4
Baths
4,908
Square feet
1921
Built
Listing narrative
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.
Property Details
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Price
$1,449,000
Beds
8 bd
Type
House
Home Size
4,908 sqft
Baths
4
Lot Size
0.18 acres
Year
1921
Status
For Sale
Days on Market
170
$ / Sqft
$295
Courtesy of Century 21 Hollywood






