2406 3rd Avenue
Los Angeles, CA 90018
6831 sqft | 8 beds | 0.20 acres | #25481871
Description
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,097,000
- MLS #25481871
- MLS #25481871
- Cost1895000
- Acres0.2028
- Square Feet6831
- Year Built1923
- Bedrooms8
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Obie Nwabuzor (#CLW-C126333)
Listing Office: Pacific Playa Realty (#CLW-X78900)

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