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$ 1,895,000
Est. payment /mo
Open Sun 2PM-4PM
2406 3rd AVE Los Angeles, CA 90018
8 Beds
4 Baths
6,831 SqFt
OPEN HOUSE
Sat May 10, 2:00pm - 4:00pm
Sun May 11, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,831 sqft
Price per Sqft $277
MLS Listing ID 25481871
Bedrooms 8
HOA Y/N No
Year Built 1923
Lot Size 8,833 Sqft
Property Description
Tucked away on a peaceful cul-de-sac in the coveted "The Avenues" enclave of Historic West Adams, this extraordinary quadruplex is a tremendous buy and a rare investment opportunity. With the 2026 World Cup and the 2028 Olympics bringing global attention to Los Angeles and the newly expanded Metro Rail just moments away this location is poised for exceptional growth and value. Whether you're looking to live in one unit and rent the others, or simply add a high-performing asset to your portfolio, this property offers unmatched potential in one of LA's most dynamic neighborhoods. Sitting proudly on a generous lot, this stately four-unit property showcases timeless charm with modern enhancements. Each expansive unit spans nearly 1,800 square feet and features large kitchens, spacious living areas, and a welcoming open layout. Three of the units have been thoughtfully reimagined to add functionality and increase market appeal- formal dining rooms have been transformed into additional bonus rooms (without closets), and bathrooms have been added in the laundry areas. With today's rental climate in West Adams, each unit has the potential to command around $4,000 per month, making this an income-generating powerhouse. That's a projected total of $16,000 per month across all four units an impressive return in such a desirable area. Each unit comes with washer/dryer hookups, and the remodeled residences enjoy private patios and side yards, offering coveted outdoor space. Individual one-car garages and plentiful street parking add everyday convenience for tenants and guests alike. Located next to the beautifully renovated Benny H. Potter Park, this property offers easy access to green spaces, hip cafe, boutique shops, and key cultural landmarks. Its central location places Downtown LA, USC, Culver City, Sofi Stadium, and major Hollywood studios just minutes away. This is a rare opportunity to own a spacious, income-ready property in a neighborhood rich with history and positioned for the future. Secure your place in West Adams now before the world arrives.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Central
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Features Driveway, Garage, On Street
View Y/N Yes
Attached Garage No
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5059026018
Special Listing Condition Standard
Listed by Obie Nwabuzor • Pacific Playa Realty