2406 3rd Avenue Los Angeles, CA $ 1,779,000
2406 3rd Avenue
$ 1,779,000
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2406 3rd Avenue

Los Angeles, CA, 90018
$ 1,779,000
Baths0.0 Sq 6,831

Monthly Estimate*

$ 11,099

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View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,779,000. This 6,831 square foot home was built in 1923 on a lot size of 0.2.

Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" of Historic West Adams, this beautifully remodeled fourplex is an exceptional opportunity for both investors and owner-users. Three of the four spacious units, each nearly 1,800 sq. ft., are delivered vacant, offering the comfort and scale of a single-family home with strong income potential. Updated interiors feature large kitchens, generous living areas, in-unit washer/dryers, and private patios or side yards in the remodeled units. Select units include added bathrooms and bonus rooms, enhancing flexibility and rental appeal. With projected market rents of approximately $4,500 per unit, the property can generate around $18,000 in monthly gross income. Each unit includes its own dedicated parking space, and there are three separate storage units available for tenant use. Ideally situated next to the renovated Benny H. Potter Park and minutes from USC, Culver City, Downtown LA, SoFi Stadium, the Metro Rail, and major studios, this prime West Adams location offers lasting value, strong rental demand, and exciting long-term growth potential as Los Angeles continues to expand ahead of the 2026 World Cup and 2028 Olympics.

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Multi-Family Active

Price

$ 1,779,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025600615

Features
General
Living Area 6831.0
Heating Central
Cooling Central Air
Zoning LARD2
Year Built 1923
Tenant Pays Electricity Gas
Levels Two
County Los Angeles
Net Operating Income 800.0
New Construction No
Property Type C
HOA No
Facing Direction West
Status Active
City Los Angeles
Entry Location Ground Level w/steps
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 8832.0
Virtual Tour https://vimeo.com/1127677047/25aeaac135?share=copy&fl=sv&fe=ci
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Laminate
Kitchen Appliances Dishwasher Refrigerator
Fireplace Features Living Room
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Driveway
Lot Size Area 8832.0
Foundation Details Raised
Pool Y/N? No
Building Area Total 6831.0
Lot Size Acres 0.2
Land Lease Type Fee
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* Excluded Features
List By
Meredith Schlosser

Listing Agent

Berkshire Hathaway Homeservices California Properties

Broker

Affordability Calculator

$11,099
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,099
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2025$1,779,000 Listed Price

Map


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2406 3rd Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,779,000 with 6,831 sqft and a lot size of 0.2. 2406 3rd Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90018 which is in Los Angeles, CA