1206 3rd Avenue Los Angeles, CA ^$ 1,549,000

1206 3rd Avenue

^$ 1,549,000

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1206 3rd Avenue

Los Angeles, CA, 90019

^$ 1,549,000

Studio Baths0.0 Sq 4,908

Monthly Estimate*

^$ 9,537

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,549,000. This 4,908 square foot home was built in 1921 on a lot size of 0.18.

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.

Multi-Family Active

Price

^$ 1,549,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Mediterranean

Lot Size

0.18

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026837981

Features

General

Living Area 4908

Heating Wall Furnace

Zoning LARD1.5

Architectural Style Mediterranean

Security Features Window Bars Gated Community

Year Built 1921

Tenant Pays Cable TV Electricity Gas Insurance Trash Collection

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Entry Location Ground Level w/steps

Senior Community Y/N false

MLS Area HPK - Hancock Park

Lot Size Units Square Feet

Lot Size Square Feet 7802

Additional Parcels Y/N false

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Flooring Carpet Tile Wood

Total Stories 2

Air Conditioning Y/N false

Heating Y/N true

Laundry Features Community

Total Baths 0

Exterior

Lot Features Landscaped Back Yard

Water Source None

Lot Size Area 7802

Foundation Details Raised None

Building Area Total 4908

Lot Size Acres 0.18

* Excluded Features

List By

Paul Barbosa

Listing Agent

Century 21 Hollywood

Broker

paulscottbarbosa@gmail.com

Affordability Calculator

$9,537

Per Month

Monthly Principal & Interest: $9,537
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,916,072

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2026	$1,549,000		Listed Price

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1206 3rd Avenue, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,549,000 with 4,908 sqft and a lot size of 0.18. 1206 3rd Avenue is a studio with 0.0 baths and was built in 1921. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/30/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1206 3rd Avenue

Multi-Family Home for sale in Los Angeles, CA

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