2025 3rd Avenue
Los Angeles, CA, 90018 $ 1,589,000
Baths0.0 Sq 3,446 Monthly Estimate*
$ 10,033
Studio for $1,589,000. This 3,446 square foot home was built in 1924 on a lot size of 0.16.
Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Among these, Unit #3 can be vacated if the buyer desires. The existing laundry room offers potential for conversion into an ADU (Buyer to verify all permits, zoning, and development possibilities). Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, individual meters (for water, gas, electricity - this is a great benefit!), fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. The property also offers on-site parking and attractive layouts with abundant natural light, making it highly desirable for tenants. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway, the property benefits from strong rental demand in one of Los Angeles' most established neighborhoods. Perfect for investors seeking stable cash flow, future rental upside, and long-term appreciation, or owner-users looking to offset their mortgage with rental income. This is an investment property that presents a good opportunity for buyers who wish to live in the unit while generating rental income. An excellent opportunity for a 1031 exchange or portfolio addition.
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FeaturesGeneralLiving Area 3446
Heating Wall Furnace
Zoning LARD2
Year Built 1924
Levels Two
County Los Angeles
Insurance Expense 2867
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 7002
Trash Expense 2004
Water Sewer Expense 1200
Standard Status Active
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InteriorInterior Amenities Ceiling Fan(s)
Total Stories 2
Heating Y/N true
Laundry Features Community Dryer Included Washer Included
Total Baths 0
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ExteriorLot Size Area 7002
Building Area Total 3446
Lot Size Acres 0.16
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* Excluded FeaturesList ByUrban Real Estate, Inc.Broker
therealtorluna@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,033
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,863,970
Percent of Sale Price 17%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $1,589,000 | | Listed Price |