3318 Thelma Avenue Los Angeles, CA $ 699,000
3318 Thelma Avenue
$ 699,000
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3318 Thelma Avenue

Los Angeles, CA, 90032
$ 699,000
Baths1.0 Sq 1,650

Monthly Estimate*

$ 4,304

Listed by KW Executive
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $699,000 with 1 full bath. This 1,650 square foot home was built in 1950 on a lot size of 0.1103.

3318 Thelma Ave is a well-maintained duplex in the El Sereno area of Los Angeles, offering two separate 2-bedroom, 1-bath units across 1,650 square feet. Both units are nearly equal in size, making this a balanced setup for an owner-occupant who wants rental income or an investor looking for a turnkey addition to their portfolio. The front unit comes with a fenced front yard, giving tenants private outdoor space and added curb appeal. The back unit has its own backyard, plus a small gated driveway that works well for additional parking or storage. Both units share a detached 2-car garage, which is accessed from the back street/alley. Both units are currently tenant-occupied and the property is in above-average condition throughout. This is a solid income-producing property in a centrally located neighborhood with easy access to Downtown LA, South Pasadena, and the 10 and 710 freeways. Floorplan is an approximation for visualization purposes and not exact.

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Multi-Family Active

Price

$ 699,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1103

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS26128629

Days on Market

12

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Close Of Escrow Negotiable
Appliances Dryer Washer
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1950
Tenant Pays Electricity Gas Trash Collection
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 26496
Community Features Sidewalks Urban
County Los Angeles
Net Operating Income 18299
Operating Expense 8197
Insurance Expense 108
New Construction false
Property Type Residential Income
HOA false
Contingency Offer subject to interior inspection property is tenant occupied.
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Between Huntington and Twining
City Los Angeles
Entry Location Main door
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 2
MLS Area 621 - El Sereno
Lot Size Units Square Feet
Lot Size Square Feet 4806
Listing Terms Cash Cash to New Loan Conventional FHA
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Trash Expense 0
Water Sewer Expense 142
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 72
Property Sub Type Additional Duplex
Taxes 728.12
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features Kitchen Living Room
Total Stories 1
Common Walls No Common Walls
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Garage On Street Uncovered
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 3
Lot Size Area 4806
Number of Buildings 1
Building Area Total 1650
Lot Size Acres 0.1103
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Kw Executive

Broker

wesleykang@kw.com

Email

Affordability Calculator

$4,304
Per Month
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Monthly Principal & Interest
$4,304
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$699,000 Listed Price

Map


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3318 Thelma Avenue, Los Angeles, CA, 90032 is a Multi-Family Home for sale at $699,000 with 1,650 sqft and a lot size of 0.1103. 3318 Thelma Avenue is a studio with 1.0 baths and was built in 1950. The property's zip code is 90032 which is in Los Angeles, CA