2406 3rd Avenue

Los Angeles, CA 90018

$2,190,000
Price
5
Beds
10
Baths
6,831 Sq. Ft.
$321 / Sq. Ft.
6,831
Sq. Ft.
$321
per Sq. Ft.

Description

Great Investment opportunity to own a Quadraplex located in "The Avenues" of Historic West Adams on a corner lot! This spacious property is what you call a rare find. Four large units, each just shy of 1,800 sq. ft. featuring 2 bedrooms and 1 bath, large kitchens and spacious living rooms with a beautiful open feel. Each unit comes with a 1 car garage and plenty of street parking as well as washer and dryer hookups in each unit. 3 units are rented, and 1 unit is vacant (possible owner’s unit) and...Great Investment opportunity to own a Quadraplex located in "The Avenues" of Historic West Adams on a corner lot! This spacious property is what you call a rare find. Four large units, each just shy of 1,800 sq. ft. featuring 2 bedrooms and 1 bath, large kitchens and spacious living rooms with a beautiful open feel. Each unit comes with a 1 car garage and plenty of street parking as well as washer and dryer hookups in each unit. 3 units are rented, and 1 unit is vacant (possible owner’s unit) and tastefully remodeled with a private side yard and patio. Perfect opportunity for you to pick your own tenant or live in the vacant unit & continue renting the others. Located next to the beautifully renovated Benny H. Potter, West Adams Avenues Memorial Park. This central location is perfect for exploring the parks, shops, restaurants, and many other amenities nearby. You are also conveniently minutes from DTLA, USC, Culver City Sofi Stadium & Hollywood studios. This property is an incredible opportunity that won't last long!
  1. Listed by Davin Emmons • DRE #01419145 • Brokerage DRE #01814504 • HomeSmart, Evergreen Realty • 949-874-8961

Property Details for 2406 3rd Avenue

Architectural Style
Mid Century Modern
View
Park/Greenbelt
Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6831
LISTING UPDATED: 10/17/2024 11:25 PM

Property Details for 2406 3rd Avenue

StatusActive
MLS #OC24146907
Days on Market122
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.20 AC / 8,832 SF
CountyLos Angeles County

Building Information for 2406 3rd Avenue

Stories2Residences-Year Built1923Building Size-Lot Size0.20 AC / 8,832 SF

Property Information for 2406 3rd Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $1,400
  • Gross Scheduled Income: $11,900
  • Net Operating Income: $1,400
Expense Details
  • Operating Expense: $1,400
  • Fuel Expense: $100
  • Electric Expense: $200
  • Insurance Expense: $500
  • Trash Expense: $150
  • Water Sewer Expense: $200
  • Total Expenses: $1,150
Tax / Assessment Info
  • Tax Tract Number: 2189
  • Tax Census Tract: 2189.00
  • CFD/Mello-Roos Fee: $881
  • Tax Lot: 16
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Equipment: Inside, Refrigerator
  • Interior Features: Balcony
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Heating Type: Central
  • Heating: Central
  • Flooring: Tile, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Lighting
  • Roof: Concrete
  • Entry Location: Ground & 2nd Level
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Chain Link, Wood
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Electric: Cable Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage: Auto Driveway Gate, Driveway, Garage, On street
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Auto Driveway Gate, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Street
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 0
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Disposal: 4

Property History for 2406 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2406 3rd Avenue

Taxable ValueLand$1,230,000Additions$525,000Total$1,755,000
Tax Record2024$21,932 ($1,828 / month)
Home Facts
Total Finished SqFt6,831 SqFtAbove Grade Finished SqFt6,831 SqFtLot Size8,829 SqFtStyleQuadraplexYear Built1923ZoningLARD2CountyLOS ANGELESAPN5059-026-018

Schools near 2406 3rd Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Sixth Avenue Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Math And Science College Preparatory
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2406 3rd Avenue is a multi-family home for sale in Los Angeles, CA 90018. This property was listed for sale on July 17, 2024 by HomeSmart, Evergreen Realty, it's currently listed at $2,190,000. It has been on the market for a total of 122 days and was last sold on October 10, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Sixth Avenue Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 2406 3rd Avenue is a 5-bed, 10-bath, 6,831 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart, Evergreen Realty, Davin Emmons, DRE #01419145

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.