5151 3rd Avenue

Los Angeles, CA 90043

$1,050,000
Price
6
Beds
3
Baths
2,398 Sq. Ft.
$438 / Sq. Ft.
2,398
Sq. Ft.
$438
per Sq. Ft.

Description

This triplex in central Los Angeles offers a prime investment opportunity. The front building features an attached duplex, each unit with 2 beds and 1 bath, while a separate 2 bed, 1 bath unit is situated in the rear. Located close to public transportation, this property is ideal for investors or owner-occupiers seeking rental income. Don't miss out on this centrally located gem!This triplex in central Los Angeles offers a prime investment opportunity. The front building features an attached duplex, each unit with 2 beds and 1 bath, while a separate 2 bed, 1 bath unit is situated in the rear. Located close to public transportation, this property is ideal for investors or owner-occupiers seeking rental income. Don't miss out on this centrally located gem!
  1. Listed by Laura Uribe • DRE #01305465 • Homeworks Realty • 818-378-1099

Property Details for 5151 3rd Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2398
LISTING UPDATED: 09/18/2024 06:00 AM

Property Details for 5151 3rd Avenue

StatusActive
MLS #BB24127870
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,090 SF
CountyLos Angeles County

Building Information for 5151 3rd Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.14 AC / 6,090 SF

Property Information for 5151 3rd Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 900
  • Tax Census Tract: 2345.01
  • CFD/Mello-Roos Fee: $467
  • Tax Lot: 50
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: Central Air
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: front
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Electric: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,351
  • Unit Type Total Rent: $1,351
  • Unit Type Pro Forma: 2400
  • 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: 0
  • Unit Type Actual Rent: $1,352
  • Unit Type Total Rent: $1,352
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,946
  • Unit Type Total Rent: $1,946
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Disposal: 3
  • Number Wall AC: 0

Property History for 5151 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 5151 3rd Avenue

Taxable ValueLand$765,000Additions$213,180Total$978,180
Tax Record2024$12,198 ($1,017 / month)
Home Facts
Total Finished SqFt2,398 SqFtAbove Grade Finished SqFt2,398 SqFtLot Size6,090 SqFtStyleTriplexYear Built1924ZoningLAR1CountyLOS ANGELESAPN5014-025-002

Schools near 5151 3rd Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alliance Ouchi-O'donovan 6-12 Complex
Charter6 to 12

Whitney Young Continuation School
Public9 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.

Similar Homes

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Similar Sold Homes

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5151 3rd Avenue is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on June 20, 2024 by Homeworks Realty, it's currently listed at $1,050,000. It has been on the market for a total of 92 days and was last sold on July 22, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include View Park Preparatory Accelerated Charter School, Alliance Ouchi-O'donovan 6-12 Complex and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 5151 3rd Avenue is a 6-bed, 3-bath, 2,398 sqft multi-family home built in 1924.

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 Homeworks Realty, Laura Uribe, DRE #01305465

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.