1328 3rd, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1328 3rd,Los Angeles, CA 90019
$1,059,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: armando olmeda
Office: re/max top producers
MLS#:CV26045861
Source:CAREIL
Price summary
- Price:$1,059,000
About this home
Investor opportunity in prime Mid-City Los Angeles – triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles’ most desirable rental markets. The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods. Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units. Zoned LARD1.5, the property may offer future development potential and additio...
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Home facts
- Year built:1903
- Listing ID #:CV26045861
- Added:55 day(s) ago
- Updated:May 01, 2026 at 04:24 PM
Rooms and interior
- Kitchen Description:Dishwasher, Garbage Disposal, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Roof:Shingle
- Year built:1903
- Lot area:0.17 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,059,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:6 Cars Carport, Covered Parking
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