2819 3rd Avenue, Los Angeles, CA 90018

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2819 3rd Avenue,Los Angeles, CA 90018
$1,499,000
  • 9 Beds
  • 5 Baths
  • 2,550 sq. ft.
  • Multi-family
  • Active
Listed by: lorena alvarado, aleisha everett
Office: luxury collective424-395-4841
MLS#:26885929
Source:CRMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$587.84

About this home

Turnkey income property generating $10,483 per month (4 units + detached ADU), approx. 7.18% market cap rate! Rare investment in the highly desirable Jefferson Park / West Adams neighborhood. Properties offering this combination of current income, major capital improvements, and remaining upside are increasingly difficult to find in Los Angeles. The property features four charming bungalow-style residences PLUS a newly built, permitted detached 2-bedroom/1-bath ADU (2022) with its own Certificate of Occupancy. Three residences have been renovated into desirable 2-bedroom/1-bath homes, while one updated 1-bedroom/1-bath residence offers additional value-add potential through a future conversion to a 2-bedroom floor plan (buyer to verify). Three units are currently occupied under month-to-month tenancies, providing additional operational flexibility for the next owner. Major capital improvements completed within the past five years include updated PEX water supply lines, a trenchless...

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Home facts

  • Year built:1925
  • Listing ID #:26885929
  • Added:33 day(s) ago
  • Updated:September 29, 2026 at 04:45 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5
  • Kitchen Description:Dishwasher, Microwave, Refrigerator, Washer
  • Living area:2,550 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:2,550 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Modern
  • Levels:1 Story

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$587.84

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:4
  • Parking description:Assigned
Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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