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8 Beds
4 Baths
4,908 sqft

$1,449,000

1206 3rd Avenue, Los Angeles CA, 90019

Price per sqft$295.23
Built in1921
Property size4,908 sqft
Property typeResidential

Overview

Active

Listed May 23, 2026

Updated 9 days ago

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

$9,640/mo

Est. mortgage payment based on a $1,449,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26837981

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Paul Barbosa, Century 21 Hollywood, CA DRE 01435896

Listing Contact: 323-533-6155 

Based on information from the CRISNet MLS as of 10/20/2026, 2:51 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being 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.

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