2406 3rd Avenue

Los Angeles, CA 90018
$2,190,000
0.20 acres | #OC24146907
Courtesy of HomeSmart, Evergreen Realty

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 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!

  • Property Details
      • Interior:Balcony, BedroomOnMainLevel
      • View:ParkGreenbelt
      • Stories:2
      • Lot description:ZeroToOneUnitAcre, FrontYard, Lawn, Level
      • Exterior materials:Lighting
      • Acres:0.2028
      • Parking spaces:5
      • Property type:Multi-Family
      • Year built:1923
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable
      • County:Los Angeles
      • Original List Price:$2, 250, 000
      • MLS #:OC24146907
      • Cost:2190000
      • Property subtype:Quadruplex
      • MLS #:OC24146907

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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