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1206 3Rd Ave, Los Angeles, CA 90019
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1206 3Rd Ave Los Angeles, CA 90019

$1,999,999
  • 8 Beds
  • 4 Baths
  • 4,908 Sq.Ft.
For Sale
$1,999,999 Get Pre-Qualified
Map preview of 1206 3Rd Ave, Los Angeles, CA 90019

Property Overview: 1206 3Rd Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,908 living square feet and 7,802 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to Arlington Heights! Overall, the area south of Pico Boulevard and west of Arlington Avenue, including 3rd, 4th, and 5th Avenues, is a historically rich and culturally diverse neighborhood with a strong sense of community and a mix of architectural styles that reflect its development over time. You will not want to pass this Quadplex up for sale. First time on market in over 30 years! Really well maintained, spacious, quaint 2BR/1BA apartments with 3 Vacant units at COE. Each unit has built-ins such as shelving, hutches, faux-fireplaces and more. Each apartment has it's own private garage in the rear. Side entry access for convenience and one of the units has a private patio space. There is a community coin op washer/dryer. Backyard space with a tree for shade and outside quiet enjoyment. With the exception of one of the units that has a long term tenant they have been updated while maintaining the character of the era it was built. Access to tenants' unit shall be granted with accepted offer. Please DO NOT disturb occupants. Call Listing Agent for details! Drive by only!

Listed by Paul Barbosa | BRE #01435896 | Century 21 Hollywood
Last checked: 12 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,802
HOA Dues
$0/mo
Year built
1921
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24439989
City
Los Angeles
County
Los Angeles
Time on Site
3 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $1,260
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.4%
  • Gross Rent Multiplier: 18.34
  • Gross Scheduled Income: --
  • Net Operating Income: $68,000
  • Gross Operating Income: $110,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1206 3Rd Ave

No upcoming open houses

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Property Details for 1206 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood, Carpet, Tile
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Gated Community, Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Landscaped, Back Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5081020014
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just West of Arlington Ave, South of Pico Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1206 3Rd Ave

Last leased for $2,300 on April 1st, 2020

  • September, 2024

  • Sep 15, 2024

    Date

    Active

    CRMLS: 24439989

    $1,999,999

    Price

  • January, 2024

  • Jan 19, 2024

    Date

    Expired

    CRMLS: RS23135571

    $1,999,883

    Price

  • Jul 31, 2023

    Date

    Active

    CRMLS: RS23135571

    $1,999,883

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location!!! Welcome to highly demanded and Historic Country Club Park where you'll find this beautiful, rare investment opportunity. Just south of Olympic Blvd, and adjacent Hancock Park and Korea Town. Convenient to Downtown, restaurants, entertainment, and transportation. Live in one and your tenants help subsidize your mortgage. For the investor with 25% down or more, your renters pay the mortgage. There are four large 2 bedroom units with approximately 1200 square feet each. In the back are enclosed garage parking for each unit or the potential to convert to ADU for potential increased income (buyer to verify all claims for himself). In addition to the community laundry room, each unit has the potential to restore washer & dryer hook-ups in each unit. Seller will deliver three upgraded units at the close of escrow. POSSIBILITY OF PURCHASING A HALF OWNERSHIP IN PARTNERSHIP WITH CURRENT OWNER FOR $1MILLION....CONTACT LISTING AGENT FOR DETAILS. Sold As-is.

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: 21747736

    $2,000

    Price

  • Aug 16, 2021

    Date

    Withdrawn

    CRMLS: 21747736

    $2,000

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: 21747736

    $2,000

    Price

  • Jul 17, 2021

    Date

    Hold

    CRMLS: 21747736

    $2,000

    Price

  • Jun 28, 2021

    Date

    Price Change

    CRMLS: 21747736

    $2,000

    Price

  • Jun 11, 2021

    Date

    Active

    CRMLS: 21747736

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Fourplex Upper unit available for lease now in the very desirable Mid-City! This 2BR/1BA recently vacated after 10 years and remodeled and cleaned up just for you! New carpets, repairs, cleaned and painted like new! There are 2 bedrooms side by side in the rear, long hauls, spacious living room, dining room and kitchen. There's also a side door entrance/exit to the rear of the building to the 1 car parking garage and coin-op community laundry. Ready to move in now. Call agent for more details. No Pets.

  • June, 2021

  • Jun 4, 2021

    Date

    Canceled

    CRMLS: 20664872

    $2,000

    Price

  • Apr 2, 2021

    Date

    Price Change

    CRMLS: 20664872

    $2,000

    Price

  • Mar 9, 2021

    Date

    Price Change

    CRMLS: 20664872

    $1,950

    Price

  • Mar 4, 2021

    Date

    Price Change

    CRMLS: 20664872

    $2,000

    Price

  • Jan 29, 2021

    Date

    Price Change

    CRMLS: 20664872

    $2,095

    Price

  • Nov 30, 2020

    Date

    Active

    CRMLS: 20664872

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Fourplex Upper unit available for lease now in the very desirable Mid-City! This 2BR/1BA recently vacated after 10 years and remodeled and cleaned up just for you! New carpets, repairs, cleaned and painted like new! There are 2 bedrooms side by side in the rear, long hauls, spacious living room, dining room and kitchen. There's also a side door entrance/exit to the rear of the building to the 1 car parking garage and coin-op community laundry. Ready to move in now. Call agent for more details. No Pets.

  • April, 2020

  • Apr 1, 2020

    Date

    Leased

    CRMLS: 20555428

    $2,300

    Price

  • Feb 18, 2020

    Date

    Active

    CRMLS: 20555428

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    This is a pride of ownership 2BR/1BA Apartment available. Spacious, quiet, well lit, Dining room/living room, wood floors, newer kitchen and bath and there's a private patio attached to the unit for your own personal use with private access. Secure building with cameras gates. There's a garage for 1 car and plenty of street parking. Great Central location minutes from Culver City, Downtown LA., Mid City & Beverly Hills. Please call listing agent for more info or appointment. Long term tenants in other units. No pets. Tenant pays gas/electric/renters insurance for full term of tenancy. Apartment is rent control. Unit has refrigerator, stove, garbage disposal and off site laundry room just outside the private patio.

  • March, 2019

  • Mar 19, 2019

    Date

    Leased

    CRMLS: 19418660

    $2,250

    Price

  • Mar 3, 2019

    Date

    Pending

    CRMLS: 19418660

    $2,250

    Price

  • Feb 16, 2019

    Date

    Price Change

    CRMLS: 19418660

    $2,250

    Price

  • Jan 3, 2019

    Date

    Active

    CRMLS: 19418660

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Great apartment available in a classic 1921 4-plex in Hancock Park-Wilshire area. Just south of Pico Blvd and minutes from Culver City, Beverly Hills, Hollywood, DTLA and the beach! This 1200+ sf 2BR/1BA apt is full of pride of ownership. You can see the attention to upkeep and great condition. This particular apt has a private patio outside the kitchen area. It comes with a 1 car garage and plenty of off street parking. Apt will be vacant January 15th. Showing with 24 hour notice minimum until keycode access middle of January.

  • August, 1994

  • Aug 30, 1994

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 1206 3Rd Ave

Assessed Value (2020): $460,741
Year Land Value Improved Value Assessed Value
2020 $268,767 $191,974 $460,741

Home Value Compared to the Market

This property vs the competition

1206 3Rd Ave is listed 66.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $407.5 per/sqft which puts the price per square foot 46.94% lower than the median price per square foot for the city of Los Angeles.

About 1206 3Rd Ave

Detailed summary of property

1206 3Rd Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 4,908 living square feet, and sits on an approximately 7,802 square foot lot. 1206 3Rd Ave was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $1,999,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 66.67% higher than the median priced home. Local competing homes currently for sale include 800 S Norton Ave, 947 S St Andrews Pl and 2422 Venice Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1206 3Rd Ave has a days on market of 4 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1206 3Rd Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1206 3Rd Ave

Public county record property details
Beds
8
Baths
4
Year built
1921
Sq. Ft.
4,908
Lot Size
7,799
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5081-020-014

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Tour This Home

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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