Listed By:
Eric White with RE/MAX of Santa Clarita;
1203 3rd Avenue, Los Angeles, CA
$ 1,899,999
Property Attributes
  • MLS#SR23159505
  • TypeIncome
  • CityLos Angeles
  • AreaKoreatown
  • Zip90019
  • StyleTraditional,Victorian
  • Price$ 1,899,999
  • Bedrooms8
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6516
  • Lot Size8,616 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Unlock the potential of prime real estate in "The Avenues" of Historic West Adams with this exceptional Quadraplex. Seize the moment to own a piece of history and an even brighter future. Spanning generously, each of the four expansive units encompasses between 1450 and 1850 sq. ft. of versatile living space. With 2 well-appointed bedrooms and 1 bath each, these units present a harmonious blend of comfort and potential. Spacious kitchens invite culinary creativity, while the airy living rooms evoke a sense of open serenity. Discover the convenience of detached storage units for each unit, complemented by ample street parking for residents and guests alike. Offering modern convenience within the historic charm, every unit features dedicated washer and dryer hookups. The property's strategic locale abuts the recently revitalized Benny H. Potter, West Adams Avenues Memorial Park, adding a refreshing green expanse to your surroundings. Positioned centrally, revel in the proximity to a myriad of parks, shops, dining establishments, and cultural attractions. Beyond your immediate vicinity, connectivity is key. Downtown LA, USC, Culver City, and Hollywood are all within a short commute, maximizing your access to urban opportunities while nestled in a historic haven. This extraordinary property is poised to be a lasting investment and a testament to visionary ownership. Opportunities like this are fleeting - seize the chance before it slips away. Elevate your real estate portfolio!

Price History
8/28/2023 Listed $1,899,999

General Features

Architectural Style Traditional, Victorian
Building Area Units Square Feet
City Los Angeles
Community Features Curbs, Sidewalks
Cooling Wall/Window Unit(s)
County Los Angeles
Directions Lt on Country Club, Lt on 3rd Ave
Entry Location Front
Insurance Expense 5127
Interior Features Balcony, Ceiling Fan(s), Laminate Counters, Recessed Lighting
Levels Two
Listing Agent Eric White - BRE#01868432
Listing Agent State License 01868432
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Lot Size Square Feet 8616
MLS Area KREA - Koreatown
Net Operating Income 74289
Number of Units Leased 4
Operating Expense 11427
Other Structures Storage
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Quadruplex
Property SubType Quadruplex
Property Type Residential Income
Rent Control Y/N Yes
Senior Community Y/N No
Sewer Public Sewer
Spa Features None
Special Listing Conditions Standard, Trust
Standard Status Active
Status Active
Stories 2
Street Name 3rd
Tax Lot 56
Total Actual Rent 7143.04
Total Units 4
View None
Water Sewer Expense 2700
Year Built 1916
Year Built Source Assessor
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Common Walls 1 Common Wall
Entry Level 2
Flooring Carpet, Tile, Vinyl
Laundry Features Inside
Street Suffix Avenue
Total Stories 2

Exterior Features

Buyer Agent Compensation 2.500
Buyer Agent Compensation Type %
Building Area Total 6516
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1978
Lot Size Area 8616
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bonus Room
Family Room
Master Bathroom
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90019

AVG $2.2M
AVG 48
Year Built
AVG 1941