Sold
Listed By:
Chase Burns Mosley with ACME Real Estate;
Sold By:
Century 21 Realty Masters
Address
4129 3rd Avenue, Los Angeles, CA
Price
$ 1,025,000
Property Attributes
  • MLS#23257321
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90008
  • Style
  • Price$ 1,025,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2018
  • Lot Size5,841 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Ready to show as of 09.20.2023! Charming Triplex Property with Income Potential Welcome to 4129 3rd Ave, Los Angeles, a fantastic investment opportunity! This well-maintained triplex, with all units vacant at close of escrow, offers a perfect blend of classic charm and modern upgrades. Situated on a lovely tree-lined street, this property is conveniently located near Leimert Park, the Expo Line, USC, DTLA, Banc of California and the SoFi Stadium. The front house boasts 2 bedrooms and 1 bathroom, providing a spacious and comfortable living space. With approximately 1,018 square feet of interior space, this unit offers ample room for relaxation and entertaining. The recently renovated bathroom and kitchen adds a touch of freshness. Step inside to discover recessed lighting that illuminates the living spaces, creating a warm and inviting atmosphere. Enjoy the cozy ambiance of a decorative fireplace and the elegance of new white wide oak style floors throughout. A rare find in Los Angeles, this property features a detached 3-car garage, providing valuable parking space for the residents. Above the garage, you'll find two additional units, each offering 1 bedroom and 1 bathroom, approximately 500 square feet in size. These units present an excellent opportunity for rental income, making this property a smart investment choice.The third unit is currently owner-occupied and will be delivered in as-is condition, allowing for the new owner's personal touch and customization.This triplex offers flexibility for investors looking to generate rental income or for an owner-occupant seeking additional rental revenue. With its strategic location, this property provides easy access to various amenities, entertainment venues, and public transportation, making it a highly desirable investment in the thriving Los Angeles real estate market.Don't miss this opportunity to own a triplex in a prime location with the potential for both immediate rental income and long-term appreciation. Schedule a viewing today to explore all the possibilities that this property has to offer. PLEASE DO NOT WALK THE PROPERTY THERE ARE DOGS.

Price History
4/6/2023 Listed $1,249,000
9/19/2023 6% - $1,175,000
10/31/2023 11% - $1,050,000

Amenities

  • 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 Multi-Family Average in 90008

Price
AVG $2.15M
$1.03M