Los Angeles, CA 90018 2406 3rd Avenue

2406 3rd Avenue Los Angeles, CA - Image 12406 3rd Avenue Los Angeles, CA - Image 22406 3rd Avenue Los Angeles, CA - Image 3
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Presented By: Obie Nwabuzor with Pacific Playa Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25481871
  • 01/13/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 6,831
  • Garage • 1

Home Details

Tucked away on a peaceful cul-de-sac in the coveted "The Avenues" enclave of Historic West Adams, this extraordinary quadruplex is a tremendous buy and a rare investment opportunity. With the 2026 World Cup and the 2028 Olympics bringing global attention to Los Angeles and the newly expanded Metro Rail just moments away this location is poised for exceptional growth and value. Whether you're looking to live in one unit and rent the others, or simply add a high-performing asset to your portfolio, this property offers unmatched potential in one of LA's most dynamic neighborhoods. Sitting proudly on a generous lot, this stately four-unit property showcases timeless charm with modern enhancements. Each expansive unit spans nearly 1,800 square feet and features large kitchens, spacious living areas, and a welcoming open layout. Three of the units have been thoughtfully reimagined to add functionality and increase market appeal- formal dining rooms have been transformed into additional bonus rooms (without closets), and bathrooms have been added in the laundry areas. With today's rental climate in West Adams, each unit has the potential to command around $4,000 per month, making this an income-generating powerhouse. That's a projected total of $16,000 per month across all four units an impressive return in such a desirable area. Each unit comes with washer/dryer hookups, and the remodeled residences enjoy private patios and side yards, offering coveted outdoor space. Individual one-car garages and plentiful street parking add everyday convenience for tenants and guests alike. Located next to the beautifully renovated Benny H. Potter Park, this property offers easy access to green spaces, hip cafe, boutique shops, and key cultural landmarks. Its central location places Downtown LA, USC, Culver City, Sofi Stadium, and major Hollywood studios just minutes away. This is a rare opportunity to own a spacious, income-ready property in a neighborhood rich with history and positioned for the future. Secure your place in West Adams now before the world arrives.
Presented By: Obie Nwabuzor with Pacific Playa Realty;

Interior Features for 2406 3rd Avenue

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 2406 3rd Avenue

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsJefferson and 3rd Ave
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Y/NYes
Gross Income13400.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8832.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1923
ZoningLARD2

Exterior for 2406 3rd Avenue

Building Area Total6831.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2028
Lot Size Area8832.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDriveway, Garage, OnStreet
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,895,000
MLS#25481871
List Date 01/13/2025
Property Type Multi-Family
Phone 714.742.6515
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