1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
1206 3rd Ave, Los Angeles, CA 90019
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Watson Realty

Watson Realty

+1(661) 327-5161
$ 1,499,000
Est. payment | /mo

8 Beds

4 Baths

4,908 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,908 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,908 sqft

Price per Sqft $305

MLS Listing ID 26837981

Style Mediterranean

Bedrooms 8

Year Built 1921

Lot Size 7,802 Sqft

Acres 0.1791

Property Sub-Type Multi-Family

Property Description

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Hardwood, Carpet, Tile

Equipment Ceiling Fan, Garbage Disposal, Refrigerator

Laundry Community, Laundry Area

Exterior

Parking Features Detached, Garage Is Detached, Garage - 4+ Car

Garage Spaces 4.0

Amenities Available None

View Y/N No

View None

Building

Lot Description Landscaped, Back Yard

Story 2

Foundation Raised

Architectural Style Mediterranean

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Century 21 Hollywood

Nearby Locations

Watson Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 327-5161

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1206 3rd Ave