2406 3rd Avenue
Los Angeles, CA 90018 • 8 Bed • 4 Bath • 6,831 sq.ft.

Property summary

Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" section of Historic West Adams, this beautifully refreshed fourplex is an exceptional opportunity for both investors and owner-users. With 3 of the 4 units delivered vacant, 5 car garage - it's easy to show and ready for immediate occupancy or premium leasing. Each unit offers nearly 1,800 sq ft of living space comparable in size to the average single-family home in Los Angeles creating a rare sense of comfort and privacy not often found in income properties. All four units feature spacious kitchens, generous living areas and flowing layouts. Several have been thoughtfully reimagined to increase value and functionality, with formal dining rooms converted into bonus rooms (no closets) and additional bathrooms added in the laundry areas. These strategic upgrades not only enhance livability but also boost rental potential. Projected market rents of approx. $4,500 per unit equate to a potential $18,000/month in gross income, making this property a true cash-flow generator. Additional highlights include washer/dryer in each unit, private patios and side yards for remodeled units, individual one-car garages, and ample street parking. Located next to the newly upgraded Benny H. Potter Park and within close proximity to USC, Culver City, Sofi Stadium, the Metro Rail, Downtown LA, and major Hollywood studios, this location is as central as it is promising. With the 2026 World Cup and 2028 Olympics bringing international attention to Los Angeles, this prime West Adams location is poised for significant growth and appreciation. Don't miss this chance to secure a large, refreshed, and income-ready asset in one of LA's most vibrant and culturally rich neighborhoods.

Days on market: 158

Listing updated: June 20, 2025 - 08:49:06

Property details

Property ID
25481871
Size
6831 sq.ft.
Home Type
Residential Income
Year Built
1923
Property Size
0.2028 acre
Garage
5
Levels
2
Spa
No
Patio
No
Basement
No
View
No
Pool
None

Listed by: Obie Nwabuzor DRE #02020522 310-256-3040, Pacific Playa Realty - Beverly Hills/Greater LA

Source: Beverly Hills/Greater LA, MLS#: CLW-X78900 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
4
Kitchen
Range, Range Hood, Dryer, Washer
Cooling
N/A
Heating
Central
Flooring
N/A
Laundry
N/A
$1,895,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-21 23:42:29 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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