LKV Realty
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$1,895,000
$6,000Reward *
2406 3rd Avenue, Los Angeles, CA 90018Listing ID 25481871

2406 3rd Avenue, Los Angeles, CA 90018

Active
Time on site: 578 daysLast updated: Jun 26, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
6,831
Acres
Acres
0.2
Days on Site
Days on Site
577
Heating
Heating
Central
Year Built
Year Built
1923
Stories
Stories
2
Garages
Garages
5
Parking
Parking
Driveway, Garage, On Street

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.

Property Information

Property Details

Location

Address
2406 3rd Avenue
County
Los Angeles
City
Los Angeles
Zip Code
90018
MLS Area
C16 - Mid Los Angeles

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Square Feet
6,831
Year Built
1923
Stories
2
Construction
Stucco
Foundation
Raised

Financial

Special Conditions
Standard
Obie NwabuzorPacific Playa Realty, (310) 256-3040

Market Report for 90018

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C126333