FSBO
FSBO - For Sale
$1,535,000
For Sale by Owner
$445/sq ft Listed 1 month ago
9BR Multi-Family for Sale in Los Angeles, CA
2025 3rd Ave, Los Angeles, CA 90018
9 Beds
4 Bath
3,446 sq ft
Built 1924
PropSlick Verified Data
Key facts & insights for this exact address
$445
Price / sq ft
1924
Year Built
$16,369
Property Tax / yr
7,000 sf
Lot Size
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built1924
Square Footage3,446 sq ft
Lot Size7,000 sq ft
Annual Property Tax$16,369
Price / SqFt$445
Property Description
Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Unit #3 can be delivered vacant if desired, providing an excellent opportunity for an owner-user or investor seeking additional flexibility.Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. A major benefit is that each unit is separately metered for WATER, GAS, and ELECTRICITY, helping reduce owner-paid utility expenses. The property also offers on-site parking, attractive layouts, and abundant natural light.Additional upside may be available through the existing laundry room, which offers potential for conversion into an ADU. Buyer to independently verify all permits, zoning, feasibility, and development possibilities with the appropriate authorities. BUYER FINANCING OPPORTUNITY: This property appears to be located within a designated Census Tract that may qualify eligible buyers for a Welcome Home Grant of up to $20,000 with no income restrictions. Grant funds may potentially be applied toward down payment assistance, closing costs and loan fees, or discount points for an interest-rate buydown to help lower monthly payments. Program features include 3% down payment available, no private mortgage insurance (PMI), and reduced origination fees. All loan programs, grant amounts, property and borrower eligibility, terms, and availability are subject to lender guidelines and approval. Buyer should independently verify eligibility and program details with a participating lender. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway. The property benefits from strong rental demand in one of Los Angeles' established neighborhoods.An excellent opportunity for investors seeking rental income, future upside, and long-term appreciation, or for an owner-user looking to occupy Unit #3 while generating income from the other two units. Also well suited for a 1031 exchange or portfolio addition.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Washer/Dryer
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
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