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.
Property Details
Price:
$1,549,000
MLS #:
26837981
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
May 23, 2026
Finished Sq Ft:
4,908
Total Sq Ft:
4,908
Lot Size:
7,802 sqft / 0.18 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Appliances
GD, RF, GO
Cooling
NO
Flooring
TILE, WOOD, CARP
Heating
WL
Interior Features
CF
Laundry Features
CM
Levels
U
Exterior
Architectural Style
MED
Common Walls
_1CW
Direction Faces
W
Garage Spaces
4
Parking Spots
4
Parking Total
4
Security Features
WB, GC
View
NO
Financial
Map
Community
- Address1206 3rd AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 28, 2026
6,844
Single Family Listed
87
Avg DOM
430
Avg $ / SqFt
$1,686,619
Avg List Price
Property Summary
- 1206 3rd AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $1,549,000 and features 8 beds, 4 baths, and has approximately 4,908 square feet of living space, and was originally constructed in 1921. The current price per square foot is $316. The average price per square foot for Single Family listings in Los Angeles is $430. The average listing price for Single Family in Los Angeles is $1,686,619.
Similar Listings Nearby
Courtesy of Century 21 Hollywood. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1206 3rd AV
Los Angeles, CA