2025 3rd AV
Los Angeles, CA, 90018
$1,499,000
9 Beds
4 Baths
3,446 SqFt
0.16 Acres
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MLS #26848141 image #0
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.

Property Details

Price:
$1,499,000
MLS #:
26848141
Status:
Active
Beds:
9
Baths:
4
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Oct 5, 2026
Finished Sq Ft:
3,446
Total Sq Ft:
3,446
Lot Size:
7,002 sqft / 0.16 acres (approx)
Year Built:
1924
C16 – Mid Los AngelesC16midlosangeles

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Schools

Interior

Appliances
Oven, Disposal, Microwave, Refrigerator, Range Hood
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Laundry Features
Community, Washer Included, Dryer Included
Levels
Two

Exterior

Parking Spots
10
Parking Total
10
Stories
2

Financial

Gross Operating Income
$111,198
Net Operating Income
$89,010

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 29, 2026
5,820
Single Family Listed
95
Avg DOM
512
Avg $ / SqFt
$1,917,691
Avg List Price

Property Summary

    2025 3rd AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90018. It is listed for $1,499,000 and features 9 beds, 4 baths, and has approximately 3,446 square feet of living space, and was originally constructed in 1924. The current price per square foot is $435. The average price per square foot for Single Family listings in Los Angeles is $512. The average listing price for Single Family in Los Angeles is $1,917,691.

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2025 3rd AV
Los Angeles, CA