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Millman Team Real Estate

$1,449,000
8 Bed
4 Bath
4,908 Sqft
0.18 Acre Lot

1206 3rd Avenue, Los Angeles, California 90019

  • Residential Income Property Type
  • 4,908 Sqft Square Footage
  • 1921 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
26837981
$1,449,000
None
8
4
4,908 Sqft
1921
0.18 Acre
Active Under Contract
1
Features
: Wall Furnace
: None
: Mediterranean
: Carpet, Tile, Wood
: Ceiling Fan(s)
: Common Area
$0
Appliances
: Gas Oven, Disposal, Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90019
3rd
1206
Avenue
W119° 40' 51.8''
N34° 2' 58''
West
Just West of Arlington Ave, North of Pico Blvd
C18 - Hancock Park-Wilshire
LARD1.5
Additional Information
$0
$0
$0
$0
$0
4908
: Gated
1
: Raised
4.0
: Two
: Back Yard, Landscaped
4
2026-05-22
1499000
2
2
Broker/Agent Information
Century 21 Hollywood
Paul Barbosa
Listing Information
CLW-X64177
CLW-L02655
Active Under Contract
2026-07-24T16:17:39Z
CRMLS
: Standard
2026-07-24T00:00:00Z
Agent info
Ray Millman
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