Skip to main content

Millman Team Real Estate

$1,589,000
9 Bed
4 Bath
3,446 Sqft
0.16 Acre Lot

2025 3rd Avenue, Los Angeles, California 90018

  • Residential Income Property Type
  • 3,446 Sqft Square Footage
  • 1924 Year Built
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. Among these, Unit #3 can be vacated if the buyer desires. The existing laundry room offers potential for conversion into an ADU (Buyer to verify all permits, zoning, and development possibilities). Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, individual meters (for water, gas, electricity – this is a great benefit!), fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. The property also offers on-site parking and attractive layouts with abundant natural light, making it highly desirable for tenants. 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’ most established neighborhoods. Perfect for investors seeking stable cash flow, future rental upside, and long-term appreciation, or owner-users looking to offset their mortgage with rental income. This is an investment property that presents a good opportunity for buyers who wish to live in the unit while generating rental income. An excellent opportunity for a 1031 exchange or portfolio addition.

Basic Details
Residential Income
For Sale
26848141
$1,589,000
9
4
3,446 Sqft
1924
0.16 Acre
Active
Features
: Wall Furnace
: Ceiling Fan(s)
: Common Area
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Disposal, Refrigerator, Range Hood, Oven
Address Map
CA
Los Angeles
Los Angeles
90018
3rd
2025
Avenue
W119° 40' 46.6''
N34° 2' 17.8''
Jefferson Park area. North of the 10 Freeway and south of Washington Blvd. Located on 3rd Ave between W. 20th St and W. 21st St.
C16 - Mid Los Angeles
LARD2
Additional Information
$0
$0
$0
$0
$0
3446
: Two
3
2026-08-01
2
2
Broker/Agent Information
Urban Real Estate, Inc.
Eun Kim
Listing Information
CLW-C143339
CLW-X78945
Active
2026-08-03T09:15:50Z
CRMLS
: Standard
2026-08-01T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us