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8 Beds
4 Baths
4,908 sqft

$1,449,000

1206 3rd Ave, Los Angeles CA, 90019

Price per sqft$295.23
Built in1921
Property size4,908 sqft
Property typeMulti-family

Overview

Active

Listed May 22, 2026

Updated 33h ago

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.

$9,640/mo

Est. mortgage payment based on a $1,449,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26837981

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Garage
Yes

Listed by Paul Barbosa with Century 21 Hollywood
Listing Contact: 323-533-6155 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Deasy Team | CA DRE# 00542204 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/20/2026

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