Multi-Family for sale in Southern California — $1,499,000. 8 beds · 4 baths · 4,908 sqft. 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 un…
$1,499,000
1206 3rd Avenue, Los Angeles, CA 90019
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.
Listing updated: June 22, 2026 at 1:13 PM
Listed by: Paul Barbosa, Century 21 Hollywood
Source: CRMLS, MLS#: 26837981, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/22/2026 Source: CRMLS, #26837981 | Price change | $1,499,000$305/sqft-3.2% |
| 5/22/2026Source: CRMLS, #26837981 | Listed for sale | $1,549,000$316/sqft |
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