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1220 3rd Ave, Los Angeles, CA, 90019

6beds
6baths
4,665sqft
$1,400,000
$300price/sqft
$10,845/moest. monthly cost
$433,800/yrincome needed

About This Home

Discover this beautiful Hancock Park quadplex in the heart of Los Angeles, where historic elegance meets modern convenience. Nestled on a spacious 7,802 sq ft lot with a total of 4,665 sq ft of living space, this income-generating property features four well-designed units: two spacious 2-bedroom, 2-bathroom units in good condition, and two cozy 1-bedroom, 1-bathroom units in average condition.,With two units in decent shape and room for updates, it offers strong cash flow and value-add potential for savvy investors. Enjoy the tranquility of tree-lined streets and stately estates, while being steps from vibrant Larchmont Village for boutique shopping, dining, and entertainment. Proximity to Metro lines, Wilshire Country Club, cultural landmarks like the Los Angeles County Museum of Art (LACMA), and trendy Melrose Avenue ensures easy access to all that LA has to offer. Don't miss this rare opportunity in one of the city's most prestigious enclaves, perfect for generating reliable income in a high-demand area!

Getting Around

85
WalkingVery Walkable
64
TransitGood Transit
71
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Repair Cosmetic,Updated/Remodeled
  • Year built: 1909

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Craftsman
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Oven,Dishwasher,Exhaust Fan,Disposal,Washer,Dryer,Range/Oven,Gas Water Heater
  • Laundry features: In Unit,Gas Dryer Hookup

Bathroom

  • Features: Shower and Tub

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6

Features

  • Ceiling Fan(s)
  • Window features: Double Pane Windows,Plantation Shutters,Screens,Mini Blinds
  • Flooring: Laminate,Carpet,Mixed,Travertine
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Wall Gas
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 4,665
  • Total interior livable area: 4,665 sqft

Kitchen

  • Features: Bar

Property

Details

  • Parcel number: 5081020012
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Entry location: Ground Level - no steps
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 7,801 sqft
  • Features: Front Yard,Lawn

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage - 2 Car
  • Has garage: Yes
  • Has uncovered spaces: Yes