2550 3rd Avenue

Los Angeles, CA 90018

$865,000
Last Sold Price
4
Beds
3
Baths
3,212 Sq. Ft.
$269 / Sq. Ft.
3,212
Sq. Ft.
$269
per Sq. Ft.

Description

Spacious townhouse style units, with large dining areas and central air conditioning. One unit faces W. Adams Blvd and the other faces 3rd Ave. Each unit has 2 bedrooms upstairs along with an additional sun room/ office adjacent to one of the bedrooms. Both units have direct access to a lovely walled in patio area. In addition, there is a large seperate walled in yard area to the north of the driveway and garage which you enter from 3rd Ave, perhaps this is the spot for an ADU to be built. Please...Spacious townhouse style units, with large dining areas and central air conditioning. One unit faces W. Adams Blvd and the other faces 3rd Ave. Each unit has 2 bedrooms upstairs along with an additional sun room/ office adjacent to one of the bedrooms. Both units have direct access to a lovely walled in patio area. In addition, there is a large seperate walled in yard area to the north of the driveway and garage which you enter from 3rd Ave, perhaps this is the spot for an ADU to be built. Please note zoning is LAR3. Buyer to confirm any building plans with City of Los Angeles. This property provides unique opportunities for owner occupants and investors alike.

Listing Agent

  1. Edy Roberts

    Edy Roberts

    Listing Agent

    Compass

    DRE #00878626

Property Details for 2550 3rd Avenue

Zoning
LAR3
Cross Streets
Northeast corner corner of Adams and 3rd
Parcel Number
5059027008
Total Units
2.0
Living Area
3212
Source Living Area
Title Company
Area
Mid Los Angeles (C16)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Edy Roberts, DRE #00878626

Sold By New Star Realty Inc, Monica Chun, DRE #01494582

Add your commute
LISTING UPDATED: 03/15/2023 06:56 PM

Property Details for 2550 3rd Avenue

StatusSold
MLS #22-162347
Days on Market241
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.17 AC / 7,501 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Edy Roberts, DRE #00878626

Sold By New Star Realty Inc, Monica Chun, DRE #01494582

Add your commute

Virtual Tour

Building Information for 2550 3rd Avenue

Stories2Residences-Year Built1921Building Size-Lot Size0.17 AC / 7,501 SF

Payment Calculator

$5,095 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,721

Property Taxes

$374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2550 3rd Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Direction Faces: West
  • Property Condition: Repair Cosmetic
  • Water: District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Submit, Cash, Cash To Existing Loan
  • Disclosures: As Is, City Inspection Record Search Only, LA/Owner Related, Owner Has R.E. License, Owner Is Listing Agent, Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $45,602
  • Net Operating Income: $25,159.00
  • Gross Income: $45,602
  • Gross Rent Multiplier: $22.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 20443
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7501
  • Lot Features: Front Yard, Back Yard, Lawn, Yard
  • Lot Description: Fenced Yard, Front Yard, Back Yard, Lawn, Yard
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Driveway
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Area, Living Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Carpet, Linoleum, Mixed, Laminate
  • Equipment: Garbage Disposal, Dishwasher, Gas Dryer Hookup
  • Bathroom Features: Shower Over Tub
  • Bedroom Features: All Bedrooms Up
  • Cooking Appliances: Free Standing Gas
  • Laundry: Laundry Area, Room
Exterior Features
Exterior Features
  • Patio Features: Concrete Slab, Covered
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structural Features: French Doors
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-06-2022
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,860.00
  • Unit Actual Rent: $1,860.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,675.00
  • Unit Actual Rent: $1,675.00
  • Unit Projected Rent: $2,575.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Carpet: 2
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Drapes: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Patio: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $109,439.00
  • Assessed Improvement Percent: 34.89
  • Assessed Land Value: $204,197.00
  • Assessed Land Percent: 65.11
  • Assessed Total Value: $313,636.00

Property History for 2550 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2550 3rd Avenue

Taxable ValueLand$212,445Additions$113,859Total$326,304
Tax Record2023$4,484 ($374 / month)
Home Facts
Total Finished SqFt3,212 SqFtAbove Grade Finished SqFt3,212 SqFtLot Size7,501 SqFtStyleDuplexYear Built1921ZoningLAR3CountyLOS ANGELESAPN5059-027-008

Schools near 2550 3rd Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Sixth Avenue Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

Math And Science College Preparatory
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Edy Roberts, DRE #00878626

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.