4129 3rd Avenue

Los Angeles, CA 90008

$1,025,000
Last Sold Price
4
Beds
3
Baths
2,018 Sq. Ft.
$508 / Sq. Ft.
2,018
Sq. Ft.
$508
per Sq. Ft.

Description

Ready to show as of 09.20.2023! Charming Triplex Property with Income Potential Welcome to 4129 3rd Ave, Los Angeles, a fantastic investment opportunity! This well-maintained triplex, with all units vacant at close of escrow, offers a perfect blend of classic charm and modern upgrades. Situated on a lovely tree-lined street, this property is conveniently located near Leimert Park, the Expo Line, USC, DTLA, Banc of California and the SoFi Stadium. The front house boasts 2 bedrooms and 1 bathroom,...Ready to show as of 09.20.2023! Charming Triplex Property with Income Potential Welcome to 4129 3rd Ave, Los Angeles, a fantastic investment opportunity! This well-maintained triplex, with all units vacant at close of escrow, offers a perfect blend of classic charm and modern upgrades. Situated on a lovely tree-lined street, this property is conveniently located near Leimert Park, the Expo Line, USC, DTLA, Banc of California and the SoFi Stadium. The front house boasts 2 bedrooms and 1 bathroom, providing a spacious and comfortable living space. With approximately 1,018 square feet of interior space, this unit offers ample room for relaxation and entertaining. The recently renovated bathroom and kitchen adds a touch of freshness. Step inside to discover recessed lighting that illuminates the living spaces, creating a warm and inviting atmosphere. Enjoy the cozy ambiance of a decorative fireplace and the elegance of new white wide oak style floors throughout. A rare find in Los Angeles, this property features a detached 3-car garage, providing valuable parking space for the residents. Above the garage, you'll find two additional units, each offering 1 bedroom and 1 bathroom, approximately 500 square feet in size. These units present an excellent opportunity for rental income, making this property a smart investment choice. The third unit is currently owner-occupied and will be delivered in as-is condition, allowing for the new owner's personal touch and customization. This triplex offers flexibility for investors looking to generate rental income or for an owner-occupant seeking additional rental revenue. With its strategic location, this property provides easy access to various amenities, entertainment venues, and public transportation, making it a highly desirable investment in the thriving Los Angeles real estate market. Don't miss this opportunity to own a triplex in a prime location with the potential for both immediate rental income and long-term appreciation. Schedule a viewing today to explore all the possibilities that this property has to offer. Please do not walk the property there are dogs.
  1. Listed by Chase Burns Mosley • DRE #02078313 • Brokerage DRE #01882678 • ACME Real Estate

Property Details for 4129 3rd Avenue

Zoning
LAR1
Style
California Bungalow
Parcel Number
5023024020
Total Units
3.0
Living Area
2018
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
100%

Location

Listing Courtesy of ACME Real Estate, Chase Burns Mosley, DRE #02078313

Sold By Century 21 Realty Masters, Diego Godoy, DRE #02162918

Add your commute
LISTING UPDATED: 11/24/2023 05:13 PM

Property Details for 4129 3rd Avenue

StatusSold
MLS #23-257321
Days on Market213
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.13 AC / 5,842 SF
CountyLos Angeles County

Location

Listing Courtesy of ACME Real Estate, Chase Burns Mosley, DRE #02078313

Sold By Century 21 Realty Masters, Diego Godoy, DRE #02162918

Add your commute

Building Information for 4129 3rd Avenue

Stories-Residences-Year Built1922Building Size-Lot Size0.13 AC / 5,842 SF

Payment Calculator

$5,927 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4129 3rd Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 3
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: East
Contract Info
Contract Info
  • Disclosures: As Is, Listing Broker Advantage
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1341
  • Lot Size Square Feet: 5842
  • Lot Size Dimensions: 45x130
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Ceiling Fan
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-05-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $103,400.00
  • Assessed Improvement Percent: 34.15
  • Assessed Land Value: $199,426.00
  • Assessed Land Percent: 65.85
  • Assessed Total Value: $302,826.00

Property History for 4129 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 4129 3rd Avenue

Taxable ValueLand$203,414Additions$105,908Total$309,322
Tax Record2023$4,001 ($333 / month)
Home Facts
Total Finished SqFt2,018 SqFtAbove Grade Finished SqFt2,018 SqFtLot Size5,842 SqFtStyleTriplexYear Built1922ZoningLAR1CountyLOS ANGELESAPN5023-024-020

Schools near 4129 3rd Avenue

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

New Heights Charter School
CharterK to 8

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.

Similar Homes

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Similar Sold Homes

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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 ACME Real Estate, Chase Burns Mosley, DRE #02078313

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.