Listed By:
Eric White with RE/MAX of Santa Clarita;
Address
1203 3rd Avenue, Los Angeles, CA
Price
$ 1,750,000
Property Attributes
  • MLS#SR23159505
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaKoreatown
  • Zip90019
  • StyleTraditional,Victorian
  • Price$ 1,750,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6516
  • Lot Size8,616 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Unlock the potential of prime real estate in "The Avenues" of Historic West Adams with this exceptional Quadraplex. Seize the moment to own a piece of history and an even brighter future. Spanning generously, each of the four expansive units encompasses between 1450 and 1850 sq. ft. of versatile living space. With 2 well-appointed bedrooms and 1 bath each, these units present a harmonious blend of comfort and potential. Spacious kitchens invite culinary creativity, while the airy living rooms evoke a sense of open serenity. Discover the convenience of detached storage units for each unit, complemented by ample street parking for residents and guests alike. Offering modern convenience within the historic charm, every unit features dedicated washer and dryer hookups. The property's strategic locale abuts the recently revitalized Benny H. Potter, West Adams Avenues Memorial Park, adding a refreshing green expanse to your surroundings. Positioned centrally, revel in the proximity to a myriad of parks, shops, dining establishments, and cultural attractions. Beyond your immediate vicinity, connectivity is key. Downtown LA, USC, Culver City, and Hollywood are all within a short commute, maximizing your access to urban opportunities while nestled in a historic haven. This extraordinary property is poised to be a lasting investment and a testament to visionary ownership. Opportunities like this are fleeting - seize the chance before it slips away. Elevate your real estate portfolio!

Price History
8/28/2023 Listed $1,899,999
10/3/2023 39% - $1,175,000

General Features

Interior Features Balcony,CeilingFans,LaminateCounters,RecessedLighting
Sewer PublicSewer
Cooling WallWindowUnits
Zoning LARD1.5
HOA 0.0
Garage Spaces 0.0
Architectural Style Traditional,Victorian
Pool Features None
Year Built 1916
View None
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 0.0
Community Features Curbs,Sidewalks
County Los Angeles
Net Operating Income 74289.0
Operating Expense 11427.0
Insurance Expense 5127.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Other Structures Storage
Special Listing Conditions Standard,Trust
Status Pending
Directions Lt on Country Club,Lt on 3rd Ave
City Los Angeles
Entry Location Front
View Y/N No
Senior Community Y/N No
Total Units 4
MLS Area KREA - Koreatown
Lot Size Square Feet 8616.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 4
Street Name 3rd
Spa Features None
Property Attached Y/N Yes
Land Lease Y/N No
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 2700.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 118
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 56
Total Actual Rent 7143.04
Property Sub Type Additional Quadruplex
MobileHomeRemainsYN No

Interior Features

Flooring Carpet,Tile,Vinyl
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Laundry Features Inside
Entry Level 2
Electric On Property Y/N No

Exterior Features

Lot Features Item25UnitsAcre
Water Source Public
Total Parking 0.0
Lot Size Area 8616.0
Number of Buildings 1
Spa No
Building Area Total 6516.0
Lot Size Acres 0.1978
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90019

Price
AVG $1.21M
$1.75M
Visits
AVG 111
42
Data Provided by Inside Real Estate®
Year Built
AVG 1936
1916