1125 3rd Ave - Apartments FOR SALE


Los Angeles, CA 90019- Arlington Heights
$2,180,000 USD
213-247-4804
1125 3rd Ave, Los Angeles, CA for Sale
$2,180,000 USD
Apartments - FOR SALE
1/7
null | 3.32% Cap Rate

1125 3rd Ave
Los Angeles, CA 90019
Arlington Heights


HIGHLIGHTS

  • Koreatown's Premier Rental Market
  • Hancock Park Adjacent Location
  • Fourplex Spacious Apartment Building
  • Quiet & Desirable Neighborhood
  • Significant Rental Upside Potential

OVERVIEW

Stunning Country Club Park Fourplex Spacious 3BR/3BA Units in Prime Hancock Park Adjacent Location! Exceptional investment opportunity in the heart of Country Club Park! This beautifully maintained fourplex, located near 3rd Avenue and 11th Street, features four expansive 3-bedroom, 3-bathroom units, each offering approximately 1,800 sq ft of living space. Each unit boasts a formal dining room, in-unit laundry, private storage, and a thoughtfully designed floor plan for comfortable living. Recent upgrades include new laminate hardwood flooring, granite kitchen countertops, and blending modern touches with classic charm. Situated in a historically rich and culturally vibrant neighborhood just north of Pico Blvd and west of Arlington Ave, this property showcases timeless architecture and is nestled in an area known for its character, charm, and strong sense of community. Located in a highly desirable rental pocket adjacent to Hancock Park, this fourplex presents an excellent opportunity for both investors and owner-users. Enjoy consistent rental demand and long-term appreciation potential in one of Los Angeles' most sought-after neighborhoods.Don't miss this rare gem! This property is located within a City Historic Preservation Overlay Zone (HPOZ).

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

4

PRICE/UNIT

$545,000

CAP RATE

3.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1125 3rd Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,353 SF

ZONING

LARD 1.5

APN/PARCEL ID

5081-015-002

ASK ABOUT THIS PROPERTY

Audrey JungB & B Investment PropertiesMore Info
213-247-4804

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Audrey JungB & B Investment PropertiesMore Info
213-247-4804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.