Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
9 Beds
4 Baths
3,446 sqft

$1,519,000

2025 3rd Ave, Los Angeles CA, 90018

Price per sqft$440.80
Built in1924
Property size3,446 sqft
Property typeMulti-family

Overview

Active

Listed Aug 1, 2026

Updated 24h ago

Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Unit #3 can be delivered vacant if desired, providing an excellent opportunity for an owner-user or investor seeking additional flexibility.Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. A major benefit is that each unit is separately metered for WATER, GAS, and ELECTRICITY, helping reduce owner-paid utility expenses. The property also offers on-site parking, attractive layouts, and abundant natural light.Additional upside may be available through the existing laundry room, which offers potential for conversion into an ADU. Buyer to independently verify all permits, zoning, feasibility, and development possibilities with the appropriate authorities. BUYER FINANCING OPPORTUNITY: This property appears to be located within a designated Census Tract that may qualify eligible buyers for a Welcome Home Grant of up to $20,000 with no income restrictions. Grant funds may potentially be applied toward down payment assistance, closing costs and loan fees, or discount points for an interest-rate buydown to help lower monthly payments. Program features include 3% down payment available, no private mortgage insurance (PMI), and reduced origination fees. All loan programs, grant amounts, property and borrower eligibility, terms, and availability are subject to lender guidelines and approval. Buyer should independently verify eligibility and program details with a participating lender. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway. The property benefits from strong rental demand in one of Los Angeles' established neighborhoods.An excellent opportunity for investors seeking rental income, future upside, and long-term appreciation, or for an owner-user looking to occupy Unit #3 while generating income from the other two units. Also well suited for a 1031 exchange or portfolio addition.

$10,106/mo

Est. mortgage payment based on a $1,519,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26848141

Interior Features

Bedrooms
9
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Listed by Eun Kim with Urban Real Estate, Inc.
Listing Contact: 213-451-7333 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Roster shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/7/2026

.     

Powered by Luxury Presence