$1,549,000
1206 3rd Avenue, Los Angeles CA 90019
Multi-Family (4 Units)
Property type
13 days
On market
$316
Price per sqft
4 cars
Garage
1921
Year built
7,802 sqft
Lot size
Home highlights
Open Houses
Overview
Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated...
Listing provided by: Paul Barbosa DRE #01435896 323-533-6155, Century 21 Hollywood
Listing updated: May 30, 2026 at 07:18am.
Last checked: Jun 2, 2026 at 03:30pm
Source: CRMLS #26837981
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 2 | 1 | 1 | $2,500 | $0 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,500 | $1,300 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Carpet: 4
Disposal: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 1
Tenant Pays: Cable Tv, Electricity, Gas, Insurance, Trash Collection
Financial Snapshot
Gross Rent Multiplier
2,581.7x
List Price / Annual Gross Rent
Cap Rate
3.4%
NOI / List Price
Net Operating Income: $68,000
Interior
Interior Features: Ceiling Fans
Flooring: Carpet, Tile, Wood
Cooling: None
Heating: Wall Furnace
Appliances: Disposal, Gas Oven, Refrigerator
Laundry: Common Area
Entry Location: Ground Level W, Steps
Exterior
Architectural Style: Mediterranean
Property Attached: Yes
Stories Total: 2
Levels: Two
Foundation: Raised
Common Walls: One Common Wall
Direction Faces: West
Security Features: Gated Community, Window Bars
Lot Features: Back Yard, Landscaped
View: None
Garage and Parking
Garage Spaces: 4
Garage: Detached
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5081020014
Additional Parcels: No
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 1206 3rd Avenue, Los Angeles, CA 90019. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,239,200
Total Interest
$1,580,531
Total Payment
$2,819,731
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,596
per month
Property History for 1206 3rd Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90019.
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