$1,299,000
2103 3rd Avenue, Los Angeles CA 90018
Multi-Family (Fourplex)
Property type
1 day
On market
$341
Price per sqft
4 cars
Garage
1914
Year built
7,000 sqft
Lot size
Home highlights
Open Houses
Overview
Existing 4-Unit + Approved Plans for 4 New ADUs - Rare RTI Development Opportunity pending final approval - The proposed new construction consists of four spacious 3-bedroom 2-bathroom perfectly positioned for functionality of the corner-lot layout. Close escrow and begin construction immediately upon RTI approval. The existing apartment building features four large...
Listing provided by: Reginald McKizzie DRE #01964289, Palma Investments
Listing updated: Jun 9, 2026 at 05:19pm.
Last checked: Jun 9, 2026 at 06:32pm
Source: CRMLS #RS26124580
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,035 | $1,035 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,149 | $1,140 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,144 | $1,140 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,060 | $1,060 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
24.7x
List Price / Annual Gross Rent
Cap Rate
4.04%
NOI / List Price
Gross Scheduled Income: $52,500
Operating Expense: $0
Net Operating Income: $52,500
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Fireplace: None
Laundry: Washer Hookup, Inside
Entry Location: 3 Rd Ave
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre, Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Door Single, Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5060028001
Additional Parcels: No
Tax Lot: 1
Zoning: LARD2
Tax Block: 17
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 2103 3rd Avenue, Los Angeles, CA 90018. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,039,200
Total Interest
$1,325,442
Total Payment
$2,364,642
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,072
per month
Property History for 2103 3rd Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90018.
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