2406 3RD AVENUE, LOS ANGELES CA 90018

Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" section of Historic West Adams, this beautifully refreshed fourplex is an exceptional opportunity for both investors and owner-users. With 3 of the 4 units delivered vacant, 5 car garage - it's easy to show and ready for immediate occupancy or premium leasing. Each unit offers nearly 1,800 sq ft of living space comparable in size to the average single-family home in Los Angeles creating a rare sense of comfort and privacy not often found in income properties. All four units feature spacious kitchens, generous living areas and flowing layouts. Several have been thoughtfully reimagined to increase value and functionality, with formal dining rooms converted into bonus rooms (no closets) and additional bathrooms added in the laundry areas. These strategic upgrades not only enhance livability but also boost rental potential. Projected market rents of approx. $4,500 per unit equate to a potential $18,000/month in gross income, making this property a true cash-flow generator. Additional highlights include washer/dryer in each unit, private patios and side yards for remodeled units, individual one-car garages, and ample street parking. Located next to the newly upgraded Benny H. Potter Park and within close proximity to USC, Culver City, Sofi Stadium, the Metro Rail, Downtown LA, and major Hollywood studios, this location is as central as it is promising. With the 2026 World Cup and 2028 Olympics bringing international attention to Los Angeles, this prime West Adams location is poised for significant growth and appreciation. Don't miss this chance to secure a large, refreshed, and income-ready asset in one of LA's most vibrant and culturally rich neighborhoods.

Listing Courtesy of Obie Nwabuzor, Pacific Playa Realty