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3685 3rd Avenue

Los Angeles (City), CA 90018
  • $1,199,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: RS23083371
UPDATED: 26 min ago
$1,199,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,755
    SQFT
  • $683
    $/SQFT
Type:
Single-Family Home
Built:
1925
County:

School Ratings & Info

School District:
Listing Agent(s): Lance Kim of Paradise Realty (714-521-7401)


Description

Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb.The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements.Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner.Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure.Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-05T15:31:11.687. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
www.bestlahomefinder.com/homes/139575452
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3685 3rd Avenue Los Angeles (City), CA 90018

  • Price: $1,199,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 26 min ago
  • ID#: RS23083371
4
Beds
3
Baths
0
½ Baths
0.13
Acres
1,755
SQFT
$683
$/SQFT
1925
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
School District:
Los Angeles Unified
Property Description
Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb.The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements.Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner.Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure.Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Carport YN Yes Entry Level 1 Entry Location Front Fencing Wood Lot Features 2-5 Units/Acre Parking Features CarportGarageGarage Door OpenerGarage Faces Rear Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Built-In RangeDishwasherFreezerGas CooktopDisposalGas OvenGas RangeRefrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Furnished Main Level Bathrooms 2 Main Level Bedrooms 3 Window Features BlindsDouble Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN Yes Land Lease YN No Laundry Features Inside Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha 203(B)Fha 203(K)FhaFannie MaeVa Loan New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Utilities None Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-05T15:31:11.687. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371410662-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371410662-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371410662-2.jpg
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RE/MAX Masters
475 E. Badillo Street
Covina CA, 91723
Listing Agent(s): Lance Kim of Paradise Realty (714-521-7401)