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Listed by: Paul Barbosa (323) 533-6155 DRE #01435896 | Century 21 Hollywood (323) 462-7436
$1,449,000
Monthly Est:$7,212
8 Beds
4 Baths
4,908sqft
1206 3rd Avenue, Los Angeles, CA 90019
$1,449,000
$7,212/moEst:
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Multi Family
Built in 1921
$-- HOA
7,802 sqft lot
$295/sq.ft
Description
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 electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.
- Houzeo last checked: 6 minutes ago
- Listing updated: September 24, 2026 at 5:18 pm
- Source: California Regional MLS-CA | MLS#: 26837981
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1921
HOA Fees
-
Finished Area
4,908 sqft
Lot Size
7,802 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26837981
MLS Status
ActiveUnderContract
Days on Market
147
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Cooling
None
Heating
Wall Furnace
Appliances
Disposal, Gas Oven, Refrigerator
Interior Features
Ceiling Fans
Flooring
Carpet, Tile, Wood
Construction
Year Built
Year Built: 1921
Home type
Multi Family
Foundation Details
Raised
Architectural Style
Mediterranean
Utilities & Energy
Laundry Features
Common Area
Security Features
Gated Community, Window Bars
Other Features
Disclosures
Rent Control
Lot Features
Back Yard, Landscaped
Community Features
Gated
Tenant Pays
Cable Tv, Electricity, Gas, Insurance, Trash Collection
Price History
| Date | Event | Price |
|---|---|---|
07/24/2026 Source: | Contingent (Active Under Contract) | $1,449,000 $295/sqft |
07/23/2026 Source: | Price Decreased | $1,449,000 -3.34% $295/sqft |
06/22/2026 Source: | Price Decreased | $1,499,000 -3.23% $305/sqft |
05/22/2026 Source: | Listed for Sale | $1,549,000 +68744.44% $316/sqft |
02/15/2019 Source: | Price Increased | $2,250 +20.00% $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 12:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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