Discover this beautiful Hancock Park quadplex in the heart of Los Angeles, where historic elegance meets modern convenience. Nestled on a spacious 7,802 sq ft lot with a total of 4,665 sq ft of living space, this income-generating property features four well-designed units: two spacious 2-bedroom, 2-bathroom units in good condition, and two cozy 1-bedroom, 1-bathroom units in average condition.,With two units in decent shape and room for updates, it offers strong cash flow and value-add potential for savvy investors. Enjoy the tranquility of tree-lined streets and stately estates, while being steps from vibrant Larchmont Village for boutique shopping, dining, and entertainment. Proximity to Metro lines, Wilshire Country Club, cultural landmarks like the Los Angeles County Museum of Art (LACMA), and trendy Melrose Avenue ensures easy access to all that LA has to offer. Don't miss this rare opportunity in one of the city's most prestigious enclaves, perfect for generating reliable income in a high-demand area!
Subdivision Name: ROBERT MARSH AND CO'S COUNTRY CLUB TERRACE TRACT L
Parking
Parking
Parking Features: Door-Multi, Driveway, Garage
Parking Total: 2
Schools
High School
High School District: Los Angeles Unified
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Sewer: Sewer Tap Paid
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 1220 3rd Avenue.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 1220 3rd Avenue.
How does 1220 3rd Avenue compare to other multi-family homes in Olympic Park?
This multi-family home is listed 36% below the average price for multi-family homes in Olympic Park and has been on the market for 8 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,665 sqft.
1220 3rd Avenue is a 6-bedroom multi-family home for sale in Los Angeles CA 90019. Available on Prevu for 88 days at $1,400,000. This home features 4,665 square feet of living space, located in Olympic Park. The median listing price for multi-family homes in this area is $1,694,500. Additional amenities include private outdoor space, dishwasher, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
