3685 3rd Avenue
Los Angeles, CA 90018

  • 4 beds
  • 3 baths
  • 1,755 sqft
  • 5,799 sqft lot
  • $655 per sqft
  • 1925 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Lance Kim / Paradise Realty / closingtoday@gmail.com

Last checked: Checking… • Last updated Oct 31, 2023 •

MLS# RS23083371 —

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Sale history

Date Event Source Price % Change
9/27/23
BRIDGE $1,199,000
6/5/23
BRIDGE $1,199,000
5/19/23
Price Changed CRMLS_CA $1,199,000 -4.1%

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House Sold on 10/27/2023

$1,150,000

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Listing provided by broker:

Lance Kim

Paradise Realty

closingtoday@gmail.com

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Paradise Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 16:59 on Apr 26.

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