1328 3Rd Ave, Los Angeles, CA

Name: 1328 3Rd Ave, Other in Los Angeles - eXp Realty
Brand: RE/MAX TOP PRODUCERS
SKU: CV26045861
Price: 1059000 USD

House

Other

Listed price in listed location currency (USD).

$1,059,000

008

MLS® CV26045861

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes

Days Active 54

Lot Size

Approx. Age 1903

MLS® Number CV26045861

Property Address: 1328 3rd Ave, Los Angeles, CA, 90019-4516

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in prime Mid-City Los Angeles – triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles’ most desirable rental markets. The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods. Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units. Zoned LARD1.5, the property may offer future development potential and additional land value in a high-growth Los Angeles submarket (buyer to verify with city). Conveniently located near Downtown Los Angeles, Koreatown, public transportation, restaurants, shopping, and major employment centers, this property benefits from consistent tenant demand and strong long-term appreciation potential. Whether you're looking for a Los Angeles triplex investment, rental income property, house-hacking opportunity, or ADU development play, this Mid-City multifamily property offers flexibility, income potential, and a prime central location.

MLS® NumberCV26045861

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1903

Basement

DrivewayCovered

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

Other

Mar 4, 2026List Date

$1,059,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Armando Olmeda

[email protected]

909-286-2005

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