USACALos Angeles3220 W 2Nd Street
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3220 W 2nd Street, Los Angeles, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,480,000

866

MLS® 26665803

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 7985 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1929
Avg. Price Per Sqft $185
MLS® Number 26665803

Property Address: 3220 W 2nd Street, Los Angeles, CA, 90004

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

Description

Offered at approximately $185 per square foot, far below today's replacement cost, this multifamily asset presents a rare opportunity to acquire in the Los Angeles market with a built-in value cushion while still benefiting from meaningful upside. The property features a well-balanced unit mix of two spacious 2-bedroom/2-bath units and four 1-bedroom/1-bath units, appealing to a broad tenant base ranging from small families and roommates to young professionals, supporting both strong retention and consistent demand. Situated on a large corner lot, the asset is comprised of two separate structures, creating a low-density, open layout with abundant natural light, improved airflow, and enhanced curb appeal. One structure includes townhouse-style units, further elevating tenant appeal for those seeking a more private, residential feel. Each unit enjoys its own private exterior entrance, reinforcing the property's home-like atmosphere, while six individual garages at the rear provide highly sought-after secure parking. Operational efficiency is enhanced by separately metered utilities, allowing tenants to cover their own usage and reducing expenses for ownership. With approximately 22% rental upside, investors have a clear path to increase income through strategic renovations, modernized interiors, and improved curb appeal. Complementing these fundamentals, the property showcases classic vintage architecture, including a pitched roof and raised foundation, offering timeless character that can be thoughtfully preserved while upgrading to meet today's rental expectations.
MLS® Number26665803
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1929
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$1,480,000List Price
  • Commute

Commute

Starting Address
Destination Address
3220 W 2nd Street, Los Angeles, CA

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