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1714 3rd Ave
Los Angeles, CA 90019 Arlington Heights

$1,250,000 USD

Apartments For Sale • 3,310 SF

Property Details

Property Type Apartments
Total Building Size 3,310 SF
Lot Size 0.14 AC
Building Class C
Year Built 1907
Zoning LARD1.5

70 Transit Score

70 Walk Score

                
                    Highlights
                
                                Prime Mid-City 6-Unit Investment featuring an excellent unit mix of six 1-bedroom/1-bath units in one of Los Angeles' strongest rental markets.
                            
                                Oversized 5,962 SF LARD2-zoned lot with significant value-add and development potential.
                            
                                There is a current proposal for conversion of the existing carport into a two-story ADU development of approximately 1,600 Sq. Ft.
                            
                                Opportunity to add four (4) new ADU units (approximately 400 SF each), creating substantial future income potential.
                            
                                Major capital improvements already completed, including an upgraded electrical panel, new breakers, and brand-new water heaters.
                            
                                Four units have been renovated within the past five years, minimizing near-term capital expenditures.

Property Flyers

1714 3rd Ave Los Angeles_OM-compressed

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Tenant Controlled HVAC
Heating
Smoke Free
Kitchen
Tub/Shower
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	11 min	-	6.1 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	11 min	-	6.5 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	10.4 mi
Bob Hope	24 min	-	13.8 mi
Long Beach (Daugherty Field)	32 min	-	24.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Covered
Included in Rent:	Yes

Olga Wright 310-801-7373 Lyon Stahl Investment Real Estate

1714 3rd Ave Los Angeles, CA 90019 Arlington Heights