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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1206 3rd Avenue Los Angeles, CA 90019
$1,549,000 8 beds, 4 baths
4, 908 sqft
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Agent Remarks

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26837981
List price is $1,549,000
Beds: 8
Baths: 4
Built in 1921
4,908 sqft
2 stories
0.18 acres
Lot size: 0.1791
County: Los Angeles
Property style: Mediterranean
Zoning: LARD1.5
Interior features: Ceiling Fan(s)
Appliances: Disposal,Gas Oven,Refrigerator
Lot description: Back Yard,Landscaped
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 5/30/2026

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

The style of this listing is Mediterranean.
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Lat/Long: 34.049438, -118.318939.
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Listing Agent: Paul Barbosa
Lic#: 01338684
Office Name: Rancho Bernardo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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