4 months on rocket

2406 3rd Ave, Los Angeles, CA, 90018

$2,190,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2406 3rd Ave, Los Angeles$2,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingConcrete, Driveway Level, Driveway, Electric Gate, Garage Faces Front, Garage, On Street
Garage5 spaces
Year Built1923
HeatingCentral
ViewPark
MLS #OC24146907
Lot Size0.20 Acres
StatusActive

About 2406 3rd Ave

Great Investment opportunity to own a Quadraplex located in "The Avenues" of Historic West Adams on a corner lot! This spacious property is what you call a rare find. Four large units, each just shy of 1,800 sq. ft. featuring 2 bedrooms and 1 bath, large kitchens and spacious living rooms with a beautiful open feel. Each unit comes with a 1 car garage and plenty of street parking as well as washer and dryer hookups in each unit. 3 units are rented, and 1 unit is vacant (possible owner’s unit) and tastefully remodeled with a private side yard and patio. Perfect opportunity for you to pick your own tenant or live in the vacant unit & continue renting the others. Located next to the beautifully renovated Benny H. Potter, West Adams Avenues Memorial Park. This central location is perfect for exploring the parks, shops, restaurants, and many other amenities nearby. You are also conveniently minutes from DTLA, USC, Culver City Sofi Stadium & Hollywood studios. This property is an incredible opportunity that won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: HomeSmart, Evergreen Realty
  • Office Phone: (949) 874-8961
  • Listing Agent: Davin Emmons

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Balcony, Bedroom on Main Level

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park
  • Exterior: Lighting

Parking Information:

  • Garage Space: 5 spaces
  • Parking: Concrete, Driveway Level, Driveway, Electric Gate, Garage Faces Front, Garage, On Street

Lot Features

Lot Information:

  • Lot: Front Yard, Lawn, Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Arlington Ave/W. Adams Bl

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,190,000

Tax Information:

  • Annual Amount: $4,897
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2406 3rd Ave vs Los Angeles

126 DAYS ON ROCKET

+88 Days

$2,190,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24146907

Listing Office:

  • Office Name: HomeSmart, Evergreen Realty
  • Office Phone: (949) 874-8961
  • Listing Agent: Davin Emmons

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,897$346,968
2020$4,766$343,412
2019$4,612$336,680
2018$4,526$330,080
2017$4,526$323,608

History based on county public records data.

Payment Calculator

$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,632

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-388837
6
/10

  • Mid-City's Prescott School of Enriched Sciences

  • 3150 W Adams Blvd

  • 0.24 miles

  • Public District Grades 1-5

school-card-donut-388838
6
/10

  • Carson - Gore Academy of Enviornmental Studies

  • 3200 W Washington Blvd

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-388839
4
/10

  • Arlington Heights Elementary School

  • 1717 7th Ave

  • 0.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,580. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90018›2406 3rd Ave

This home is located at 2406 3rd Ave in Los Angeles, CA and zip code 90018 in the West Adams Terrace neighborhood. This home, which was built in 1923, sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $2,190,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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