new - 4 days on rocket

4246 3rd Ave, Los Angeles, CA, 90008

$1,000,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Baths
3,447 SqFt
$290/SqFt
House

Location

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4246 3rd Ave, Los Angeles$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Attached Garage4 spaces
Year Built1924
HeatingWall Furnace
CoolingNone
ViewNone
MLS #24471675
Lot Size0.12 Acres
StatusActive

About 4246 3rd Ave

Well-Maintained 4-Unit Income Property in Leimert Park. A rare opportunity to acquire a charming multi-unit property in the highly sought-after Leimert Park neighborhood. This building features four units with the following configurations: Two (2) One Bedroom/ One Bathroom, One (1) Two Bedroom / One Bathroom, and One (1) Three Bedroom / One Bathroom unit. The property is under rent control, fully occupied, and sold with tenants. Don't miss out on this unique investment opportunity in one of Los Angeles' most iconic neighborhoods! Don't disturb tenants. Buyer and Buyer agent to verify zoning and square footage.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 0
  • Living Area: 3,447 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (424) 600-7620
  • Listing Agent: Dionya Jackson

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: South of Martin Luther King Jr Blvd and East of Crenshaw Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $4,986
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

4246 3rd Ave vs Los Angeles

4 DAYS ON ROCKET

-34 Days

$1,000,000

-$21.5K Less

$290/SqFt

-$350 Less

KEY TAKEAWAY

This property is $21.5K less than the Median Sold Price and $350/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24471675

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (424) 600-7620
  • Listing Agent: Dionya Jackson

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: 12/18/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 04, 1989Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,986$382,402
2020$4,845$378,482
2019$4,745$371,061
2018$4,650$363,786
2017$4,650$356,654

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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-4546925
2
/10
  • 42nd Street Elementary School

  • 4231 4th Ave

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-4546926
6
/10
  • Tom Bradley Global Awareness Magnet

  • 3875 Dublin Ave

  • 0.65 miles

  • Public Magnet Grades KG-5

school-card-donut-4546927
3
/10
  • Angeles Mesa Elementary

  • 2611 W 52nd St

  • 0.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,494. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4246 3rd Ave

What is the listing price of this property?

The listing price of 4246 3rd Ave property is $1,000,000.

What type of property is this?

The property 4246 3rd Ave is a house located in Los Angeles, California, 90008.

Is this property for sale now?

Active Listing: 4246 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,986 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 4, 1989 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4246 3rd Ave has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 4246 3rd Ave is 3,447 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4246 3rd Ave is 1924.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900084246 3rd Ave

This home is located at 4246 3rd Ave in Los Angeles, CA and zip code 90008 in the Leimert Park neighborhood. This 3,447 square foot home, which was built in 1924, sits on a 0.12 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,000,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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