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3965 3rd Ave

Los Angeles, CA 90008
  • $1,550,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 25549215
Open House
UPDATED: 50 min ago
$1,550,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 1,296
    SQFT
  • $1,196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Description

Beautifully reimagined Craftsman gem with a newly built spacious ADU in the heart of thriving Leimert Park. Bathed in natural light, this investment offers 3 bedrooms, 2.5 baths while the 1 bed, 1bath ADU offers versatility perfect for generating additional rental income. Opportunity to capitalize the area's ongoing growth and proximity to USC, Culver City's Tech Corridor and booming & revitalized West Adams District. With Leimert Park now ranked among the most sought after neighborhoods in Los Angeles this property stands as a strategic investment for both lifestyle and long term gain. Property is 100% vacant. Seller is motivated! Submit all offers!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. 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. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164642922
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3965 3rd Ave Los Angeles, CA 90008

  • Price: $1,550,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 50 min ago
  • MLS #: 25549215
4
Beds
3
Baths
1
½ Baths
0.12
Acres
1,296
SQFT
$1,196
$/SQFT
1913
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
Beautifully reimagined Craftsman gem with a newly built spacious ADU in the heart of thriving Leimert Park. Bathed in natural light, this investment offers 3 bedrooms, 2.5 baths while the 1 bed, 1bath ADU offers versatility perfect for generating additional rental income. Opportunity to capitalize the area's ongoing growth and proximity to USC, Culver City's Tech Corridor and booming & revitalized West Adams District. With Leimert Park now ranked among the most sought after neighborhoods in Los Angeles this property stands as a strategic investment for both lifestyle and long term gain. Property is 100% vacant. Seller is motivated! Submit all offers!
Exterior Features

Direction Faces East Levels One Lot Size Area 5202 Other Structures Accessory Bldgs Parking Garage DrivewayGarage Is DetachedGatedGarage - 1 CarPrivate Garage Style Craftsman Total Parking 1

Interior Features

Common Walls Detached/No Common Walls Cooling Central Equipment Built-InsDishwasherGarbage DisposalDryerMicrowaveWasherRefrigerator Fireplace Rooms BathBonus RoomFree StandingKitchenLiving RoomPatioPrimary Bedroom Flooring Engineered HardwoodPorcelain Heating Central Water Heater Features TanklessGas

Property Features

Alley YN No Assessed Total Value 750000 Disclosures As Is Gross Income 120000 Gross Operating Income 27000 Like Units1 1 Like Units2 1 Net Operating Income 93000.00 Number Of Buildings 2 Number Of Units 2 Owner Pays GardenerWater Property Condition Tear DownRepairs Major Sale Type Standard Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays Cable TVMove In FeeMove Out FeeGasElectricity Total Annual Expense 27000 Type Of Units SFR & ADU Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR1

Listing provided courtesy of Angel White DRE#01185494 of Christie's International Real Estate SoCal: 424-249-7162.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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