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    1220 3Rd Ave Los Angeles, CA 90019

    Sponsored
    For Sale
    $1,400,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    4,665 SF
    Lot size:
    0.18 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 9 at 9:06 am

    Property Features for 1220 3Rd Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Blinds, Plantation Shutters, Screens, Double Pane Windows
    Zoning
    LARD1.5
    Rooms
    Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Dining Room, Bedroom 6, Bathroom 1, Bathroom 3, Bathroom 6
    Bedrooms
    6
    Bathrooms
    6
    APN
    5081-020-012
    Parking
    2
    Parking features
    Driveway, Garage
    Fireplace
    1
    Appliances
    Oven-Gas
    Size
    4,665 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1909
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Travertine, Mixed, Laminate, Carpet
    Roof type
    Shingle

    Real Estate eBroker Inc. (760) 722-3222 [email protected]

    Listing agent Anthony Henderson (760) 722-3222 License #01851723

    Listing date Jan 2, 2026

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hancock Park Quadplex Opportunity

    Located in the Hancock Park area of Los Angeles, this quadplex offers a blend of historic charm and modern accessibility. The property, situated on a 7,802 sq ft lot, features 4,665 sq ft of living space. It comprises four units: two 2-bedroom, 2-bathroom units in good condition, and two 1-bedroom, 1-bathroom units in average condition. The property presents a value-add opportunity for investors, with potential for updates and strong cash flow. The location offers proximity to Larchmont Village, known for its boutique shopping, dining, and entertainment options. Additionally, the property is near Metro lines, the Wilshire Country Club, the Los Angeles County Museum of Art (LACMA), and Melrose Avenue, providing convenient access to various parts of Los Angeles. This residential income property is located in a high-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    7fold Architect

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.318942
    Latitude
    34.049092

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    FAQs

    What type of property is this?
    Quadplex - Income-generating quadplex in prime Los Angeles location.
    Where is this quadplex located?
    The property is located at 1220 3Rd Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Income-generating quadplex in the prestigious Hancock Park area of Los Angeles.; - Value-add potential with two units offering room for updates.; - **Located steps from Larchmont Village's shopping, dining, and entertainment.**
    (424) 243-6205
    Request Owner's contact information
    1220 3Rd Ave Los Angeles, CA 90019
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    Los Angeles, CA 90019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 3Rd Ave Los Angeles, CA 90019
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