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Mediterranean Fourplex With Detached Garage
For Sale
$1,449,000

1206 3rd Ave, Los Angeles, CA 90019

Four-unit residential income property with three units delivered vacant and updated electrical and copper plumbing systems.

Property Size4,908 SF
Price / SF$295.23
Days on Market95

Property Features for 1206 3rd Ave

General Information

Standard status Active
Size 4,908 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 4

Building Details

Building Size 4,908 SF
Year Built 1921
Buildings 1
Construction Mediterranean
Listing Agency: Century 21 Hollywood
Listed By: Paul Barbosa · License #01435896
Source: Milsteinestates
Added: May 22 Changed: Aug 20 Last Checked: Aug 24 at 1:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Hollywood

Investment Insights

Based on property information with market context.

This Mediterranean-style fourplex, built in 1921, contains 4,908 square feet across four residential units. Three units will be delivered vacant, while the property includes updated electrical systems, electrical panels, and copper plumbing throughout. A detached four-car garage is also part of the improvements.

The property is located at 1206 3rd Ave in Los Angeles, California. The offering includes vacant-unit showings scheduled through the listing agent, and prospective visitors are asked not to walk the property without an appointment.

Key Highlights

  • Four‑unit Mediterranean‑style property built in 1921
  • 4,908 square feet across the fourplex
  • Three of four units delivered vacant

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Veterinary Clinic Supermarket Restaurant Butcher Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,743
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with three units delivered vacant and updated electrical and copper plumbing systems.
Where is this quadplex located?
The property is located at 1206 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Four‑unit Mediterranean‑style property built in 1921; 4,908 square feet across the fourplex; Three of four units delivered vacant
More about this property
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