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1714 3rd Ave Los Angeles, CA 90019

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For Sale
$1,375,000

Value-add opportunity in central Los Angeles location.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:04 am

Property Features for 1714 3rd Ave

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
David O'Keefe

Listing agent David O'Keefe License #License(s): CA: 01928739

Listing office

Listing date Apr 3, 2026

Source Marcusmillichap

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 David O'Keefe


Overview

Mid City Six-Unit Apartment Building

The property at 1714 3rd Avenue is a six-unit apartment building located in the Mid City area of Los Angeles. Constructed in 1907, the building retains original features while incorporating modern upgrades. Each unit has one bedroom and one bathroom, and each is separately metered for gas and electricity. Select units include original built-ins, hardwood floors, and decorative fireplaces, while others have been remodeled with newer flooring, kitchens, and baths. The property also features four garage spaces located in the rear. Current rents are approximately 37% below market, and one unit is vacant. There may be potential to add four 400-square-foot one-bedroom Accessory Dwelling Units, but this is subject to buyer verification. The property's location is near Downtown Los Angeles, Culver City, and the Miracle Mile. It is located a half-block from the new 'The Arlington' mixed-use project and less than a half-mile from the 10 Freeway. The property is conveniently near retail.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.31995
Latitude
34.04125

FAQs

What type of property is this?
Apartment building - Value-add opportunity in central Los Angeles location.
Where is this apartment building located?
The property is located at 1714 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Significant Value‑Add Opportunity: Current rents are approximately 37% below market with one vacant unit, offering substantial rental upside potential.; ADU Potential: Opportunity to add four 400‑square‑foot one‑bedroom ADUs (buyer to verify), further increasing income potential.; Prime Mid City Location: Central to Downtown Los Angeles, Culver City, and the Miracle Mile, providing convenient access to various attractions and amenities.
More about this property
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