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4-Unit Plus Approved ADU Development

2103 3rd Avenue Los Angeles, CA 90018

2103 3rd Avenue, Los Angeles, CA, 90018
$1,299,000
For Sale
$1,299,000

Existing four 2BR units with washer/dryer hookups and individually metered utilities, plus approved plans for four 3BR ADUs.

Property Size3,800 SF
Lot Size0.16 Acres
Price / SF$341.84
Days on Market43

Property Features for 2103 3rd Avenue

General Information

Standard status
Active
Size
3,800 SF
Lot size
0.16 Acres
Property subtype
Multi Family

Building Details

Year Built
1914
Listing agency Palma Investments
Listed by Reginald McKizzie · License #01964289
Source Exitrealty
Added: Jun 10 Updated: Jul 22 at 10:56AM Checked: Jul 22 at 10:56AM

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 Palma Investments


Investment Insights

Based on property information with market context.

This offering combines an existing apartment building with approved plans for additional housing. The current property includes four large 2-bedroom, 1-bath units of approximately 950 SF each. Units have interior washer/dryer hookups, separate water heaters, and individually metered gas and electrical service. Upper units feature private balconies, and the apartments are fully occupied.

The proposed development calls for four new 3-bedroom, 2-bath ADUs on a corner-lot layout, pending final approval. The detached 4-car garages are ready for demolition to make way for the new construction. Recent improvements include a new roof, exterior paint, lead abatement completed for all units, and partial interior paint updates.

The property is located at 2103 3rd Avenue in Los Angeles, CA 90018 on a 7,000 SF corner lot with quick freeway access and minutes from Downtown LA.

Key Highlights

  • 1914‑built 4‑unit apartment plus approved plans for four new 3‑bed, 2‑bath ADUs
  • Four existing 2BR/1BA units are approximately 950 SF each and fully occupied
  • Each unit has interior washer/dryer hookups, separate water heaters, and individually metered gas and electrical service

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Existing four 2BR units with washer/dryer hookups and individually metered utilities, plus approved plans for four 3BR ADUs.
Where is this apartment building located?
The property is located at 2103 3rd Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1914‑built 4‑unit apartment plus approved plans for four new 3‑bed, 2‑bath ADUs; Four existing 2BR/1BA units are approximately 950 SF each and fully occupied; Each unit has interior washer/dryer hookups, separate water heaters, and individually metered gas and electrical service
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