7-Unit Apartment
For Sale
$1,625,000
2321 3rd Ave, Los Angeles, CA 90018
Seven two-bedroom residences feature open living and kitchen plans, and three units are slated for vacant delivery.
Property Size4,178 SF
Price / SF$388.94
Days on Market111
Property Features for 2321 3rd Ave
General Information
Standard status
Active
Size
4,178 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Arlington Heights
Units
Unit Mix
7 x 2BR/1BA
Multifamily Units
7
Additional Details
Tenant in Place
Yes
Building Details
Building Size
4,178 SF
Year Built
1958
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
Listed By:
Danny Mahelka · License #01170359
(213) 359-4097
Source:
Chrispickettrealestate
Added: Jul 8
Changed: Oct 26
Last Checked: Oct 26 at 12:25PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1958, this 4,178-square-foot apartment property contains seven two-bedroom, one-bathroom homes, each with an open living and kitchen layout. Three units are to be delivered vacant, while the others are occupied. Improvements include a 400-amp electrical service with new feeder lines to the subpanels, a completed soft-story seismic retrofit, and upgraded balconies with new steel railings meeting California SB721 requirements.
On-site parking serves the residents, and Benny H. Potter Park is adjacent to the property. The location also provides access to destinations including Downtown Los Angeles, USC, Culver City, LACMA, and Los Angeles Trade-Technical College.
On-site parking serves the residents, and Benny H. Potter Park is adjacent to the property. The location also provides access to destinations including Downtown Los Angeles, USC, Culver City, LACMA, and Los Angeles Trade-Technical College.
Key Highlights
- Seven apartments, each configured with two bedrooms and one bathroom
- Three units to be delivered vacant; the remaining units are occupied
- 4,178 square feet; built in 1958
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,538
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven two-bedroom residences feature open living and kitchen plans, and three units are slated for vacant delivery.
Where is this apartment building located?
The property is located at 2321 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Seven apartments, each configured with two bedrooms and one bathroom; Three units to be delivered vacant; the remaining units are occupied; 4,178 square feet; built in 1958
