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250 3rd Ave, Los Angeles, CA, 90291
Eight-Unit Multifamily Property

250 3rd Ave Los Angeles, CA 90291

For Sale
Contact for pricing

Eight-unit multifamily building with upgraded one-bedroom and studio homes, communal courtyard, and six on-site parking spaces.

Property Size3,288 SF
Price / SF$1,182
Days on Market94

Property Features for 250 3rd Ave

General Information

Standard status
Active
Size
3,288 SF
Property subtype
Multifamily

Building Details

Year Built
1956
Listing Agency: Compass
Listed By: John Swartz · License #CA 01873487
Source: Crexi
Added: Apr 21 Changed: Jul 23 Last Checked: Jul 23 at 4:34PM

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 Compass


Investment Insights

Based on property information with market context.

250 3rd Ave is an eight-unit multifamily property featuring four one-bedroom/one-bath units and four studio units. The residences have been substantially upgraded with contemporary cabinetry, modern appliances, and updated finishes. Several units include private outdoor space, including very large private patios on two one-bedroom units, private balconies on two studio units, and soaring open ceilings with exposed wood beams on two top-floor one-bedroom units. A landscaped communal garden courtyard at the building entrance provides shared outdoor space, and on-site laundry supports day-to-day resident needs.

The building includes six on-site parking spaces. Recent capital improvements include replacement of most electrical systems, upgrades to the majority of lateral plumbing, and complete reconstruction of the building’s balconies with new handrails approximately six years ago. Utilities are landlord-paid, and the property has five electric meters and five gas meters on-site.

The existing parking configuration may offer a potential ADU development path, subject to applicable zoning approvals.

Key Highlights

  • Eight‑unit multifamily property built in 1956 with a unit mix of four 1BD/1BA and four studios.
  • Upgraded homes with contemporary cabinetry, modern appliances, and updated finishes.
  • Outdoor features include very large private patios (2 1BD units), private balconies (2 studios), and reconstructed balconies with new handrails (~6 years ago).

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility Pharmacy Electrical Service Nail Salon Law Firm

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

FAQs

What type of property is this?
Apartment building - Eight-unit multifamily building with upgraded one-bedroom and studio homes, communal courtyard, and six on-site parking spaces.
Where is this apartment building located?
The property is located at 250 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Eight‑unit multifamily property built in 1956 with a unit mix of four 1BD/1BA and four studios.; Upgraded homes with contemporary cabinetry, modern appliances, and updated finishes.; Outdoor features include very large private patios (2 1BD units), private balconies (2 studios), and reconstructed balconies with new handrails (~6 years ago).
(310) 230-5478 Call to check price and availability
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