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Remodeled Duplex with New ADU
For Sale
$869,900

7040 3rd, Los Angeles, CA 90043

Two-unit residential property offers upgraded interiors and a separate accessory dwelling unit.

Property Size1,588 SF
Price / SF$547.80
Days on Market27

Property Features for 7040 3rd

General Information

Standard status Active
Size 1,588 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 2

Amenities

backyard

Building Details

Building Size 1,588 SF
Year Built 1924
Buildings 2
Listing Agency: RE/MAX MASTERS REALTY
Listed By: MIGUEL GARCIA · License #01256705
Source: Benbelack
Added: Jul 16 Changed: Aug 11 Last Checked: Aug 11 at 7:46AM

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 RE/MAX MASTERS REALTY

Investment Insights

Based on property information with market context.

This duplex property includes a remodeled front residence with two bedrooms and two full bathrooms, including a primary suite. The interior features an open living area, updated flooring, fresh paint, energy-efficient windows, and a renovated kitchen equipped with stainless steel appliances. The bathrooms have contemporary finishes, and the separate accessory dwelling unit is newly constructed. The property contains 1,588 square feet and dates to 1924.

Outdoor space includes a large backyard that can accommodate entertaining and additional parking. The property is in Hyde Park, with access to SoFi Stadium, Intuit Dome, Exposition Park, USC, area museums, BMO Stadium, LAX, and Downtown Los Angeles.

Key Highlights

  • Remodeled duplex with a two‑bedroom, two‑bathroom front residence
  • Separate brand‑new accessory dwelling unit
  • 1,588 square feet on a property built in 1924

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Adult Day Care Storage Facility Butcher Plumbing Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,465
Businesses Nearby

Demographics for 90043, CA

46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two-unit residential property offers upgraded interiors and a separate accessory dwelling unit.
Where is this duplex located?
The property is located at 7040 3rd Los Angeles, CA.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Remodeled duplex with a two‑bedroom, two‑bathroom front residence; Separate brand‑new accessory dwelling unit; 1,588 square feet on a property built in 1924
More about this property
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