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Remodeled Duplex with New ADU
For Sale
$869,000

7040 3rd, Los Angeles, CA 90043

Los Angeles, CA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market48

Property Features for 7040 3rd

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2, Laundry Room
Parking features Driveway
Appliances Gas Range, Dishwasher
Lot features Front Yard, Back Yard
Directions North of Florence. West of Van Ness Ave. HYDE PARK NEIGHBORHOOD
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 4008021006
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

large backyard

Building Details

Year built 1924
Floors in Building 1
Number of units 2
Listing Agency: RE/MAX MASTERS REALTY · RE/MAX International
Listed By: MIGUEL GARCIA · License #01256705
Added: Jul 16 Changed: Sep 1 Last Checked: Sep 1 at 1:06PM
MLS# CV26155890

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This remodeled duplex includes a two-bedroom, two-bathroom front residence with an open living area, natural light, updated flooring, fresh interior and exterior paint, and energy-efficient windows. The kitchen has been refreshed with stainless steel appliances, including a gas range and dishwasher. Central heating and central air conditioning are provided.

A separate brand-new accessory dwelling unit adds flexibility for guests, extended household use, or rental income. The property also offers a backyard suited to outdoor entertaining and a driveway for parking. Public water and public sewer serve the site. The approximately 0.1378-acre property was built in 1924 and is located near SoFi Stadium, Intuit Dome, Exposition Park, USC, BMO Stadium, LAX, and Downtown Los Angeles.

Key Highlights

  • Separate brand‑new accessory dwelling unit
  • Front residence includes 2 bedrooms and 2 full bathrooms
  • Remodeled kitchen with gas range and dishwasher

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-bedroom front residence with a separate ADU, updated interiors, and driveway parking.
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 $869,000.
What are key features of this property?
This property features: Separate brand‑new accessory dwelling unit; Front residence includes 2 bedrooms and 2 full bathrooms; Remodeled kitchen with gas range and dishwasher
More about this property
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