7051 3rd Los Angeles, CA 90043

Building Details

Year Built

1951

Listing Agency JRealty a***@jrealty.org Show Phone

Listed by America Morales · License #02191262 Show Phone

Source Evrealestate

Added: May 28 Checked: Jul 17 at 7:51 am

Report an Issue

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 JRealty

---

Investment Insights

Based on property information with market context.

This corner mixed-use property offers commercial storefront frontage on Florence Ave alongside three residential units positioned on the 3rd Ave side. The site also includes gated on-site parking, with access from the 3rd St side, creating a clear separation between street-facing storefront activity and residents’ vehicle access.

Located in Los Angeles County, the property’s configuration is designed around two street exposures. The commercial component fronts Florence Ave, while the residential portion is oriented to 3rd Ave, supported by parking entry off 3rd St. This layout can be appealing to owners seeking a live/work or multi-income structure within a single site.

As an investment, the mix of storefront frontage and residential units may suit buyers looking for diversification across income types rather than relying on a single use. The distinct frontages and gated parking can also support tenant operations by providing straightforward access for both customers and residents. This is a strong option for buyers interested in a compact mixed-use holding with defined separation of uses and an on-site parking amenity.

Key Highlights

• Corner property with commercial storefront frontage on W Florence Ave
• Includes 3 residential units on the 3rd Ave side
• Gated on‑site parking accessed from the 3rd St side

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $3,990,000

  8,688 SF

  Prime Automotive Land in Los Angeles

  Six parcels with buildings in established automotive corridor.

  125 E Florence Ave, Los Angeles, CA 90003

  View Details
• 

  $2,215,000

  4,528 SF

  Spanish Character Duplex with Balcony

  1920s Spanish-style duplex with central HVAC, upgraded electrical, and newer roof, delivered fully vacant at close of escrow.

  132 N Orange Dr, Los Angeles, CA 90036

  View Details
• 

  $1,789,000

  4,645 SF

  Historic Multifamily Victorian Residence

  Three-story Victorian built in 1905 with separate third-level living space and multiple bedroom and bath configurations.

  1810 Westmoreland Blvd, Los Angeles, CA 90006

  View Details
• 

  $4,500,000

  10,786 SF

  Gated Parking 13-Unit Multifamily

  13-unit multifamily with a fully gated perimeter, secure entry, and dedicated gated parking for each unit in Los Feliz.

  4208 Russell Ave, Los Angeles, CA 90027

  View Details
• 

  $1,350,000

  5,986 SF

  Fourplex with In-Unit Laundry

  Four-unit residential income property with in-unit laundry and separately metered gas and electricity.

  2156 City View Ave, Los Angeles, CA 90033

  View Details
• 

  $1,035,000

  3,876 SF

  Rehabilitated 3-Unit Income Triplex

  A recently rehabbed triplex with rear duplex built in 2005, offering multiple 4-bedroom units on a large lot.

  1045 W 103rd St, Los Angeles, CA 90044

  View Details
• 

  $2,999,999

  6,206 SF

  New Fourplex with Rooftop Deck

  Fully leased fourplex featuring a rooftop deck, solar, and separately metered utilities in Los Angeles.

  1151 S Ardmore Ave, Los Angeles, CA 90006

  View Details
• 

  $3,500,000

  10,470 SF

  Gated Apartment Building with Solar

  Gated 10-unit apartment building with central A/C, solar panels, and multiple covered parking options.

  1188 Innes Ave, Los Angeles, CA 90026

  View Details
• 

  $1,695,000

  3,600 SF

  Spanish-Style Multifamily Courtyard

  Gated single-story building with 10 studio units around a central courtyard, separately metered utilities and on-site laundry.

  1135 Lodi Pl, Los Angeles, CA 90038

  View Details
• 

  $1,999,999

  4,288 SF

  Turnkey Spanish Duplex Property

  Fully renovated duplex with two separate, move-in ready residences and attached outdoor living areas.

  1245 S Hudson Avenue, Los Angeles, CA 90019

  View Details
• 

  $1,599,000

  5,067 SF

  Vacant Multi-Unit Residence

  Vacant four-unit configured duplex with historic character, ready for restoration, redevelopment, or owner occupancy.

  1412 S Victoria Ave, Los Angeles, CA 90019

  View Details
• 

  $1,595,000

  2,426 SF

  Renovated Residential Income Property

  Renovated multi-unit property featuring in-unit laundry, updated kitchens, and a freestanding rear structure with remodeled units.

  6157 Mesa Ave, Los Angeles, CA 90042

  View Details

FAQs

What type of property is this?

Triplex - Corner setup combines commercial storefront frontage with three residential units and gated parking for a flexible income stream.

Where is this triplex located?

The property is located at 7051 3rd Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Corner property with commercial storefront frontage on W Florence Ave; Includes 3 residential units on the 3rd Ave side; Gated on‑site parking accessed from the 3rd St side