Mixed-Use Property with
For Sale
$1,699,000
7051 3rd, Los Angeles, CA 90043
Commercial Sale, Los Angeles, CA
Property SizeContact for details
Days on Market177
Property Features for 7051 3rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2-1
Directions
Corner property at 2501 W Florence Ave / 7051-7055 3rd Ave featuring commercial storefront frontage on Florence Ave, three residential units on 3rd Ave side, and gated on-site parking accessed from 3rd St side.
Subdivision
C34 - Los Angeles Southwest
Standard status
Active
APN
4008022004
Site & Location
Corner Location
Yes
Mixed-Use Components
commercial, residential
Amenities
gated parking area
Building Details
Year built
1951
Buildings
2
Listing Agency:
JRealty
(424) 732-3980
Listed By:
America Morales · License #02191262
(310) 526-1318
Added: May 11
Changed: Nov 2
Last Checked: Nov 3 at 4:06AM
MLS# SB26110614
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.
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Investment Insights
Based on property information with market context.
The property combines a street-front commercial building with a residential triplex positioned behind it. Both components sit on one parcel, and the residential area has separate access from a side street. A gated parking area lies between the two structures.
Located in South Los Angeles, the corner property is near Inglewood and the Hollywood Park and SoFi Stadium corridor. The building dates to 1951, and the site is zoned C2-1.
Located in South Los Angeles, the corner property is near Inglewood and the Hollywood Park and SoFi Stadium corridor. The building dates to 1951, and the site is zoned C2-1.
Key Highlights
- Commercial building and residential triplex on one parcel
- Rear triplex has separate side‑street access
- Gated parking area between the structures
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,771
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-facing commercial building and rear residential units occupy one parcel, with separate access for the triplex.
Where is this mixed-use property located?
The property is located at 7051 3rd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Commercial building and residential triplex on one parcel; Rear triplex has separate side‑street access; Gated parking area between the structures
