1328 3rd, Los Angeles, CA 90019
Local realty services provided by:ERA Donahoe Realty
1328 3rd,Los Angeles, CA 90019
$1,059,000
- - Beds
- - Baths
- 2,347 sq. ft.
- Multi-family
- Active
Listed by: armando olmeda
Office: re/max top producers
MLS#:CV26045861
Source:CRMLS
Price summary
- Price:$1,059,000
- Price per sq. ft.:$451.21
About this home
Investor opportunity in prime Mid-City Los Angeles – triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles’ most desirable rental markets.
The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods.
Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units.
Zoned LARD1.5, the property may offer future development potential and additional land value in a high-growth Los Angeles submarket (buyer to verify with city).
Conveniently located near Downtown Los Angeles, Koreatown, public transportation, restaurants, shopping, and major employment centers, this property benefits from consistent tenant demand and strong long-term appreciation potential.
Whether you're looking for a Los Angeles triplex investment, rental income property, house-hacking opportunity, or ADU development play, this Mid-City multifamily property offers flexibility, income potential, and a prime central location.
Contact an agent
Home facts
- Year built:1903
- Listing ID #:CV26045861
- Added:1 day(s) ago
- Updated:March 04, 2026 at 05:39 AM
Rooms and interior
- Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
- Living area:2,347 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Roof:Shingle
- Year built:1903
- Building area:2,347 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Front Yard, Rectangular Lot
- Levels:2 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$1,059,000
- Price per sq. ft.:$451.21
Features and amenities
- Appliances:Dishwasher, Disposal
- Amenities:Carbon Monoxide (CO2) Detector, Open Floor Plan
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