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3685 3rd Avenue
Los Angeles, CA 90018
Sold
Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!
PROPERTY INFORMATION
| MLS # | RS23083371 | Lot Size | 5,799 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,199,000
Price Per SqFt: $ 683 |
DOM | 720 Days |
| Address | 3685 3rd Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 1,755 Sq. Ft. |
| Postal Code | 90018 | Garage | 1 |
| County | Los Angeles | Year Built | 1925 |
| Bed / Bath | 4 / 3 | Parking | 1 |
| Built In | 1925 | Status | Closed |
| Sold Date | 2023-10-27 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator |
| Kitchen Information | Kitchen Open to Family Room |
| Kitchen Area | Area, Breakfast Counter / Bar, In Kitchen |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Kitchen, Laundry |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Wood |
| InteriorFeatures Information | Ceiling Fan(s), Furnished |
| EntryLocation | front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | Blinds, Double Pane Windows |
| Bathroom Information | Shower, Shower in Tub, Exhaust fan(s), Quartz Counters |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wood |
WALKSCORE
Walk Score: 67 (Somewhat Walkable)
Transit Score: 50 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,279
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/02/2023 | Relisted | $1,199,000 |
| 05/31/2023 | Relisted | $1,199,000 |
| 05/19/2023 | Price Change | $1,199,000 (-4.08%) |
| 05/15/2023 | Listed | $1,250,000 |
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Listing provided courtesy of Lance Kim, Paradise Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
