849 3rd AVE, Los Angeles, CA 90005
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849 3rd AVE, Los Angeles, CA 90005
849 3rd AVE, Los Angeles, CA 90005
849 3rd AVE, Los Angeles, CA 90005
849 3rd AVE, Los Angeles, CA 90005
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$ 1,450,000
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849 3rd AVE Los Angeles, CA 90005

4 Beds

3 Baths

2,036 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,036 sqft

Price per Sqft $712

MLS Listing ID 25600255

Bedrooms 4

Full Baths 3

Construction Status Fixer,Repairs Cosmetic,Repairs Major

HOA Y/N No

Year Built 1922

Lot Size 9,979 Sqft

Property Sub-Type Single Family Residence

Property Description

Wilshire Park opportunity with tremendous upside! Located on one of the most desirable tree-lined streets in historic Wilshire Park HPOZ, this classic 1922 character home offers 4 bedrooms, 3 bathrooms, approximately 2,036 sq. ft. of living space on an oversized nearly 10,000 sq. ft. lot with a private pool an increasingly rare find in this central Los Angeles location. Public records show a 9,976 sq. ft. lot and strong surrounding home values, making this an exceptional value-add opportunity for investors and owner-users alike. This is ideal for buyers looking to customize, renovate, expand, or reposition for significant equity growth. The spacious backyard and pool create endless possibilities for luxury outdoor living, ADU potential (buyer to verify), or a premium resale strategy. Surrounded by larger renovated homes and strong comparable sales in the $1.5M$1.9M+ range, this property presents a rare chance to secure a prime asset below replacement cost. Nearby access to Larchmont Village, Koreatown, Downtown Los Angeles, and major studios makes this location highly attractive for both homeowners and long-term investors. Perfect for savvy investors seeking flip or hold opportunities, as well as regular homebuyers wanting to create their dream home in one of LA's walkable and historic residential neighborhoods. Delivered vacant, buyers to conduct own due diligence.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR1

Rooms

Other Rooms Shed(s)

Interior

Heating Floor Furnace

Cooling None

Flooring Tile, Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Gas Range

Exterior

Parking Features Driveway

Pool In Ground

View Y/N No

View None

Total Parking Spaces 2

Building

Faces East

Story 2

Entry Level Two

Architectural Style Craftsman

Level or Stories Two

Additional Building Shed(s)

New Construction No

Construction Status Fixer,Repairs Cosmetic,Repairs Major

Others

Senior Community No

Tax ID 5092014023

Financing Cash,Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gina Ibarrola Keller Williams Larchmont #02040602

Nearby Locations

Hyun Jin IM

Hyun Jin IM

Broker Associate | License ID: 01989280

+1(213) 550-6273

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849 3rd AVE