2406 3rd Ave Los Angeles, CA 90018

Tucked away on a quiet cul-de-sac in the highly desirable "The Avenues" of Historic West Adams, this beautifully remodeled fourplex is an exceptional opportunity for both investors and owner-users. Three of the four spacious units, each nearly 1,800 sq. ft., are delivered vacant, offering the comfort and scale of a single-family home with strong income potential. Updated interiors feature large kitchens, generous living areas, in-unit washer/dryers, and private patios or side yards in the remodeled units. Select units include added bathrooms and bonus rooms, enhancing flexibility and rental appeal. With projected market rents of approximately $4,500 per unit, the property can generate around $18,000 in monthly gross income. Each unit includes its own dedicated parking space, and there are three separate storage units available for tenant use. Ideally situated next to the renovated Benny H. Potter Park and minutes from USC, Culver City, Downtown LA, SoFi Stadium, the Metro Rail, and major studios, this prime West Adams location offers lasting value, strong rental demand, and exciting long-term growth potential as Los Angeles continues to expand ahead of the 2026 World Cup and 2028 Olympics.