$1,519,000

Exceptional investment and owner-user opportunity in the highly desirable Jefferson Park neighborhood of Los Angeles. This beautifully maintained Spanish-style triplex combines timeless character with modern improvements, offering immediate rental income and outstanding long-term investment potential. The property consists of three spacious units: Unit #1 features 4 bedrooms, 2 bathrooms, and… Read More approximately 1,700 sq ft on the first floor; Unit #2 offers 3 bedrooms, 1 bathroom, and approximately 1,100 sq ft on the second floor; and Unit #3 includes 2 bedrooms, 1 bathroom, and approximately 700 sq ft on the second floor. Unit #3 can be delivered vacant if desired, providing an excellent opportunity for an owner-user or investor seeking additional flexibility.Recent improvements include updated kitchens and bathrooms, original hardwood flooring, updated plumbing, updated electrical panels, fresh interior and exterior paint, and a well-maintained building with excellent curb appeal. A major benefit is that each unit is separately metered for WATER, GAS, and ELECTRICITY, helping reduce owner-paid utility expenses. The property also offers on-site parking, attractive layouts, and abundant natural light.Additional upside may be available through the existing laundry room, which offers potential for conversion into an ADU. Buyer to independently verify all permits, zoning, feasibility, and development possibilities with the appropriate authorities. BUYER FINANCING OPPORTUNITY: This property appears to be located within a designated Census Tract that may qualify eligible buyers for a Welcome Home Grant of up to $20,000 with no income restrictions. Grant funds may potentially be applied toward down payment assistance, closing costs and loan fees, or discount points for an interest-rate buydown to help lower monthly payments. Program features include 3% down payment available, no private mortgage insurance (PMI), and reduced origination fees. All loan programs, grant amounts, property and borrower eligibility, terms, and availability are subject to lender guidelines and approval. Buyer should independently verify eligibility and program details with a participating lender. Ideally located just minutes from Downtown Los Angeles, USC, Exposition Park, Culver City, Mid-City, Koreatown, shopping, dining, entertainment, public transportation, and the 10 Freeway. The property benefits from strong rental demand in one of Los Angeles' established neighborhoods.An excellent opportunity for investors seeking rental income, future upside, and long-term appreciation, or for an owner-user looking to occupy Unit #3 while generating income from the other two units. Also well suited for a 1031 exchange or portfolio addition. Read Less

Courtesy of Urban Real Estate, Inc. 213-318-0777

Listing Snapshot

Days Online

Last Updated

Oct 3, 2026

Property Type

Other

Beds

Square Ft.

3,446

Lot Size

0.16 Acres

Year Built

1924

MLS Number

26848141

Additional Details

Appliances & Equipment

Microwave, Oven, Range Hood, Freezer, Refrigerator, Dryer, Ceiling Fan, Garbage Disposal, Hood Fan, Microwave, Washer, Range/Oven

Building

3,446 sq ft, Built in 1924, Levels: Two Level

Cooling

Ceiling Fan

Disclosures

None

Floors

Mixed

Garage

Other

Heating

Wall

Laundry

Community

Lot

LotAcreage: 0.1607, LotSizeArea: 7,002, 2-4 Lots

Parking

TotalParking: 10

Property

NumberOfUnits: 3, OtherStructures: None, Zoning: LARD2

Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List

Mortgage Calculator

Selling price

Down payment

Term (years)

Interest rate (%)

Monthly Payment

2025 3rd Ave

'VIP' Listing Search

Schools In The Area

Similar Listings

Find My Dream Home

1. Neighborhoods

2. Home Type

3. Send