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NEW | 5 UNITS | WEST ADAMS DISTRICT
$1,650,000

For Sale
  • Summary
  • Location
  • Amenities

5.59% CURRENT CAP RATE! We are pleased to present 2819 3rd Avenue, an attractive single story 5-unit property located in the upcoming Jefferson Park Neighborhood in the West Adams District. The unit mix is comprised of 1 and 2 bedroom units. All 5 units have been completely and beautifully renovated with no expense spared.  Renovations include new flooring, kitchens, bathrooms, doors, stainless steel appliances, recessed lightings, mini split hvac units, exterior paint, dual-pane windows, solar panels, landscaping, etc.

 

One of the 5 units is a 2 bedroom 2 bath ADU that was built from the ground up in 2022 which is located at the rear of the property.   There is open parking available on-site which is accessible from the alley.

 

Conveniently located close to Culver City, USC and Downtown LA not to mention in a strong West Adams District rental market. A true gem of a property not to be overlooked!

  • Priced to sell at a 5.59% current CAP rate
  • Attractive single story construction
  • Ideal mix of 1 and 2 bedroom units
  • Strong West Adams rental market
  • Renovations include: new flooring, new kitchen, new bathroom, new appliances, etc
  • Turnkey condition

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Current Listings

Under Contract

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REDUCED BY $1,350,000 Realty Investment Advisors is pleased to present the opportunity to acquire a rare, 53-unit, multifamily value-add opportunity at 1520 Yosemite Drive in Eagle Rock, California. Offered for the first time in over 35 years, 1520 Yosemite is ideally situated in the center of Occidental College, Colorado Blvd, Eagle Rock Blvd & York…


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Under Contract

CARWASH | UPLAND

High Volume Express Carwash constructed in 1999 and renovated in 2021 with state-of-the-art express wash equipment. High Traffic location and large lot (.97 acres) in the affluent Upland neighborhood near strong national tenants, such as Walmart, Home Depot & CVS anchored shopping centers in near proximity. Over 38,000 avg daily traffic volume! Great visibility located…


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For Sale

6 UNITS | HIGHLAND PARK

Amazing opportunity to acquire a residential income property in prime Highland Park! Unit mix includes five 1 Bed/1 Bath and one 2 Bed/1 Bath. Building is on a very large lot offering a potential repositioning opportunity by adding two 2 Bed/2 Bath ADUs at $2500 each unit. Inquire for more details.


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