5.76% 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!