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4246 3rd Ave, Los Angeles, CA 90008

List Price: $850,000On Market FlagOn market
Dec 13, 20243,447 sqft7 beds4 baths
Listed by: Dionya Jackson
License #: 01977801
Phone #: 310-754-0056
Equity Union
Source:
CRMLS Logo
MLS #: 24471675

Property Description

Well-Maintained 4-Unit Income Property in Leimert Park. A rare opportunity to acquire a charming multi-unit property in the highly sought-after Leimert Park neighborhood. This building features four units with the following configurations: Two (2) One Bedroom/ One Bathroom, One (1) Two Bedroom / One Bathroom, and One (1) Three Bedroom / One Bathroom unit. The property is under rent control, fully occupied, and sold with tenants. Don't miss out on this unique investment opportunity in one of Los Angeles' most iconic neighborhoods! Don't disturb tenants. Buyer and Buyer agent to verify zoning and square footage.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,591

TurboHome Estimated Value

$944,700

$274 sqft

High Valuation
$991,935
$288/sqft
Normal Valuation
$944,700
$274/sqft
Low Valuation
$897,465
$260/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$274/sqft$944,700

Neighborhood: Leiment Park

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Comparative Value

$650K

$850K

$975K

$1.02M

$1.20M

$1.21M

3406 2nd Ave, Los Angeles, CA 90018

Sale Price: $650,000

Selected Comparable

4246 3rd Ave, Los Angeles, CA 90008

List Price: $850,000

Subject Property

4805 S St Andrews Pl, Los Angeles, CA 90062

Sale Price: $975,000

Selected Comparable

1124 W 42nd St, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

4076 9th Ave, Los Angeles, CA 90008

Sale Price: $1,200,000

Selected Comparable

5850 6th Ave, Los Angeles, CA 90043

Sale Price: $1,210,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4246 3rd Ave, Los Angeles, CA 90008

4246 3rd Ave, Los Angeles, CA 90008

List: $850,000

Listed: 12/13/2024

Area:3,447 sqft
Price/sqft:$247
Beds:7
Baths:4
Year Built:
Lot Size:5,422

Comparable Properties

COMPARABLE
Choose comps
3406 2nd Ave, Los Angeles, CA 90018

3406 2nd Ave, Los Angeles, CA 90018

Sale: $650,000

10/29/20241.33 mi

Area:3,760 sqft
Price/sqft:$173
Beds:7
Baths:4
Year Built:
Weight:21.1%
5850 6th Ave, Los Angeles, CA 90043

5850 6th Ave, Los Angeles, CA 90043

Sale: $1,210,000

10/24/20241.28 mi

Area:3,108 sqft
Price/sqft:$389
Beds:7
Baths:4
Year Built:
Weight:21.0%
4076 9th Ave, Los Angeles, CA 90008

4076 9th Ave, Los Angeles, CA 90008

Sale: $1,200,000

3/27/20250.47 mi

Area:3,146 sqft
Price/sqft:$381
Beds:8
Baths:4
Year Built:
Weight:19.5%
1124 W 42nd St, Los Angeles, CA 90037

1124 W 42nd St, Los Angeles, CA 90037

Sale: $1,025,000

4/4/20251.46 mi

Area:3,406 sqft
Price/sqft:$301
Beds:8
Baths:4
Year Built:
Weight:19.3%
4805 S St Andrews Pl, Los Angeles, CA 90062

4805 S St Andrews Pl, Los Angeles, CA 90062

Sale: $975,000

12/21/20240.65 mi

Area:3,894 sqft
Price/sqft:$250
Beds:7
Baths:5
Year Built:
Weight:19.0%

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