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3685 3rd Avenue, Los Angeles, CA 90018
$1,150,000
3685 3rd Avenue, Los Angeles, CA 90018View this property at 3685 3rd Avenue, Los Angeles, CA 90018
3685 3rd AvenueLos AngelesCA90018
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Property Description
Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb.
The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements.
Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner.
Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure.
Whether you're seeking a property where the back unit's rental income covers your mortgage payment or a home where you can enjoy the entire space with your family, this property offers the perfect solution. Don't miss out on this amazing opportunity!
Full Property Details
Full Property Details for 3685 3rd Ave
General
- Sold For: $1,150,000
- Status: Closed
- Type: Single Family
- MLS ID: RS23083371
- Added to Site: 352 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry
- Interior Features: Ceiling Fan(s), Furnished
- Fireplace(s): None
- Eating Areas: Area, Breakfast Counter/Bar, In Kitchen
- Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Carport, Garage Faces Rear, Garage Door Opener
Location
- County: Los Angeles
- Driving Directions: TBD
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Single Family Residence
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Blinds, Double-Pane Windows
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,755
- Sq. Ft. Source: Assessor
- Year Built: 1925
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1331
- Lot Size Source: Assessor
- Zoning: LAR1
- Lot Description: 2-5 Units/Acre
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $655.27
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
Listed by Paradise Realty, Lance Kim
Sold by Melody A. Jiggetts, Melody A. Jiggetts
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Schools
Schools serving 3685 3rd Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3109 6th Ave, Los Angeles, CA 90018 | K-5 | 0.5 mi | |
4120 11th Ave, Los Angeles, CA 90008 | 6-8 | 0.9 mi | |
3537 Farmdale Ave, Los Angeles, CA 90016 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3685 3rd Ave
Date
Details
Price
Change
Source
10/27/2023
Sold
$1,150,000
-4.09%
MLS
5/20/2023
Price Reduced
$1,199,000
-4.08%
MLS
5/15/2023
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3685 3rd Avenue, Los Angeles, CA 90018 (MLS# RS23083371) is a Single Family property that was sold at $1,150,000 on October 27, 2023. Want to learn more about 3685 3rd Avenue? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.