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$959,000
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Property Description
**Excellent Triplex Investment Opportunity in Central Los Angeles**
Well-positioned **three-unit residential income property** offering an attractive opportunity for investors, owner-occupants, or multi-generational living. The property consists of **three 2-bedroom, 1-bathroom units**, providing a desirable and functional unit mix.
The **two front units are attached**, while the **third unit is detached**, offering additional separation and privacy. This configuration provides flexibility for an owner-user looking to offset housing expenses with rental income or an investor seeking a multi-unit property with long-term income potential.
Centrally located with convenient access to **shopping, dining, schools, public transportation, and major Los Angeles thoroughfares**.
A solid opportunity to acquire a **three-unit income-producing property in the Los Angeles market**, with each residence offering two bedrooms and one bathroom.
Full Property Details
Full Property Details for 5151 3rd
General
- Price: $959,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: BB26214374
- Updated: 10/7/2026
- Days on Market: 8 days
- Added to Site: 8 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Combination Driveway
- Parking: Combination Driveway
Location
- Area: PHHT - Park Hills Heights
- County: Los Angeles
- Development Name: PHHT - Park Hills Heights
- Driving Directions: Use Waze
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Architectural Style: Craftsman
- Roof: Composition
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,398
- Year Built: 1924
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1398
- Lot Size (Sq. Ft.): 6,090
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $399.92
- Price Per Unit: 319667
Disclosures and Reports
- Exclusions: tenants personal property
Listed by Homeworks Realty, Laura Uribe
Get Pre-Approved Today
Schools
Schools serving 5151 3rd
School District:Santa Monica-Malibu Unified School District
| Name | Grades | Distance |
|---|---|---|
John Muir Elementary School, Santa Monica, CA 2526 6th Street, Santa Monica, CA 90405 | PK-5 | 0.5 mi |
John Adams Middle School, Santa Monica, CA 2425 16th Street, Santa Monica, CA 90405 | 6-8 | 1.1 mi |
Santa Monica High School 601 Pico Boulevard, Santa Monica, CA 90405 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5151 3rd
Date
Details
Price
Change
Source
10/01/2026
Listed
$959,000
—
MLS
6/23/2022
Sold
$959,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5151 3rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,346
—
$1,017,697
2%
2025
$12,346
3%
$997,743
4%
2023
$11,969
37%
$959,000
35%
2022
$8,750
1%
$710,868
2%
2021
$8,634
-1%
$696,930
1%
2020
$8,719
4%
$689,785
2%
2019
$8,382
2%
$676,260
2%
2018
$8,251
2%
$663,000
2%
2017
$8,076
106%
$650,000
113%
2016
$3,924
1%
$305,309
2%
2015
$3,870
-1%
$300,724
2%
2014
$3,903
—
$294,835
—
2013
$3,898
—
$293,504
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5151 3rd
5151 3rd, Los Angeles, CA 90043 (MLS# BB26214374) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5151 3rd is currently listed for $959,000 and was received on October 01, 2026. Want to learn more about 5151 3rd? Do you have questions about finding other Multi-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.

