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1/23
$919,880
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1/23
Property Description
PRICE IMPROVEMENT!!
REMODELED HOME WITH PERMITTED ADU in Vibrant Hyde Park !!
Fully remodeled front home consisting of a 2 bedroom and 2 full bathrooms and a fully permitted Accessory Dwelling Unit (ADU) with 2 bedrooms, 1 full bathroom and kitchen. This is a rare opportunity for savvy investors or homeowners seeking significant income potential and flexible living arrangements.
Bright, open-concept living space with abundant natural light, modern finishes with brand new kitchen with stainless steel appliances, spacious bedrooms with a fantastic Master suite with a private bathroom. Situated in a central Los Angeles location just minutes away form major hubs and attractions for both owners and renters. Close proximity to SoFi Stadium, Intuit Dome, BMO Stadium, Exposition Park, USC Campus and various museums. Convenient distance to LAX and Downtown LA.
Full Property Details
Full Property Details for 7040 3rd Ave
General
- Price: $919,880
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: CV25250858
- Updated: 3/3/2026
- Days on Market: 139 days
- Added to Site: 139 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, See Remarks
- Fireplace(s): None
- Eating Areas: Dining Room, Breakfast Nook
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Individual Room, Outside, Stackable
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, Open Patio
Parking
- Parking: Driveway, Private
Location
- County: Los Angeles
- Driving Directions: N. of Florence
School Information
- School District: Los Angeles Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Spanish
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Entry Location: Street
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,588
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.1378
- Lot Size (Sq. Ft.): 6,002
- Lot Size Source: Assessor
- Lot Description: Front Yard, Yard
- Fencing (Description): Wood, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $579.27
Disclosures and Reports
- Special Conditions: Standard
Listed by Re/Max Masters Realty, MIGUEL GARCIA
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Schools
Schools serving 7040 3rd Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Seventy-Fourth Street Elementary School 2112 West 74th Street, Los Angeles, CA 90047 | K-5 | 0.3 mi |
Horace Mann Ucla Community 7001 South Saint Andrews Place, Los Angeles, CA 90047 | 6-8 | 0.5 mi |
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet 5010 11th Avenue, Los Angeles, CA 90043 | 9-12 | 1.6 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 7040 3rd Ave
Date
Details
Price
Change
Source
3/03/2026
Price Reduced
$919,880
—
MLS
2/19/2026
Price Reduced
$919,888
—
MLS
1/28/2026
Price Reduced
$919,900
-1.93%
MLS
1/06/2026
Price Reduced
$938,000
-0.11%
MLS
12/02/2025
Price Reduced
$939,000
-0.1%
MLS
11/13/2025
Price Reduced
$939,900
-2.08%
MLS
10/30/2025
Listed
$959,900
43.27%
MLS
4/26/2021
Sold
$670,000
—
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 7040 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,594
1%
$776,696
2%
2024
$9,466
2%
$761,467
9%
2023
$9,289
5%
$697,067
2%
2022
$8,864
56%
$683,400
48%
2021
$5,683
-1%
$460,218
1%
2020
$5,739
328%
$455,500
37%
2019
$1,341
-67%
$331,372
2%
2018
$4,082
2%
$324,875
2%
2017
$3,996
2%
$318,506
2%
2016
$3,902
4%
$312,261
4%
2015
$3,768
-2%
$301,000
—
2014
$3,862
26%
$301,000
28%
2013
$3,077
—
$236,000
—
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 7040 3rd Ave
7040 3rd Avenue, Los Angeles, CA 90043 (MLS# CV25250858) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7040 3rd Avenue is currently listed for $919,880 and was received on October 30, 2025. Want to learn more about 7040 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.

