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Property Description
Wilshire Park opportunity with tremendous upside! Located on one of the most desirable tree-lined streets in historic Wilshire Park HPOZ, this classic 1922 character home offers 4 bedrooms, 3 bathrooms, approximately 2,036 sq. ft. of living space on an oversized nearly 10,000 sq. ft. lot with a private pool an increasingly rare find in this central Los Angeles location. Public records show a 9,976 sq. ft. lot and strong surrounding home values, making this an exceptional value-add opportunity for investors and owner-users alike. This is ideal for buyers looking to customize, renovate, expand, or reposition for significant equity growth. The spacious backyard and pool create endless possibilities for luxury outdoor living, ADU potential (buyer to verify), or a premium resale strategy. Surrounded by larger renovated homes and strong comparable sales in the $1.5M$1.9M+ range, this property presents a rare chance to secure a prime asset below replacement cost. Nearby access to Larchmont Village, Koreatown, Downtown Los Angeles, and major studios makes this location highly attractive for both homeowners and long-term investors. Perfect for savvy investors seeking flip or hold opportunities, as well as regular homebuyers wanting to create their dream home in one of LA's walkable and historic residential neighborhoods. Delivered vacant, buyers to conduct own due diligence.
Full Property Details
Full Property Details for 849 3rd Ave
General
- Price: $1,450,000
- Status: Active
- Type: Single Family
- Source: CLAW
- MLS ID: 25600255
- Updated: 4/30/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Den/Office, Breakfast Area, Converted Garage, Patio Open, Basement
- Fireplace: Yes
- Number of Fireplaces: 1
- Eating Areas: Breakfast Area
- Cooking Appliances: Gas/Electric Range
- Furnishings: Unfurnished
- Flooring: Hardwood, Linoleum, Mixed, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Area
Additional Information
- Pool: Yes
- Pool Description: In-Ground
- Spa Description: None
- Other Features: Shed(s)
Parking
- Garage Description: Driveway
Location
- Area: Hancock Park-Wilshire
- County: Los Angeles
- Driving Directions: Between 8th Street and 9th Street, north of Olympic Blvd, south of Wilshire, east of Highland Ave, west of Western Ave
- Direction Faces: East
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Structural Information
- Architectural Style: Craftsman
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Disability Access: Chairlift
- Stories/Levels: 2
- Square Feet: 2,036
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1922
- Year Built Source: Vendor Enhanced
- Property Condition: Repair Cosmetic, Repairs (Major), Fixer
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.2291
- Lot Size: 9979
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 55 x 182
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $712.18
- Assessment Year: 1922
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5092-014-023
Listed by Keller Williams Larchmont, Gina Ibarrola
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Schools
Schools serving 849 3rd Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wilton Place Elementary School 745 South Wilton Place, Los Angeles, CA 90005 | K-5 | 0.1 mi |
John Burroughs Middle School 600 McCadden Place, Los Angeles, CA 90005 | 7-8 | 1.2 mi |
Los Angeles Senior High School 4650 West Olympic Boulevard, Los Angeles, CA 90019 | 9-12 | 0.9 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 849 3rd Ave
Date
Details
Price
Change
Source
4/30/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 849 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,502
2%
$100,448
4%
2023
$1,467
4%
$96,550
2%
2022
$1,413
2%
$94,658
2%
2021
$1,382
-1%
$92,803
1%
2020
$1,389
3%
$91,853
2%
2019
$1,346
6%
$90,053
2%
2018
$1,264
2%
$88,289
2%
2017
$1,241
4%
$86,558
2%
2016
$1,190
1%
$84,862
2%
2015
$1,175
-1%
$83,588
2%
2014
$1,190
-4%
$81,952
—
2013
$1,234
—
$81,583
—
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 849 3rd Ave
849 3rd Ave, Los Angeles, CA 90005 (MLS# 25600255) is a Single Family property with 4 bedrooms and 3 full bathrooms. 849 3rd Ave is currently listed for $1,450,000 and was received on April 30, 2026. Want to learn more about 849 3rd Ave? Do you have questions about finding other Single Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.

