1206 3rd Ave Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated payment $8,506/month
Highlights
- Wood Flooring
- 4 Car Garage
- Landscaped
- Mediterranean Architecture
- Laundry Room
- Ceiling Fan
About This Home
Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 7,802 Sq Ft Lot
- West Facing Home
- Gated Home
- Landscaped
- Back Yard
Parking
- 4 Car Garage
Home Design
- Mediterranean Architecture
- Entry on the 1st floor
- Raised Foundation
Interior Spaces
- 4,908 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Bars
- Laundry Room
Kitchen
- Gas Oven
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
- Laundry Facilities
- Rent Control
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 5081-020-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,681 | $503,882 | $293,934 | $209,948 |
| 2024 | $6,560 | $494,003 | $288,171 | $205,832 |
| 2023 | $6,446 | $484,318 | $282,521 | $201,797 |
| 2022 | $6,169 | $474,823 | $276,982 | $197,841 |
| 2021 | $6,065 | $465,513 | $271,551 | $193,962 |
| 2019 | $5,893 | $451,708 | $263,498 | $188,210 |
| 2018 | $5,751 | $442,852 | $258,332 | $184,520 |
| 2016 | $5,455 | $425,656 | $248,301 | $177,355 |
| 2015 | $5,379 | $419,263 | $244,572 | $174,691 |
| 2014 | $5,422 | $411,052 | $239,782 | $171,270 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | For Sale | $1,449,000 | 0.0% | $295 / Sq Ft |
| 07/24/2026 07/24/26 | Pending | -- | -- | -- |
| 07/23/2026 07/23/26 | Price Changed | $1,449,000 | -3.3% | $295 / Sq Ft |
| 06/22/2026 06/22/26 | Price Changed | $1,499,000 | -3.2% | $305 / Sq Ft |
| 05/22/2026 05/22/26 | For Sale | $1,549,000 | 0.0% | $316 / Sq Ft |
| 03/18/2019 03/18/19 | Rented | $2,250 | 0.0% | -- |
| 03/02/2019 03/02/19 | Under Contract | -- | -- | -- |
| 02/15/2019 02/15/19 | Price Changed | $2,250 | -10.0% | $2 / Sq Ft |
| 01/02/2019 01/02/19 | For Rent | $2,500 | +33.3% | -- |
| 04/25/2017 04/25/17 | Rented | $1,875 | 0.0% | -- |
| 04/25/2017 04/25/17 | Under Contract | -- | -- | -- |
| 04/19/2017 04/19/17 | For Rent | $1,875 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $300,000 | Gateway Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,000 | New Conventional | |
| Closed | $250,000 | Credit Line Revolving | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $311,940 | Unknown | |
| Closed | $310,000 | Unknown |
Source: The MLS
MLS Number: 26837981
APN: 5081-020-014
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Ask me questions while you tour the home.