2510 3rd Ave Los Angeles, CA 90018
Jefferson Park NeighborhoodEstimated payment $9,632/month
Highlights
- Lawn
- Wall Furnace
- 1-minute walk to Benny H. Potter West Adams Avenues Memorial Park
- Balcony
About This Home
Historic 1921 Duplex – Full Rehab Opportunity in West Adams Welcome to 2510 3rd Ave, a rare ground-up rehab opportunity in the heart of West Adams. This 1921 duplex sits on a generous 7,500 sq ft LARD2 lot and spans over 3,100 sq ft, giving an investor or contractor serious square footage to work with. This is a property for someone who wants to roll up their sleeves and unlock real value, not a turnkey listing. The property offers two units totaling 5 beds and 4 baths, plus an unfinished space above the garage. One unit still carries genuine 1920s character worth preserving: a step-down hallway with a built-in wood banister and cabinetry, arched doorways, and a bathroom with subway tile tub surround and antique medicine cabinet mirror. The bones are here. What it needs now is a full renovation to bring it back and maximize both rental income and resale value. This is a project for a buyer who understands scope, whether that's a full interior gut, systems upgrade, or a complete repositioning of the property to modern rental standards. The scale of the lot and structure gives real flexibility for reconfiguring the layout, finishing out the space above the garage, or converting to a larger income-producing asset. Located on a tree-lined street minutes from USC, DTLA, Culver City, and the Expo Line, in a highly walkable neighborhood (Walk Score: 96) with continued growth and appreciation, this is a rehab play with strong upside for a savvy investor, 1031 exchange buyer, or contractor looking for their next project.
Listing Agent
Harcourts Hunter Mason Realty Brokerage Phone: 310-901-1000 License #01906720 Listed on: 08/04/2025
Co-Listing Agent
Harcourts Hunter Mason Realty Brokerage Phone: 310-901-1000 License #01229263
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 7,502 Sq Ft Lot
- 1 Common Wall
- Lawn
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 3,129 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- All Upper Level Bedrooms
- 5 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Balcony
- Urban Location
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 3833
- Assessor Parcel Number 5059027018
- $512 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,864
- Water Sewer Expense $1,200
- Operating Expense $5,064
- Gross Income $50,640
- Net Operating Income $45,576
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 | $4,752 | $355,371 | $242,701 | $112,670 |
| 2024 | $4,688 | $348,404 | $237,943 | $110,461 |
| 2023 | $4,609 | $341,574 | $233,278 | $108,296 |
| 2022 | $4,412 | $334,877 | $228,704 | $106,173 |
| 2021 | $4,341 | $328,312 | $224,220 | $104,092 |
| 2019 | $4,220 | $318,575 | $217,570 | $101,005 |
| 2018 | $4,072 | $312,329 | $213,304 | $99,025 |
| 2016 | $3,868 | $300,203 | $205,022 | $95,181 |
| 2015 | $3,815 | $295,695 | $201,943 | $93,752 |
| 2014 | $3,842 | $289,904 | $197,988 | $91,916 |
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 |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $1,700,000 | -- | $543 / Sq Ft |
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 | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
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 |
|---|---|---|---|
| Closed | $104,797 | New Conventional | |
| Closed | $160,000 | Fannie Mae Freddie Mac |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV25175287
APN: 5059-027-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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