$2,650,000
SOLD SEP 30, 2025

4151 3rd Ave Los Angeles, CA 90008

Leimert Park Neighborhood
6 Beds
19 Baths
14,900 Sq Ft
7,785 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

10% Below List Price

23 Days on Market

About This Home

As of September 2025

We are pleased to present this charming 1930s-era apartment building, ideally located just blocks from the vibrant heart of Leimert Park. This meticulously maintained property offers significant potential, with over 22% upside in current rental income.

Last Agent to Sell the Property

Michael Matthias

Keller Williams Beverly Hills License #01489863 Listed on: 06/04/2025

Keller Williams Beverly Hills

Co-Listed By

Eric Shaw Mercier

Xpert Home Realty License #01017647

Last Buyer's Agent

Zac Freehling

Keller Williams Beverly Hills License #01879326

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,785 Sq Ft Lot
  • Lot Dimensions are 60x130

Parking

  • 4 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 14,900 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 19 Bathrooms

Utilities

  • Floor Furnace

Community Details

  • 19 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5023-024-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 14900
  • Lot Acreage: 0.1787
  • Lot Dimensions: 60x130
  • Stories: 3
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 19.00
  • Price Per S Q F T: 197.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 42.08
  • Assessed Improvement Value: 179486
  • Assessed Land Percent: 57.92
  • Assessed Land Value: 247004
  • Total Assessed Value: 426490
  • Assessor Parcel Number: 5023-024-014
  • Lot Size Area: 7785

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.40
  • Number Of Units: 19
  • Rent Control: 100
  • Type Of Units: Apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $2,650,000 -10.2% $178 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $2,950,000 0.0% $198 / Sq Ft
06/04/2025 06/04/25 For Sale $2,950,000 -9.4% $198 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $3,255,000 -7.0% $218 / Sq Ft
03/13/2025 03/13/25 For Sale $3,500,000 -- $235 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michael Matthias

    Keller Williams Beverly Hills

    (310) 995-8658

    1 in this area

    14 Total Sales

    Michael Matthias
    Section Image
  • Eric Shaw Mercier

    Seller Co-Listing Agent in 2025

    Eric Shaw Mercier

    Xpert Home Realty

    (310) 991-4411

    1 in this area

    1 Total Sale

    Eric Shaw Mercier
    Section Image
  • Zac Freehling

    Buyer's Agent in 2025

    Zac Freehling

    Keller Williams Beverly Hills

    (310) 829-3939

    1 in this area

    20 Total Sales

    Zac Freehling
    Section Image
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Map

Source: The MLS

MLS Number: 25511578

The MLS
California Los Angeles County Los Angeles 90008 Leimert Park

4151 3rd Ave, Los Angeles, CA

Sold

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