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$ 735,000
$ 780,000 5.8%
4423 3rd AVE Los Angeles, CA 90043
6,751 Sqft Lot
UPDATED:
Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25080603
Sold Date 06/13/25
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1924
Lot Size 6,751 Sqft
Property Sub-Type Duplex
Property Description
Located on a picturesque palm tree-lined street in the heart of Hyde Park, this duplex is a rare opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom, offering classic Los Angeles charm with strong potential for customization or full renovation.
The lot offers ample space for future expansion, including the possibility of building an Accessory Dwelling Unit (ADU) to generate additional rental income. A long driveway and detached two-car garage provide plenty of parking and storage options.
This property is ideally situated near the Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and just minutes from hotspots like SoFi Stadium, Culver City, and Downtown LA. With infrastructure improvements and revitalization efforts throughout South LA, Hyde Park is quickly becoming one of LA's most dynamic and desirable rental markets. The area's blend of historic character and evolving amenities is attracting a broad and growing tenant base.
Whether you're looking for a buy-and-hold investment, a future development project, or a chance to live in one unit while upgrading the other, this is a property full of promise and potential.
Buyer to conduct their own due diligence. Seller and broker make no guarantees regarding permits, zoning, or development opportunities.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Flooring Carpet, Wood
Fireplaces Type Family Room
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Lawn
Story 1
Entry Level One
Foundation Raised
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 5014028012
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 1.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Probate Listing
Bought with Obie Nwabuzor • Pacific Playa Realty
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