4423 3rd AVE Active

Los Angeles,CA 90043

$ 780000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25080603

Construction Status Fixer,Repairs Major

HOA Y/N No

Year Built 1924

Lot Size 6,751 Sqft

Property Sub-Type Duplex

Property Description

Hyde Park Duplex Fixer with Development Potential and Upside
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

Special Listing Condition Probate Listing

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