Properties

Los Angeles, CA 90019 1714 3rd

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Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com
  • MLS# PW26063406
  • 03/24/2026
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  • Baths • 1
  • SQFT • 3,310
  • Garage • 4

Home Details

1714 3rd Avenue is a six-unit apartment building in Los Angelesโ€™ Mid City. The property is a well-maintained 1907 construction that boasts a blend of original charm and modern upgrades. All floor plans are one-bed/one-baths that are separately metered for gas and electricity, and select units feature original built-ins, hardwood floors, and decorative fireplaces while some units have been remodeled with newer flooring and modern kitchens and baths. The property also offers four garage spaces in the rear. With current rents approximately 37% below market, this asset presents a compelling value-add opportunity for investors seeking rental upside. Additionally, there may be potential to add four 400-square-foot one-bedroom ADUs (buyer to verify), further enhancing income potential. The absence of on-site laundry presents another opportunity to increase tenant appeal and revenue. 1714 3rd Avenue is in a true Mid City location central to Downtown Los Angeles, Culver City, the Miracle Mile, and all Los Angeles has to offer. The property is a half-block from the brand new โ€œThe Arlingtonโ€ 84-unit mixed use project, less than a half-mile to the 10 Freeway, and conveniently near retail.
Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com

Interior Features for 1714 3rd

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 1714 3rd

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.46
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsNorth of Washington South of Venice Blvd
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income115176
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet5962
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income75032
New ConstructionNo
Number Of Units Total6
Operating Expense36688
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot14
Trash Expense0
Water Sewer Expense0
Year Built1907
Year Built SourceAssessor

Exterior for 1714 3rd

Building Area Total3310
Lot FeaturesRectangular Lot
Lot Size Acres0.1369
Lot Size Area5962
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters0
Private PoolNo
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,375,000
MLS#PW26063406
List Date 03/24/2026
Property Type Multi-Family
Phone 888.795.6274
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