7,501 Sqft Lot
7,501 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV25175287
HOA Y/N No
Year Built 1921
Lot Size 7,501 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Interior Features Balcony, All Bedrooms Up
Heating Wall Furnace
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Assigned, Concrete, Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Lawn
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5059027018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Lease Land No
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