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1235 3rd Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 2 bath

1235 3rd Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,200,000$3,604/sqft
1235 3rd Avenue, Los Angeles, California 90019
5Beds
2Baths
3,604Sqft
8,526Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prestigious Location: Nestled in the heart of the prestigious and established Country Club Park neighborhood, this property offers a highly sought-after address in Los Angeles.
Top Cons:
Extensive Renovation Required: The property is explicitly offered in 'AS IS' condition and described as 'ready to be revitalized' and 'awaiting a thoughtful restoration,' indicating significant capital investment and effort will be needed.

Compared to the nearby listings

Price:$1.20M vs avg $1.14M (+$62,500)61%
Size:3,604 sqft vs avg 2,922 sqft67%
Price/sqft:$333 vs avg $43822%

More Insights

Built in 1922 (104 years old).
Condition: Built in 1922, this property is explicitly offered 'AS IS' and described as 'awaiting a thoughtful restoration,' indicating substantial repairs and rehabilitation are required. The age suggests all major systems (plumbing, electrical, HVAC) and interior components like kitchens and bathrooms are severely outdated and likely require full replacement to meet modern standards. Exterior images show signs of deferred maintenance, further supporting the need for extensive work.
Year Built
1922
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
TR25219927
Home ConditionPoor
Features
View-

About this home

A Stately 1922 Duplex nestled in the heart of the prestigious and established Country Club Park neighborhood, this classic 1922 duplex embodies the charm and grace of a bygone era. With its timeless architecture and commanding presence, the property offers a rare opportunity to own a piece of history ready to be revitalized. This home is comprised of two spacious residences: an elegant two-bedrooms, one-bath upstairs apartment, and a welcoming three-bedroom, one and 3/4 bath apartment on the lower level. Each unit retains the character and propriety of early 20th-century design, awaiting a thoughtful restoration that will highlight its original beauty. The stately entrance to this home is distinguished by two rare Roman columns, creating a dramatic first impression that sets the tone for the elegance within. Beyond, the home’s architectural details whisper stories of its century-long endurance, offering both charm and potential for modern refinement. Set within palm tree-lined streets and distinguished historic homes, this duplex offers, not only a sound investment but also the, chance to restore and preserve a true architectural gem in one of Los Angeles’ most treasured and sought after neighborhoods. Convenient to freeways, shopping and entertainment. OFFERED IN ITS "AS iS" CONDITION.

B
Barbara Verdun-Moore
Listing Agent

Nearby schools

3/10
Arlington Heights Elementary School
Public,•K-5•0.6mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.6mi
7/10
Queen Anne Place Elementary School
Public,•K-5•0.7mi
3/10
Wilton Place Elementary School
Public,•K-5•0.7mi
3/10
Los Angeles Elementary School
Public,•K-5•0.8mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.6mi
5/10
Pio Pico Middle School
Public,•6-8•0.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.6mi
7/10
John Burroughs Middle School
Public,•6-8•1.4mi
4/10
Los Angeles Senior High School
Public,•9-12•0.9mi
4/10
West Adams Preparatory High School
Public,•9-12•1.8mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.3mi
Condition Rating
Poor
Built in 1922, this property is explicitly offered 'AS IS' and described as 'awaiting a thoughtful restoration,' indicating substantial repairs and rehabilitation are required. The age suggests all major systems (plumbing, electrical, HVAC) and interior components like kitchens and bathrooms are severely outdated and likely require full replacement to meet modern standards. Exterior images show signs of deferred maintenance, further supporting the need for extensive work.
Pros & Cons

Pros

Prestigious Location: Nestled in the heart of the prestigious and established Country Club Park neighborhood, this property offers a highly sought-after address in Los Angeles.
Historic Architectural Significance: A stately 1922 duplex boasting timeless architecture, commanding presence, and unique details like rare Roman columns, offering a piece of Los Angeles history.
Income-Generating Duplex: Comprised of two spacious residences (2-bed/1-bath and 3-bed/1.75-bath), this property is classified as 'Residential Income,' providing potential for rental revenue or multi-generational living.
Significant Investment & Restoration Opportunity: Described as a 'rare opportunity to own a piece of history ready to be revitalized' and a 'sound investment,' it offers substantial potential for value appreciation through thoughtful restoration.
Convenient Urban Access: The property is conveniently located with easy access to freeways, shopping, and entertainment, enhancing its appeal for residents.

Cons

Extensive Renovation Required: The property is explicitly offered in 'AS IS' condition and described as 'ready to be revitalized' and 'awaiting a thoughtful restoration,' indicating significant capital investment and effort will be needed.
Age-Related System Updates: Built in 1922, the property likely requires substantial updates to its core systems (plumbing, electrical, HVAC) to meet modern standards, comfort, and safety.
Recent Price Reduction: The listing price was recently reduced from $1.25M to $1.2M, which may suggest initial overpricing or challenges in attracting buyers at the higher price point.
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