2510 3rd Avenue, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath
2510 3rd Avenue
Los Angeles, California 90018
Property Price
SUMMARY
Analysis of 2510 3rd Avenue, Los Angeles, California 90018 is currently available with a list price of $1,700,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1921, the property's description explicitly highlights its 'vintage character' and 'endless potential to update or reimagine,' indicating that the interior, particularly the kitchen and bathrooms, are significantly outdated and require substantial renovation. The lack of interior images prevents a detailed assessment, but the text strongly suggests major components need rehabilitation to meet modern living standards. The mention of an 'unfinished bonus unit' further supports the need for extensive work.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment & Income Potential
As a duplex with an ADU opportunity (unfinished bonus unit above garage) and strong rental upside in a growing neighborhood, it's ideal for investors, 1031 exchange, or multi-generational living.
- Prime, Highly Walkable Location
Situated in the vibrant West Adams District on a tree-lined street, boasting a Walk Score of 96 and proximity to major hubs like USC, DTLA, Culver City, and the Expo Line, ensuring continued appreciation.
- Significant Development & Value-Add Potential
The generous 7,500 sq ft LARD2 lot and the existing unfinished bonus unit offer clear pathways for expanding living space, increasing rental income, or potentially further development.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property, built in 1921, explicitly states 'endless potential to update or reimagine' and has an 'unfinished bonus unit,' indicating significant capital investment will be needed for modernization, repairs, and completion of the ADU.
- Potential for Outdated Systems
Given its 1921 construction, the property likely has original or older plumbing, electrical, and HVAC systems, which could lead to unforeseen repair costs and require substantial upgrades to meet modern standards.
- Maintenance Demands of an Older Property
Historic properties often come with higher maintenance requirements and costs compared to newer constructions, including specialized care for vintage elements and ongoing upkeep of an older structure.
About 2510 3rd Avenue
Historic Duplex in Vibrant West Adams – Investor or Owner-User Dream Welcome to 2510 3rd Ave, a stately 1921 duplex nestled in the heart of the West Adams District. Spanning over 3,100 sq ft on a generous 7,500 sq ft LARD2 lot, this classic property features two spacious units totaling 5 beds and 4 baths. With its early 20th-century charm and expansive layout, this is a rare opportunity for both income and lifestyle. Each unit offers large living areas, vintage character, and endless potential to update or reimagine. In addition, there is an unfinished bonus unit above the garage, providing a prime ADU opportunity to expand living space or generate additional rental income. The lot provides a private driveway and sizable lot. Located on a tree-lined street just minutes from USC, DTLA, Culver City, and the Expo Line, this is a highly walkable neighborhood (Walk Score: 96) seeing continued growth and appreciation. With strong rental upside and unfinished bonus unit, this is an excellent play for a savvy investor, 1031 exchange buyer, or multi-generational living setup.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1921
- Lot Size
- 7,502 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Twenty-Fourth Street Elementary School
Grades K-5 • 0.5 mi
Sixth Avenue Elementary School
Grades K-5 • 0.6 mi
Arlington Heights Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,129 | 2,554 | 80% |
| Lot Size | 7,502 | 6,363 | 87% |
| Price | $1.70M | $951.0K | 87% |
| Price per sq ft | $543 | $425 | 80% |
| Built year | 1921 | 1923 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 214 | 229 | 47% |
Pricing History
Listed for Sale
Aug 4, 2025
$1,700,000
Initial Listing