
Los Angeles, California 90018
This 1921 duplex represents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned above the $1,373,414 Fair Market Value. While the property requires a comprehensive renovation due to its Condition Rating of 5, the 7,500 sq ft LARD2 lot and 3,129 sq ft structure provide significant density and reconfiguration potential. Located in a high-walkability West Adams neighborhood, this asset is designed for Buy-and-Hold Investors and Contractors capable of executing a full-scale repositioning to maximize long-term rental income and equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2510 3rd Avenue Subject 0 bd · 0 ba · 3,129 sqft · $439 | $1,500,000* List Price | 0 | 0 | 3,129 | $439 | - |
A 2546 S Bronson Active 0 bd · 0 ba · 3,207 sqft · $374 · 0.8 mi | $1,201,000 List Price | 0 | 0 | 3,207 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921 and marketed as a 'full rehab opportunity,' the property requires a complete interior gut and systems upgrade. Images show severely dated and non-functional kitchens and baths, peeling paint, and exposed utility connections, confirming it needs a total renovation rather than minor repairs.
The generous 7,500 sq ft LARD2 lot and 3,100+ sq ft structure, including unfinished space above the garage, offer significant flexibility for reconfiguration or increasing density.
Boasting a Walk Score of 96, the property is situated in the high-growth West Adams neighborhood, providing excellent proximity to USC, DTLA, and the Expo Line.
Original 1920s features like arched doorways and built-in cabinetry offer a unique opportunity to preserve character while maximizing resale value through a high-end restoration.
As a 'ground-up rehab' opportunity, the property requires a full interior gut and systems upgrade, necessitating a buyer with significant liquid capital and construction expertise.
With over 400 days on the market and a previous price reduction, the listing may face perception issues or pricing misalignment relative to the extensive scope of work required.
Historic 1921 Duplex – Full Rehab Opportunity in West Adams 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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,129 | 2,090.331 |
| Lot Size | 7,502 | 5,852.908 |
| Price | $1.50M | $830.9K |
| Price per sq ft | $479 | $394 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 462 | 87 |
Sep 25, 2026
$1,500,000
$1,700,000
-12% Price Drop
Initial Listing
Aug 4, 2025
$1,700,000
Initial Listing