
Los Angeles, California 90018
Analysis of 2937 10th, Los Angeles, California 90018 is currently available with a list price of $2,690,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This property is in mint condition, featuring a front duplex completely rebuilt from the studs and two brand-new ADUs. It boasts modern kitchens with quartz countertops and stainless steel appliances, updated bathrooms with contemporary gold-tone fixtures, and brand-new systems including 3-ton central HVAC, tankless water heaters, and paid-off solar panels.
The property offers a projected monthly rental income of approximately $16,000, with two brand-new ADUs that are exempt from Rent Stabilization Ordinance (RSO), providing excellent investment flexibility.
This asset features a completely rebuilt front duplex and two newly constructed two-story ADUs, all finished with luxury vinyl flooring, quartz countertops, and stainless steel appliances, ensuring low immediate maintenance.
The property is equipped with paid-off solar systems for the ADUs, tankless water heaters, and high-efficiency central heating and air conditioning systems, significantly reducing utility overhead.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4352, other record living area = 1430. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 4.
Most of the assigned public schools for this address, including the middle and high schools, carry low ratings (2 out of 10), which may deter long-term family tenants.
Housing four large three-bedroom units on a 6,573 square foot lot creates a high-density environment that may limit guest parking and communal outdoor space.
Welcome to 2937-2939 10th Avenue, an exceptional four-unit property located in the highly desirable Jefferson Park neighborhood of Mid-Los Angeles. Offering approximately 4,352 square feet of living space on a 6,573 square foot lot, this rare opportunity combines modern construction, quality finishes, and strong income potential. The property consists of a completely rebuilt and expanded duplex at the front and two newly constructed two-story ADUs at the rear. The front duplex, 2937 and 2939 10th Avenue, has been rebuilt from the studs up and expanded, with each unit offering 3 bedrooms and 3 bathrooms. These residences feature luxury vinyl flooring, oak shaker cabinetry, quartz countertops, high ceilings, fire sprinkler systems, tankless water heaters, washer and dryer hookups, separate gas and electric meters, and 3-ton central heating and air conditioning systems. The kitchens are fully equipped with stainless steel appliances including a stove, dishwasher, microwave, and refrigerator. At the rear of the property are 2937½ and 2939½ 10th Avenue, two brand-new, fully electric ADUs that are not subject to RSO. Each approximately 1,120-square-foot unit offers 3 bedrooms and 3 bathrooms with a highly functional floor plan featuring one bedroom and one full bathroom downstairs and two spacious en-suite bedrooms upstairs. Each ADU also enjoys its own private backyard, creating a rare blend of indoor-outdoor living and added privacy. These beautifully designed homes include luxury vinyl flooring, oak shaker cabinetry, quartz countertops with full-height backsplashes, stainless steel appliance packages, central heating and air conditioning, fire sprinkler systems, separate electric meters, and paid-off solar systems generating approximately 2.35 kW per unit. The property is fully gated and secured, providing privacy and peace of mind for residents. Whether you're looking to occupy one unit and rent the others or maximize returns as a full investment property, this asset offers exceptional flexibility and income potential. Projected rental income can reach up to approximately $16,000 per month. Conveniently located near Downtown Los Angeles, USC, Culver City, public transportation, shopping, dining, and major freeway access, this turnkey property presents a rare opportunity to own a newly rebuilt and newly constructed four-unit compound in one of Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 12.0 | 5.0 |
| Baths | 12.0 | 3.0 |
| Square foot | 4,352 | 2,250 |
| Lot Size | 6,573 | 5,864 |
| Price | $2.69M | $826.7K |
| Price per sq ft | $618 | $395 |
| Built year | 1952 | 1925 |
| HOA | $0 | $0 |
| Days on market | 32 | 83 |
Jun 20, 2026
$2,690,000
Initial Listing
May 1, 2024
$905,000
Public Record