7040 3rd, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 3 bath
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Los Angeles, California 90043
This Remodeled Dual-Living Residence is a High-Potential Investment Opportunity, listed at $919,880, which aligns with its $919,880 Fair Market Value. Boasting an Excellent Condition Rating, the property features a fully updated 2-bedroom main home and a Permitted 2-Bedroom ADU, providing significant rental income potential. Residents benefit from Mountain Views, a Private Patio, and a central location near SoFi Stadium and USC. With access to the 9/10 rated Middle College High School, this asset offers long-term stability. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7040 3rd Subject | $899,900* List Price | 4 | 3 | 1,588 | $567 | - |
A 5414 3rd Active | $1,155,000 List Price | 3 | 3 | 1,637 | $706 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a brand new kitchen with stainless steel appliances, modern bathrooms, and updated flooring throughout. The addition of a fully permitted ADU and the high-quality interior finishes meet the criteria for excellent condition, effectively addressing any physical depreciation associated with its 1924 build year.
MAJOR PRICE IMPROVEMENT!! REMODELED HOME WITH PERMITTED ADU in Vibrant Hyde Park !! Fully remodeled front home consisting of a 2 bedroom and 2 full bathrooms and a fully permitted Accessory Dwelling Unit (ADU) with 2 bedrooms, 1 full bathroom and kitchen. This is a rare opportunity for savvy investors or homeowners seeking significant income potential and flexible living arrangements. Bright, open-concept living space with abundant natural light, modern finishes with brand new kitchen with stainless steel appliances, spacious bedrooms with a fantastic Master suite with a private bathroom. Situated in a central Los Angeles location just minutes away form major hubs and attractions for both owners and renters. Close proximity to SoFi Stadium, Intuit Dome, BMO Stadium, Exposition Park, USC Campus and various museums. Convenient distance to LAX and Downtown LA.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 80% |
| Baths | 3.0 | 0.0 | 80% |
| Square foot | 1,588 | 1,948 | 20% |
| Lot Size | 6,002 | 6,347 | 40% |
| Price | $899.9K | $850.0K | 60% |
| Price per sq ft | $567 | $418 | 80% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 174 | 174 | 60% |
Apr 9, 2026
$899,900
$919,800
-2% Price Drop
Initial Listing
Apr 2, 2026
$919,800
$919,880
+0% Price Increase
Initial Listing
Mar 5, 2026
$919,880
$919,888
+0% Price Increase
Initial Listing
Feb 20, 2026
$919,888
$919,900
+0% Price Increase
Initial Listing
Jan 31, 2026
$919,900
$938,000
-2% Price Drop
Initial Listing
Jan 8, 2026
$938,000
$939,000
+0% Price Increase
Initial Listing
Dec 3, 2025
$939,000
$939,900
+0% Price Increase
Initial Listing
Nov 14, 2025
$939,900
$959,900
-2% Price Drop
Initial Listing
Oct 30, 2025
$959,900
Initial Listing
May 7, 2021
$670,000
Public Record
May 5, 2021
$620,000
Public Record
Jul 12, 2019
$455,500
Public Record
Mar 29, 2004
$260,000
Public Record
Oct 31, 2003
$175,000
Public Record