805-677-7300

3220 W 2nd Street, Los Angeles, CA 90004

$1,480,000 Approx. USD 8 beds, 6 baths
7,985 sqft

Save My Notes

MORE INFO

Brochure

Marketed By Goossen / Neale Associates

View Team Members

Photo of Julia Goossen

Marketed By Julia Goossen REALTOR® - Sales Associate 818-730-6879 m
805-677-7300 o
Lic#: 02074790
NRDS ID: 211512971
juliagoossen@bhhscal.com Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
Phone: 805-677-7300
Fax: 805-644-8278

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Julia.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

Saadia 'Sam' Liberow | sam.liberow@marcusmillichap.com
Lic#: 01933858
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2795

Agent Remarks

Offered at approximately $185 per square foot, far below today's replacement cost, this multifamily asset presents a rare opportunity to acquire in the Los Angeles market with a built-in value cushion while still benefiting from meaningful upside. The property features a well-balanced unit mix of two spacious 2-bedroom/2-bath units and four 1-bedroom/1-bath units, appealing to a broad tenant base ranging from small families and roommates to young professionals, supporting both strong retention and consistent demand. Situated on a large corner lot, the asset is comprised of two separate structures, creating a low-density, open layout with abundant natural light, improved airflow, and enhanced curb appeal. One structure includes townhouse-style units, further elevating tenant appeal for those seeking a more private, residential feel. Each unit enjoys its own private exterior entrance, reinforcing the property's home-like atmosphere, while six individual garages at the rear provide highly sought-after secure parking. Operational efficiency is enhanced by separately metered utilities, allowing tenants to cover their own usage and reducing expenses for ownership. With approximately 22% rental upside, investors have a clear path to increase income through strategic renovations, modernized interiors, and improved curb appeal. Complementing these fundamentals, the property showcases classic vintage architecture, including a pitched roof and raised foundation, offering timeless character that can be thoughtfully preserved while upgrading to meet today's rental expectations.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26665803

Price: $1,480,000

Beds: 8

Baths: 6

Built in 1929

7,985 sqft

2 stories

0.20 acres

Lot size: 0.2016

County: Los Angeles

Zoning: LAR3

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: C17 - Mid-Wilshire

Last Updated: 6/10/2026

Days On Market (DOM): 56

Find more Los Angeles homes and real estate

Find more homes in 90004 zip code

This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.070259, -118.285324.
Find nearby listings

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90004 Area Map

Demographics

Schools