4610 W 3RD Avenue
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Aspire Los Angeles | $949,000 | |
| Listed by Aspire Los Angeles | |||
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Updated bungalow Leimert Park adjacent featuring a fully permitted studio ADU and expansive private backyard. Set along palm-lined streets in one of LA's most iconic and historic neighborhoods, this light-filled home offers a warm living room with a decorative fireplace, a spacious dining area, and an updated kitchen with stainless steel appliances and a breakfast bar island. A bonus room off the dining area is ideal for a home office or creative space. Bedrooms offer comfort and storage, while bathrooms are thoughtfully updated. Enjoy outdoor living with bistro-lit entertaining areas, garden space, fruit trees and room to unwind. The detached studio ADU includes a modern kitchen and bath, ideal for guests or work-from-home flexibility, as well as potential income opportunities. Up to 4 parking spaces are available in the front & side driveways. Additional property upgrades include fully paid solar panels, a newer roof, a recently replaced foundation, central heat and air, and driveway pavers. Central location with easy access to USC, SoFi stadium, and thriving Leimert Park and View Park communities, including local favorites Jon and Vinny's, Ora Cafe, Harun Coffee, Plant Chica, Art + Practice Gallery, and more
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| Apr 19, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by KW Westside Estates | $859,000 | |
| Listed by KW Westside Estates | |||
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Impressive Spanish modern retreat in Leimert Park featuring a separate studio ADU in a tranquil backyard. Upon entering the gated front yard, you are greeted with fruit trees and space to park 4 cars. Passing the inviting porch, the inside reveals a cozy living room filled with light on all sides and a well-appointed fireplace. The dining room is large enough to accommodate a large family size table and group, then off the dining room behind the barn doors is a bonus office or hobby space great for tinker projects at home. Kitchen highlights include a completely reimagined remodel with a high-top breakfast bar island, new stainless steel appliances, and easy access to enjoy the outdoor-indoor space to entertain and dine alfresco. Enjoy the relaxing hotel-like master bedroom with a walk-in closet. The extra bedroom is perfect for guests or kids. The main bathroom is a stunning natural wood wainscoting texture to balance the thoughtfully designed double sink vanity right down to the cabinet pulls. The ADU with a chic well-designed 3/4 bath, full modern kitchen has space to accommodate an office, guest room, and working out. Daydream in the private open-air backyard under the bistro lights and mature grapefruit tree. Tend to a vegetable garden, play fetch with the dogs and hang out around the fire pit with plenty of room to host. Decorative fireplace in the living room. Upgrades include paid solar panels, a new roof, central heating/air, and driveway pavers throughout. Don't miss the opportunity to own this truly unique property in South LA. Several blocks to the Crenshaw Metro stop at Leimert Park Plaza, this house is an oasis in the city.
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About South LA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017