Multi Family In Los Angeles

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.