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For sale
  • Listing Provided by: 

    MIGUEL GARCIA DRE #01256705 MIGUELGARCIA@REMAX.NET,

    RE/MAX MASTERS REALTY

    Price cut: $900 (12/2)
    $939,000

    7040 3rd Ave, Los Angeles, CA 90043

    4beds
    1,588sqft
    : 
    Duplex
    Built in 1924
    6,002 Square Feet Lot
    $940,500 Zestimate®
    $591/sqft
    $-- HOA

    What's special

    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.
    245 days
    |
    157
    |
    6
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 10:20am

    Listing Provided by:

    MIGUEL GARCIA DRE #01256705 MIGUELGARCIA@REMAX.NET,

    RE/MAX MASTERS REALTY

    Source: CRMLS,MLS#: CV25250858MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Rooms
    • Room types: Bedroom, Other, Dining Room
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Remodeled
    Kitchen
    • Features: Remodeled, Updated Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room, Outside, Stacked
    Features
    • Breakfast Area, Separate/Formal Dining Room, All Bedrooms Down
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,588 sqft

    Property

    Parking
    • Parking features: Driveway, Private
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Patio & porch: Covered, Open, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    Lot
    • Size: 6,002 Square Feet
    • Features: Front Yard, Yard
    Details
    • Parcel number: 4008021006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Duplex
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $591/sqft
    • Tax assessed value: $776,696
    • Annual tax amount: $9,594
    • Date on market: 10/30/2025
    • Cumulative days on market: 245 days
    • Listing terms: Cash,Conventional,Contract,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan
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    Estimated market value

    $940,500

    $893,000 - $988,000

    $4,249/mo

    Price history

    Price history
    DateEventPrice
    12/2/2025Price change$939,000-0.1%$591/sqft
    Source: CRMLS #CV25250858 Report a problem
    11/14/2025Price change$939,900-2.1%$592/sqft
    Source: CRMLS #CV25250858 Report a problem
    10/30/2025Listed for sale$959,900-4%$604/sqft
    Source: CRMLS #CV25250858 Report a problem
    10/28/2025Listing removed$999,900-7.2%$630/sqft
    Source: SDMLS #CV25114919 Report a problem
    6/23/2025Listed for sale$1,078,000+9.1%$679/sqft
    Source: SDMLS #CV25114919 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$9,594 +1.4%$776,696 +2%
    2024$9,466 +1.9%$761,467 +9.2%
    2023$9,289 +11.9%$697,067 +2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,748/mo
    Principal & interest
    $4511
    Property taxes
    $908
    Home insurance
    $329

      Climate risks

      Neighborhood: Park Mesa Heights

      Nearby schools

      GreatSchools rating

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