Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Based on information submitted to CRMLS as of June 10, 2026 10:20 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 1206 3rd Avenue

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Encino

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Listing Tools

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Property Details of 1206 3rd Avenue

Map Location

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Hi there! How can we help you?

Hi there! How can we help you?

Encino