$10,000 Closing Credit¹
#IG25041113, Joseph Trujillo, Listing Office: EXP REALTY OF CALIFORNIA INC.
$1,098,000 List price
7040 3rd Ave Los Angeles, CA 90043
$10,000
Closing credit¹
0.1 acres
House
Property details
About 7040 3rd Ave
Discover this beautifully remodeled home in the vibrant heart of Hyde Park, front house 2 bedroom 2 full bathrooms (master bedroom), Open-concept living space with abundant natural light, offering modern upgrades, stylish finishes, brand-new kitchen with stainless steel appliances, spacious bedrooms and elegant bathrooms with sleek finishes, energy efficient windows, updated flooring and fresh paint inside & out, and an incredible income opportunity with a separate brand-new Accessory Dwelling Unit (ADU) ideal for guests, extended family, or passive rental income. Large backyard great for entertaining guests or extra parking. Located close distance to SoFi Stadium, Intuit Dome, Exposition Park, USC campus, Museums, BMO Stadium, LAX, Downtown LA, and MORE !!!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1378 Acres
Year built1924
ParkingDriveway, Private, One Space
MLS #CV25114919
Summary
- Appliances: Dishwasher, Gas Oven, Gas Range
- Flooring Type: Laminate
- Interior: All Bedrooms Down, Main Level Primary, Walk-In Closet(s)
- Fireplace: None
- Private Pool: No
- Parking: Driveway, Private, One Space
- Heating: Central
- Cooling: Central Air
- List Price: $1,098,000
- HOA Amount: $0
- Annual Tax Amount: $9,466
- Tax Year: 2024
- Lot: Front Yard, Landscaped
- Directions: Florence Ave and Van Ness Ave
- Year Built: 1924
- Stories: 1
- Lot Size: 0.1378 Acres
- MLS Number: CV25114919
- MLS Name: CRMLS
- Office Name: RE/MAX MASTERS REALTY
- Office Email: MIGUELGARCIA@REMAX.NET
- Listing Agent: MIGUEL GARCIA
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,098,000
7040 3rd Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 07, 2021 | Home Sold | $670,000 |
| May 05, 2021 | Home Sold | $620,000 |
| Jul 12, 2019 | Home Sold | $455,500 |
| Mar 29, 2004 | Home Sold | $260,000 |
| Oct 31, 2003 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $761,467 | $9,466 |
| 2023 | $697,067 | $9,288 |
| 2022 | $683,400 | $8,298 |
| 2021 | $460,218 | $5,682 |
| 2020 | $455,500 | $1,340 |
| 2019 | $331,372 | $4,081 |
| 2018 | $324,875 | $3,996 |
| 2017 | $318,506 | $3,996 |
History based on county public records data.
Nearby schools
5
Learning by Design Charter
Public Charter KG-5
0.1 mi
•7019 S Van Ness Ave
5
74th Street Elementary School
Public District KG-5
0.3 mi
•2112 W 74th St
4
Young Empowered Scholars Academy
Public District KG-5
0.6 mi
•3140 Hyde Park Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,066. The majority of Los Angeles, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
79%
<35k
10%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
22%
Single, with Kids
16%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
2 days on Rocket
$10,000 Closing Credit¹
#IV25113491, ROY KARIMPOUR, Listing Office: KR HOMES INC
$10,000 Closing Credit¹
#IG24226239, LaSchell Gardner, Listing Office: Realty Masters & Associates
5 days on Rocket
$10,000 Closing Credit¹
#OC25114227, Cindy Hou, Listing Office: Real Broker
$10,000 Closing Credit¹
#DW25106696, Joshua Glaz, Listing Office: The Ave
$10,000 Closing Credit¹
#DW25106788, Joshua Glaz, Listing Office: The Ave
Tour
$10,000 Closing Credit¹
#SB25008486, Rachel Adkins, Listing Office: Redfin Corporation
$10,000 Closing Credit¹
#SR25072459, Ana Soto, Listing Office: GMAX Properties Inc.
$10,000 Closing Credit¹
#SB25043041, Heddly Henriquez, Listing Office: Berkshire Hathaway HSCP
$10,000 Closing Credit¹
#PW24226420, Vilma Battad, Listing Office: Bro N Sis Real Estate Global
Frequently asked questions
About 7040 3rd Ave
The listing price of 7040 3rd Ave property is $1,098,000.
The property 7040 3rd Ave is a house located in Los Angeles, California, 90043.
Active Listing: 7040 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7040 3rd Ave are: Learning by Design Charter (GreatSchools Rating 5/10), 74th Street Elementary School (GreatSchools Rating 5/10), Young Empowered Scholars Academy (GreatSchools Rating 4/10), Alliance Virgil Roberts Leadership Academy (GreatSchools Rating 3/10), Horace Mann UCLA Community School (GreatSchools Rating 4/10), Icef View Park Preparatory Middle School (GreatSchools Rating 5/10), Alliance Renee and Meyer Luskin Academy High School (GreatSchools Rating 4/10), Icef View Park Preparatory High School (GreatSchools Rating 3/10), Animo Inglewood Charter High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $9,466 (source: MLS/based on county public records data).
The last sale was on May 7, 2021 for $670,000 (source: MLS/tax record).
The property at 7040 3rd Ave has 0 bathroom.
The year of construction for 7040 3rd Ave is 1924.
This home is located at 7040 3rd Ave in Los Angeles, CA and zip code 90043 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $1,098,000.
In April 2025, from all listings sold in Los Angeles, CA there were more than 395 sold above asking price, over 328 sold below and more than 148 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 10.2% between March and April 2025. In April 2025 median list price was $896,516 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.