$1,098,000

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

IDX 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.

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7040 3rd Ave, Los Angeles, CA 90043 - living area with wood finished floors, baseboards, healthy amount of natural light, and recessed lighting

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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 BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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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.

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