7040 3rd Ave, Los Angeles, CA 90043
Property image
Property image
FOR SALE
Listed by MIGUEL GARCIA, RE/MAX MASTERS REALTY

$849,000

Original price: $869,000
  • 4 Beds
  • 3 Baths
  • 1,588 sqft

7040 3rd Ave, Los Angeles, CA 90043

Park Mesa Heights
Est. Mortgage $5,442/mo*
Get Pre-Qualified

Home Highlights

Single-Family Home
Built in 1924
$535/sqft

Local Information

  • Map ViewExplore the area around 7040 3rd Ave.
  • Schools1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Discover this beautifully remodeled and spacious 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 multi parking. Located close distance to SoFi Stadium, Intuit Dome, Exposition Park, USC campus, Museums, BMO Stadium, LAX, Downtown LA, and MORE !!

Home Details for 7040 3rd Ave

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Bedroom, Other
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 1588 Square Feet
Appliances & Utilities
Laundry: Inside
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Street
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 61Days on Market: 68

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: ResidentialProperty Subtype: DuplexStructure Type: DuplexArchitecture: Duplex
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 4008021006

Price & Status

Price
List Price: $849,000Price Per Sqft: $535

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles
School Information
High School District: Los Angeles Unified

Agent Information

Listing Agent
Listing ID: CV26155023

Community

Community Features: RuralNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 6002 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, Contract, FHA, Freddie Mac, Government Loan, Submit, VA Loan

Miscellaneous

Mls Number: CV26155023Living Area Range Units: Square FeetAttribution Contact: MIGUELGARCIA@REMAX.NETCommon Interest: NoneUniversal Property Id: US-06037-N-4008021006-R-N

Additional Information

RuralSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Park Mesa Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Park Mesa Heights

At least 272 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 82 % Say car is needed

  • 76 % Say it's dog friendly

  • 74 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 55 % Say streets are well-lit

  • 54 % Say it's walkable to grocery stores

  • 50 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say parking is easy

  • 46 % Say it's walkable to restaurants

  • 39 % Say it's quiet

  • 35 % Say there's wildlife

  • 34 % Say people would walk alone at night

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Falon Williams
    "Leimert park village events/community "
    0
    Flag
  • Socalwillis
    "neighborhood where I live is safe, clean the neighboring very friendly. There’s places close by like parts stores very convenient convenient."
    0
    Flag
  • Glendy Ramos
    "There is many families with kids ."
    0
    Flag
  • Brianna Haywood
    "This neighborhood is one of the best neighborhoods I’ve lived in during my 12+ years in LA. Everyone is warm, friendly, and incredibly welcoming. Lots of great food nearby too!"
    1
    Flag
  • Trulia User
    "Don’t live here. Too much traffic. Decreased quality of life. Hard for schools to go to a good school "
    3
    Flag
  • Brianna Haywood
    "Great mix of young families & older people, dog friendly, close to yummy food. My husband & I love it here! "
    3
    Flag
  • Brianna Haywood
    "My husband and I love our neighborhood! We moved in a few months ago & the sense of community is way better than anywhere on the westside. It’s quiet, close to great food, & central to everything LA has to offer. "
    2
    Flag
  • Trulia User
    "This area is not very safe. There are break ins in our cars, also stolen parts. Lots of crime here. "
    5
    Flag
  • Alec
    "the nearby schools aren’t the greatest but LAUSD allows you to send the kids to any other school in the district. many of them provide better education. other than that, there are definitely kids playing in the street and front yards "
    3
    Flag
  • Garrett
    "The area is definitely up and coming and changing everyday. Home prices are increasing a lot and I would say the area is being gentrified due to its location. People walk their dog at night and the area is not really any more dangerous than wealthier areas. "
    6
    Flag
  • Trulia User
    "not safe at all very dangerous area to stay in would not recommend to stay in area with kids currently looking for another place "
    13
    Flag
  • Trulia User
    "I don't live there anymore it's not a very nice neighborhood and the people can be kinda mean. I would like to be in a nicer neighborhood. "
    15
    Flag
  • Trulia User
    "Their kids and families are safe inthis neighborhood. We can take walks exercise walk to the corner store and move freely in this area."
    0
    Flag
  • Trulia User
    "It hasn’t been the best place since covid. It’s actually falling apart and the housing prices are too high "
    5
    Flag
  • Trulia User
    "Most of the families have been here for decades all of the kids grew up together...and the houses are passed down to the children and their children s children"
    0
    Flag
  • Ofohafrances
    "It nice a quite sometimes, even the ice cream truck pass by every day it friendly on April 4 people come outside to celebrate fireworks the is parking and police protection at night time "
    10
    Flag
  • Glendy R.
    "It’s very important for parent’s to know for our kids . Is an okay neighborhood. Go for late walks at night with my dog and on the block and is okay"
    6
    Flag
  • Talunt4life
    "This neighborhood is quiet for the most part. There are families with small kids. Plenty of parking. "
    4
    Flag
  • Tony C.
    "neighborhood crime is a definite problem. That's huge over here right now. Nice neighborhood but the crime and constant gunfire is absolutely insane.."
    9
    Flag
  • Betsy W.
    "I love it. Really pretty too. I walk my dog all the time and love looking at the old architecture. I also love that the train will be close"
    4
    Flag
  • Anonymous
    "There are no community events in the Hyde Park neighborhood. I believe there is a neighborhood council, but I don’t believe they facilitate events. "
    2
    Flag
  • Giselacruz79
    "Is not area safety All the time the police are in these area, Hyde park doesn’t have park safety. The schools is near the area."
    2
    Flag
  • Espinola T.
    "There is nothing special about the neighborhood. They are tearing down houses houses displacing people who live in a those homes."
    1
    Flag
  • Shawn D.
    "I grew up in this house and plan on getting it back. So many fun memories and parties here. The whole block knew my grand parents. Very safe growing up for me guess because i knew and went to school with the homies from around the way. Older community now but its always been home for me. My name still on the concrete lol."
    33
    Flag
  • Wanda P.
    "Nipsey Hussle community shopping center, Slauson & Crenshaw shopping center and the development of transportation train line. Next to Leimert Park area and shopping center and Park."
    1
    Flag
  • Joie B.
    "the neighbors I know are from years ago, when I was a little girl back in 1965. we are on first-name basis our parents are the ones who owned the property. and for the neighbors that we don't know on the first name basis do greet you hello. even strangers that walk by you, say hello, good morning, good evening or good night."
    0
    Flag
  • NGUSNME
    "I love my street. Very friendly neighbors who look out forneach other. Kid ans pet friendly. Nice homes. "
    0
    Flag
  • Mary O.
    "Other home owners also walk their dogs on leash. Sidewalks are everywhere and nice walk up and down small hills. Neighbors are friendly."
    1
    Flag
  • Someggaluz
    "Ladera Park is a large space with lots of walking paths. There are multiple little hills a different levels. Lots of trees. "
    0
    Flag
  • Carissa J.
    "No dog park close around at all, the neighborhood is heavily congested with crime and poverty stricken "
    0
    Flag

Market trends in Los Angeles

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.03M
$7.08KMoM
Sale-to-List Price
99.9%
0.1%MoM
Price per sq ft
$638
$0MoM
Available listings
8438
32MoM

Home Value

Trulia Estimate
$850K
Since last month
Decreased$13K (-1.5%)
Since last year
Decreased$173K (-16.9%)
Since last sale
Increased$180K (+26.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +132% in the last 10 years
MonthEstimated value
2026
September 2026$850K
August 2026$863K
July 2026$875K
June 2026$914K
May 2026$912K
March 2026$909K
February 2026$908K
January 2026$925K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7040 Arlington Ave, Los Angeles, CA
0.11
Single-Family Home
$717,000
05/27/26
3
2
1,785
2429 W 73rd St, Los Angeles, CA
0.10
Single-Family Home
$800,000
09/29/25
3
2
1,236
2228 W 73rd St, Los Angeles, CA
0.16
Single-Family Home
$1,200,000
03/31/26
4
3
2,329
2410 W 70th St, Los Angeles, CA
0.07
Single-Family Home
$845,000
08/28/26
3
2
1,483
6567 5th Ave, Los Angeles, CA
0.32
Single-Family Home
$792,000
02/13/26
3
3
1,507
7007 Haas Ave, Los Angeles, CA
0.20
Single-Family Home
$797,000
08/07/26
2
3
1,396
2401 W 78th St, Inglewood, CA
0.41
Single-Family Home
$680,000
04/23/26
4
3
2,315
6735 Arlington Ave, Los Angeles, CA
0.15
Single-Family Home
$790,000
10/21/25
3
2
1,200
7014 Haas Ave, Los Angeles, CA
0.22
Single-Family Home
$965,000
09/23/25
5
3
2,249

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7028 2nd Ave, Los Angeles, CA 90043
0.06
$794,100
2
1
1,484
Off Market
7047 3rd Ave, Los Angeles, CA 90043
0.03
$884,100
4
3
1,926
Off Market
2422 W Florence Ave, Los Angeles, CA 90043
0.07
$838,800
5
-
1,066
Off Market
2410 W 70th St, Los Angeles, CA 90043
0.07
$845,000
3
2
1,483
Recently Sold
2416 W 70th St, Los Angeles, CA 90043
0.07
$500,000
1
1
720
Recently Sold
2429 W 73rd St, Los Angeles, CA 90043
0.10
$789,500
3
2
1,236
Off Market
7040 Arlington Ave, Los Angeles, CA 90043
0.11
$717,000
3
2
1,785
Recently Sold
6752 2nd Ave, Los Angeles, CA 90043
0.12
$814,600
3
2
1,490
Off Market
2228 W 73rd St, Los Angeles, CA 90043
0.16
$1,200,000
4
3
2,329
Recently Sold
2529 W 73rd St, Los Angeles, CA 90043
0.13
$1,030,000
3
2
2,162
Recently Sold
6751 Arlington Ave, Los Angeles, CA 90043
0.13
$725,000
2
1
922
For Sale

Price and Tax history

DateEventPrice
Sep 16, 2026
Source: CRMLS #CV26155023
PriceChange
$849,000
Price decreased by 2%
Aug 27, 2026
Source: CRMLS #CV26155023
PriceChange
$869,000
Price decreased by 0%
Jul 16, 2026
Source: CRMLS #CV26155023
Listed For Sale
$869,900
Oct 28, 2025
Source: SDMLS #CV25114919
ListingRemoved
$999,900
Jun 23, 2025
Source: SDMLS #CV25114919
Listed For Sale
$1,078,000

LGBTQ Local Legal Protections

MIGUEL GARCIA, RE/MAX MASTERS REALTY
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-21 07:41:22 PDT 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. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 7040 3rd Ave

  • What is the estimated monthly payment for 7040 3rd Ave?
    Based on a $849,000 list price with 20% down at today's rates, the estimated monthly payment for 7040 3rd Ave in Los Angeles, CA is approximately $5,487 (about $4,577 principal & interest, $835 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 7040 3rd Ave compare to homes in Los Angeles?
    7040 3rd Ave in Los Angeles, CA is listed at $849,000, about 17% below the $1.03M median sale price in Los Angeles.
  • What do residents say about the Park Mesa Heights neighborhood?
    Residents describe the Park Mesa Heights neighborhood in Los Angeles, CA as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Park Mesa Heights, Los Angeles.
  • What are the closest schools to 7040 3rd Ave?
    The closest schools to 7040 3rd Ave in Los Angeles, CA are Crenshaw Science, Technology, Engineering, Math And Medicine Magnet (High, rated 3/10), Horace Mann Ucla Community (Middle/High, rated 6/10), Seventy-Fourth Street Elementary School (rated 7/10).
  • Does 7040 3rd Ave have air conditioning?
    Yes, 7040 3rd Ave in Los Angeles, CA has air conditioning.
  • Does 7040 3rd Ave have laundry facilities?
    Yes, 7040 3rd Ave in Los Angeles, CA has laundry facilities.
7040 3rd Ave, Los Angeles, CA 90043 is a 4 bedroom, 3 bathroom, 1,588 sqft single-family home built in 1924. 7040 3rd Ave is located in Park Mesa Heights, Los Angeles. This property is currently available for sale and was listed by CRMLS on Jul 16, 2026. The MLS # for this home is MLS# CV26155023.