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Real Estate/CA/Los Angeles/3501 E 3rd
Interior
For Sale
$1,150,000
Est. $6,440/mo

3501 E 3rd, Los Angeles, CA 90063

bed
7
Bedrooms
bathtub
3
Bathrooms
square_foot
2,747
Square Feet

About this home

Excellent mixed-use for own users and or investment opportunity in the heart of Boyle Heights! This income-producing fourplex features both commercial and residential units, each with its own address, offering flexibility and strong rental appeal. Long-term tenants provide stable income, with the option to deliver the property with or without tenants. Ideal for investors, owner-users looking to live in one unit while generating income from the others, or organizations such as churches, nonprofits, or similar associations seeking a versatile property (buyer to verify all permitted uses with the appropriate authorities). Conveniently located near Downtown Los Angeles, major freeways, shopping, and dining. A rare opportunity to own a flexible, income-producing asset in a high-demand rental market. Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants. Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike. ** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES** CURRENT RENT ROLL: Main House 326 Velasco Ave 3bed/1 bath $3,000 3501 E 3rd 2bed/1 bath : $1,300 3501 1/2 E Ave 2bed/1bath $1,800 Studio : $900 Annual Income : $7,050 Gross Annual Income; $84,600 **Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**

Property Facts

bed

Bedrooms

7

bathtub

Bathrooms

3

square_foot

Square Feet

2,747

landscape

Lot Size

5,081 sqft

calendar_month

Year Built

1961

home_work

Property Type

Mixed Use

timer

Days on Market

0

payments

HOA Fee

N/A

garage

Garage Total

7

fingerprint

MLS #

SR26154374

Interior Details

General Interior

Interior Features

Bedroom On Main Level

Kitchen & Appliances

Laundry

Electric Dryer Hookup, Gas Dryer Hookup

Bed & Bath

Main Level Bedrooms

7

Main Level Bathrooms

3

Climate Control

Cooling

Central Air

Parking

Total Parking Spaces

7

Garage Spaces

7

Exterior & Lot

Lot & Grounds

Lot Features

Corner Lot, Near Public Transit, Walkstreet

Sewer

Public Sewer

Water Source

Public

Community & HOA

Association Info

Community Features

Curbs, Street Lights, Sidewalks

Mortgage Calculator

Total Monthly

$0

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
HOA Fees:
$0
$
$
%

Nearby Schools

RatingSchool NameGradesDistance
No school data available for this area.

Convenience Score

Market Insights

90063|Los Angeles
analytics

Estimated Value

Calculating...
trending_up0%vs. last year
202120222023202420252026

Market Temperature

Seller'sBalancedBuyer's
0d30d60d180d
Balanced

Balanced market

30 Days

Avg. time on market

This is a Balanced Market. Homes are selling at a moderate pace.

flood

Flood & Climate Risk

Flood Risk

Minimal — not in a FEMA flood zone

Low

Wildfire Risk

Moderate — near wildland-urban interface

Moderate

Heat Risk

Low — moderate summer temperatures

Low

Earthquake Risk

Southern California seismic zone

Moderate
volume_up

Noise Levels

TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
streetview

Street View

Open Full Street Viewopen_in_new
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