Los Angeles, CA 90063,3501 E 3rd PL
Los Angeles, CA 90063,3501 E 3rd PL
Los Angeles, CA 90063,3501 E 3rd PL
40
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Listed by Carol Oliva • LPT Realty, Inc
$1,999,999
Est. payment /mo
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5,081 Sqft Lot
New

3501 E 3rd PL Los Angeles, CA 90063

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26014330

Year Built 1961

Lot Size 5,081 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

4- Unit Income Property with strong in Place Cash Flow - East Los Angeles (90063). (Residential/Commercial) Well- maintained, freshly painted 4 unit income property offering immediate cash flow and long term upside in a high demand rental area. The property consists of a detached 3bed/1bath, (2 units) 2bed/1bath, and a studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Making it ideal for investors seeking immediate cash flow with minimal vacancy risk and or first time home buyer looking to live in one and profit from the others. All tenants are reported by the seller to be current on rent. Located minutes from DTLA, major freeways, public transportation, employment centers and local amenities. Strong rental demand in the area supports long term appreciation and income growth. **IDEAL FOR BUY AND HOLD INVESTORS, MULTI-GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOME** CURRENT RENT ROLL: - Main House 326 Velasco Ave 3bed/1bath): $3,000 - 3501 E 3rd (2bed/1) $1,350 - 3501 1/2 E Ave (2bed/1bath) $1,800 -Studio $900 Income: Gross Monthly Income: $7,050 Gross Annual Income: $84,600 **Buyer and buyer's agent to independently verify all information and perform their own due diligen

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Laundry None

Exterior

Garage Spaces 7.0

Pool None

Building

Water District - Public

Others

Tax ID 5179014055

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Kipp Iluminar Academy

    Public | KG - 4

  • 10

    Kipp Raices Academy

    Public | KG - 4

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Kipp los Angeles College Preparatory

    Public | 5 - 8

  • 9

    Kipp Sol Academy

    Public | 5 - 8

  • 9

    Brooklyn Avenue School

    Public | KG - 8

  • 9

    Monterey Highlands Elementary School

    Public | KG - 8

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 8

    Brightwood Elementary School

    Public | KG - 8

  • 8

    Robert Hill Lane Elementary School

    Public | KG - 6

  • 6

    Maywood Elementary

    Public | KG - 5

  • 6

    Marianna Avenue Elementary School

    Public | KG - 6

  • 5

    Castelar Elementary School

    Public | KG - 5

  • 5

    Para los Ninos Charter

    Public | KG - 5

  • 5

    Vernon City Elementary School

    Public | KG - 6

  • 5

    Endeavor College Preparatory Charter

    Public | KG - 8

  • 5

    Griffin Avenue Elementary

    Public | KG - 5

  • 5

    Christopher Dena Elementary School

    Public | KG - 6

  • 5

    Sunrise Elementary School

    Public | KG - 6

  • 5

    Extera Public School No. 2

    Public | KG - 5

Middle Schools 11
  • 6

    Aspire Pacific Academy

    Public | 6 - 12

  • 6

    Hollenbeck Middle School

    Public | 6 - 8

  • 5

    Griffith Middle School

    Public | 6 - 8

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 4

    Belvedere Middle School

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 3

    Stevenson Middle School

    Public | 6 - 8

  • 0

    Aspire Ollin University Preparatory Academy

    Public | 7 - 9

  • 0

    Ramona Opportunity High School

    Public | 7 - 12

  • 0

    Kirby, Dorothy Camp

    Public | 7 - 12

  • 0

    East los Angeles Community Day

    Public | 7 - 12

High Schools 20
  • 9

    Francisco Bravo Medical Magnet High School

    Public | 9 - 12

  • 9

    Alliance Marc & Eva Stern Math and Science

    Public | 9 - 12

  • 9

    Alliance Media Arts and Entertainment Design High School

    Public | 9 - 12

  • 8

    Math, Science, & Technology Magnet Academy at Roosevelt High School

    Public | 9 - 12

  • 8

    Los Angeles High School for the Arts

    Public | 9 - 12

  • 7

    Oscar de la Hoya Animo Charter High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 6

    Lincoln High School

    Public | 9 - 12

  • 6

    James A. Garfield Senior High School

    Public | 9 - 12

  • 5

    Boyle Heights STEM High School

    Public | 9 - 12

  • 5

    Leadership in Entertainment and Media Arts (Lema)

    Public | 9 - 12

  • 5

    Esteban Torres High School - Engineering & Technology Academy

    Public | 9 - 12

  • 5

    Esteban Torres High School - East Los Angeles Renaissance Academy

    Public | 9 - 12

  • 5

    East Los Angeles Performing Arts Academy at Esteban E. Torres High School

    Public | 9 - 12

  • 4

    Woodrow Wilson High School

    Public | 9 - 12

  • 4

    Esteban Torres High School - Humanitas Academy of Art & Technology

    Public | 9 - 12

  • 4

    Hilda L. Solis College Prep High School

    Public | 9 - 12

  • 3

    Academy of Environmental & Soc Policy (Esp) at Roosev

    Public | 9 - 12

  • 2

    Felicitas & Gonzalo Mendez High School

    Public | 9 - 12

  • 2

    Theodore Roosevelt High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Madhu Sarkar

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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3501 E 3rd PL