3501 E 3rd Place, Los Angeles, CA 90063
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3501 E 3rd Place,Los Angeles, CA 90063
$1,199,899
- 7 Beds
- 3 Baths
- 2,747 sq. ft.
- Single family
- Active
Listed by: carol oliva
Office: lpt realty, inc
MLS#:SR26014037
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,199,899
- Price per sq. ft.:$436.8
About this home
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 diligence. Listing agent, broker and seller make no warranties or representation.** Photos have been edited to give buyer's a vision and also to remove personal items....
Contact an agent
Home facts
- Year built:1961
- Listing ID #:SR26014037
- Added:63 day(s) ago
- Updated:March 25, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,747 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Year built:1961
- Building area:2,747 sq. ft.
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,899
- Price per sq. ft.:$436.8
Parking
- Total parking spaces:7
- Parking description:Gated
- Garage spaces:7
New listings near 3501 E 3rd Place
- New
$849,990Active3 beds 2 baths1,201 sq. ft.6947 Sunnybrae Avenue, Winnetka, CA 91306
MLS# SR26064044Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$849,990Active3 beds 2 baths1,201 sq. ft.6947 Sunnybrae Avenue, Winnetka, CA 91306
MLS# SR26064044Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$1,399,000Active4 beds 3 baths1,804 sq. ft.969 Adelante, Los Angeles, CA 90042
MLS# CV26063841Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,495,000Active5 beds 4 baths3,582 sq. ft.10610 Oak Tree Way, Sunland, CA 91040
MLS# GD26062071Listed by: TEAM ROCK PROPERTIES - New
$779,000Active3 beds 3 baths1,598 sq. ft.2046 Mount Shasta Drive, San Pedro, CA 90732
MLS# SB26061169Listed by: COMPASS - New
$893,000Active4 beds 2 baths526 W 2nd, San Pedro, CA 90731
MLS# SB26061273Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - New
$1,399,000Active4 beds 3 baths2,676 sq. ft.5179 Knollwood Way, Woodland Hills, CA 91364
MLS# SR26062940Listed by: RODEO REALTY - New
$975,000Active3 beds 2 baths1,384 sq. ft.17101 Gault, Lake Balboa, CA 91406
MLS# SR26063888Listed by: PARK REGENCY REALTY - New
$700,000Active4 beds 4 baths2,210 sq. ft.7348 De Soto Avenue #108, Canoga Park (los Angeles), CA 91303
MLS# CL26668015Listed by: REDFIN - New
$80,000,000Active3.36 Acres5000 Beethoven, Los Angeles, CA 90066
MLS# CL26668755Listed by: COMPASS