- BHGRE®
- California
- Los Angeles
- 3501 3rd Place
3501 3rd Place, Los Angeles, CA 90063
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3501 3rd Place,Los Angeles, CA 90063
$1,999,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: carol oliva
Office: lpt realty, inc
MLS#:SR26014330
Source:CAREIL
Price summary
- Price:$1,999,999
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 diligen
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Home facts
- Year built:1961
- Listing ID #:SR26014330
- Added:5 day(s) ago
- Updated:January 31, 2026 at 05:50 PM
Structure and exterior
- Year built:1961
- Lot area:0.12 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,999,999
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