3501 E 3rd, Los Angeles, CA 90063
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3501 E 3rd,Los Angeles, CA 90063
$1,150,000
- 7 Beds
- 3 Baths
- 2,747 sq. ft.
- Single family
- Active
Listed by: carol oliva, george kpachavi
Office: lpt realty, inc877-366-2213
MLS#:SR26154374
Source:CRMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$418.64
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**...
Contact an agent
Home facts
- Year built:1961
- Listing ID #:SR26154374
- Added:9 day(s) ago
- Updated:July 25, 2026 at 10:45 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,747 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1961
- Building area:2,747 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner Lot, Near Public Transit, Walkstreet
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$418.64
Parking
- Total parking spaces:7
- Garage:Yes
- Garage spaces:7
New listings near 3501 E 3rd
- New
$745,000Active4 beds 3 baths1,871 sq. ft.1507 Mission, Los Angeles, CA 90047
MLS# OC26161534Listed by: FIRST TEAM REAL ESTATE - New
$450,000Active2 beds 1 baths859 sq. ft.6275 Canoga #61, Woodland Hills, CA 91367
MLS# SR26157799Listed by: THE ONE LUXURY PROPERTIES - New
$1,050,000Active3 beds 2 baths1,376 sq. ft.14138 Lemay Street, Van Nuys, CA 91405
MLS# SR26162159Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - Open Sun, 1 to 4pmNew
$1,099,900Active4 beds 3 baths2,231 sq. ft.19954 Crystal Hills Lane, Porter Ranch, CA 91326
MLS# SR26162284Listed by: PINNACLE ESTATE PROPERTIES - New
$700,000Active1 beds 1 baths840 sq. ft.8250 Fair, Sun Valley, CA 91352
MLS# SR26162295Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$3,095,000Active3 beds 5 baths18 Sunset, Venice, CA 90291
MLS# SR26162423Listed by: REALTY NETWORK - New
$130,000Active0 Acres3634 E Roberta, Los Angeles, CA 90031
MLS# SR26162507Listed by: DREAM HOME REALTY - New
$1,195,000Active7 beds 5 baths734 W 27th, San Pedro, CA 90731
MLS# PW26161519Listed by: HOME BASE REALTY INC - New
$3,095,000Active-- beds -- baths4,560 sq. ft.18 Sunset, Venice, CA 90291
MLS# SR26162423Listed by: REALTY NETWORK - New
$130,000Active0.11 Acres3630 E Roberta St Street, Los Angeles, CA 90031
MLS# SR26162500Listed by: DREAM HOME REALTY