3501 E 3rd Place, Los Angeles, CA 90063 (MLS # SR26014330)

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PRICE $1,199,899 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,081 sqft
LOT SIZE 5,080 sqft

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.

DAYS ON MARKET 54 LAST UPDATED 3/1/2026
YEAR BUILT 1961 COMMUNITY BOYH - Boyle Heights
GARAGE SPACES 7.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Feb 15, '26 $1,999,999
Feb 15, '26 - Feb 24, '26 $1,199,999
Feb 24, '26 - Feb 24, '26 $1,199,899
Feb 24, '26 - Mar 1, '26 $1,199,999
Mar 1, '26 - Today $1,199,899


ADDITIONAL DETAILS
AREA BOYH - Boyle Heights
GARAGE Yes
LOT 5079 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 5081
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with LPT Realty, Inc

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 5:36 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2026.