Los Angeles, CA 90063,3501 E 3rd Place
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Los Angeles, CA 90063,3501 E 3rd Place
Los Angeles, CA 90063,3501 E 3rd Place
Los Angeles, CA 90063,3501 E 3rd Place
Los Angeles, CA 90063,3501 E 3rd Place
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Carol Oliva • LPT Realty, Inc
$ 1,199,999
Est. payment /mo
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3501 E 3rd Place Los Angeles, CA 90063

7 Beds

3 Baths

2,747 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,747 sqft

Price per Sqft $436

MLS Listing ID CRSR26014037

Bedrooms 7

Full Baths 3

HOA Y/N No

Year Built 1961

Lot Size 5,081 Sqft

Property Sub-Type Detached

Source Datashare California Regional

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 diligence. Listing agent, broker

Location

State CA

County Los Angeles

Interior

Cooling Central Air

Fireplaces Type See Remarks

Fireplace Yes

Laundry None

Exterior

Garage Spaces 7.0

Pool None

View Other

Private Pool false

Building

Lot Description Corner Lot, Street Light(s)

Story 2

Water Public

Schools

School District Los Angeles Unified

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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