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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Carol Oliva • LPT Realty, Inc

$ 1,999,999

Est. payment -/mo

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3501 E 3rd Place Los Angeles, CA 90063

5,081 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,081 sqft

Price per Sqft $393

MLS Listing ID CRSR26014330

HOA Y/N No

Year Built 1961

Lot Size 5,081 Sqft

Property Sub-Type Quadruplex

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

Fireplace No

Laundry No Hookups

Building

Lot Description Corner Lot

© 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.

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 20

10

Kipp Iluminar Academy

Public | KG - 4
10

Kipp Raices Academy

Public | KG - 4
9

Solano Avenue Elementary School

Public | KG - 6
9

Kipp los Angeles College Preparatory

Public | 5 - 8
9

Kipp Sol Academy

Public | 5 - 8
9

Brooklyn Avenue School

Public | KG - 8
9

Monterey Highlands Elementary School

Public | KG - 8
8

Puc Milagro Charter

Public | KG - 5
8

Brightwood Elementary School

Public | KG - 8
8

Robert Hill Lane Elementary School

Public | KG - 6
6

Maywood Elementary

Public | KG - 5
6

Marianna Avenue Elementary School

Public | KG - 6
5

Castelar Elementary School

Public | KG - 5
5

Para los Ninos Charter

Public | KG - 5
5

Vernon City Elementary School

Public | KG - 6
5

Endeavor College Preparatory Charter

Public | KG - 8
5

Griffin Avenue Elementary

Public | KG - 5
5

Christopher Dena Elementary School

Public | KG - 6
5

Sunrise Elementary School

Public | KG - 6
5

Extera Public School No. 2

Public | KG - 5

Middle Schools 11

6

Aspire Pacific Academy

Public | 6 - 12
6

Hollenbeck Middle School

Public | 6 - 8
5

Griffith Middle School

Public | 6 - 8
4

Puc Excel Charter Academy

Public | 6 - 8
4

Belvedere Middle School

Public | 6 - 8
3

Alliance College-Ready Middle Academy No. 5

Public | 6 - 8
3

Stevenson Middle School

Public | 6 - 8
0

Aspire Ollin University Preparatory Academy

Public | 7 - 9
0

Ramona Opportunity High School

Public | 7 - 12
0

Kirby, Dorothy Camp

Public | 7 - 12
0

East los Angeles Community Day

Public | 7 - 12

High Schools 20

9

Francisco Bravo Medical Magnet High School

Public | 9 - 12
9

Alliance Marc & Eva Stern Math and Science

Public | 9 - 12
9

Alliance Media Arts and Entertainment Design High School

Public | 9 - 12
8

Math, Science, & Technology Magnet Academy at Roosevelt High School

Public | 9 - 12
8

Los Angeles High School for the Arts

Public | 9 - 12
7

Oscar de la Hoya Animo Charter High School

Public | 9 - 12
6

Alliance Susan and Eric Smidt Technology High School

Public | 9 - 12
6

Lincoln High School

Public | 9 - 12
6

James A. Garfield Senior High School

Public | 9 - 12
5

Boyle Heights STEM High School

Public | 9 - 12
5

Leadership in Entertainment and Media Arts (Lema)

Public | 9 - 12
5

Esteban Torres High School - Engineering & Technology Academy

Public | 9 - 12
5

Esteban Torres High School - East Los Angeles Renaissance Academy

Public | 9 - 12
5

East Los Angeles Performing Arts Academy at Esteban E. Torres High School

Public | 9 - 12
4

Woodrow Wilson High School

Public | 9 - 12
4

Esteban Torres High School - Humanitas Academy of Art & Technology

Public | 9 - 12
4

Hilda L. Solis College Prep High School

Public | 9 - 12
3

Academy of Environmental & Soc Policy (Esp) at Roosev

Public | 9 - 12
2

Felicitas & Gonzalo Mendez High School

Public | 9 - 12
2

Theodore Roosevelt High School

Public | 9 - 12

School and business data provided by Attom Data.

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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