3501 E 3rd Place Los Angeles, CA $ 1,199,999
3501 E 3rd Place
$ 1,199,999
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3501 E 3rd Place

Los Angeles, CA, 90063
$ 1,199,999
Bedrooms7 Baths3.0 Sq 2,747

Monthly Estimate*

$ 7,389

Listed by LPT Realty, Inc
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Multi-Family Home for sale in Los Angeles, CA

for $1,199,999 with 7 bedrooms and 3 full baths. This 2,747 square foot home was built in 1961 on a lot size of 0.1166.

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.

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Multi-Family Active

Price

$ 1,199,999

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1166

Year Built

1961

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26014037

Days on Market

13

Features
General
Living Area 2747
Sewer Public Sewer
Cooling Central Air
HOA Fee 0
Garage Spaces 7
Pool Features None
Year Built 1961
Stories Count 2
Levels Two
Property Subtype Quadruplex
Community Features Street Lights Sidewalks
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Located in Boyle Heights/East Los Angeles. From major freeways take I-10 East exit Indiana St head north then right on E 3rd Pl.
City Los Angeles
Entry Location On E 3rd Pl
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 4
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 5081
Listing Terms Cash Conventional FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Tax Lot 22
Property Sub Type Additional Quadruplex
Expected Active Date 2026-01-21
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Interior
Fireplace Features See Remarks
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N true
Laundry Features None
Total Bedrooms 7
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 5
Total Baths 3
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Exterior
Parking Features Driveway Gated
Lot Features Corner Lot
Water Source Public
Total Parking 7
Lot Size Area 5081
Lot Size Acres 0.1166
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Lpt Realty, Inc

Broker

carolsellshomes378@gmail.com

Email

Affordability Calculator

$7,389
Per Month
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Monthly Principal & Interest
$7,389
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$1,199,999 Listed Price

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3501 E 3rd Place, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,199,999 with 2,747 sqft and a lot size of 0.1166. 3501 E 3rd Place has 7 bedrooms, 3.0 baths, and was built in 1961. The property's zip code is 90063 which is in Los Angeles, CA