LKV Realty
Logo
$1,170,000
$6,000Reward *
3501 E 3rd Place, Los Angeles, CA 90063Listing ID SR26014037

3501 E 3rd Place, Los Angeles, CA 90063

Active
Time on site: 203 daysLast updated: Jun 16, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
7
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,747
Acres
Acres
0.12
Days on Site
Days on Site
201
Cooling
Cooling
Central Air
Year Built
Year Built
1961
Stories
Stories
2
Garages
Garages
7
Parking
Parking
Driveway, Gated

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.

Property Information

Property Details

Location

Address
3501 E 3rd Place
County
Los Angeles
City
Los Angeles
Zip Code
90063
School District
Los Angeles Unified
MLS Area
BOYH - Boyle Heights

Interior Features

Beds and Baths

Bedrooms
7
Main Level Bedrooms
5
Full Bathrooms
3

Building

Building Information

Square Feet
2,747
Year Built
1961
Stories
2

Financial

Special Conditions
Standard
Carol OlivaLPT Realty, Inc, (877) 366-2213

Market Report for 90063

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

SR207069333