Address
3501 E 3rd, Los Angeles, CA
Price
$ 1,149,000
Property Attributes
- MLS#SR26154374
- TypeSingle Family
- Listing Status Active
- CountyLOS ANGELES
- CityLos Angeles
- AreaBeverly Hills Post Office
- Zip90063
- StyleCommercial/Residential
- Year Built1961
- Price$ 1,149,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2747
- Lot Size0.1166 Acres
Data Source:
Crisnet MLS
Property Description
Excellent mixed-use for own users and or investment opportunity in the heart of Boyle Heights! This income-producing fourplex features both commercial and residential units, each with its own address, offering flexibility and strong rental appeal. Long-term tenants provide stable income, with the option to deliver the property with or without tenants. Ideal for investors, owner-users looking to live in one unit while generating income from the others, or organizations such as churches, nonprofits, or similar associations seeking a versatile property (buyer to verify all permitted uses with the appropriate authorities). Conveniently located near Downtown Los Angeles, major freeways, shopping, and dining. A rare opportunity to own a flexible, income-producing asset in a high-demand rental market. Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants. Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike. ** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES** CURRENT RENT ROLL: Main House 326 Velasco Ave 3bed/1 bath $3,000 3501 E 3rd 2bed/1 bath : $1,300 3501 1/2 E Ave 2bed/1bath $1,800 Studio : $900 Annual Income : $7,050 Gross Annual Income; $84,600 **Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**
| Price History | |
|---|---|
| 7/15/2026 | Listed $1,150,000 |
| 8/3/2026 | 1$1,149,999 |
| 9/8/2026 | 1$1,149,000 |
General Features
| Living Area | 2747.00 |
|---|---|
| Sewer | Public Sewer |
| Cooling | Central Air |
| HOA Fee | 0.00 |
| Garage Spaces | 7.00 |
| Pool Features | None |
| Year Built | 1961 |
| View | None |
| Assessments | None |
| Levels | Two |
| Property Subtype | Commercial/Residential |
| Community Features | Curbs,Street Lights,Sidewalks |
| County | Los Angeles |
| Property Type | Residential |
| Full Baths | 3 |
| Directions | Located in Boyle Heights/East Los Angeles From I-10 E.,take Indiana St exit,head N,then turn R onto E 3rd Place |
| City | Los Angeles |
| Co-Listing Agent | George Kpachavi - BRE#01839703 |
| Listing Agent | Carol Oliva - BRE#02077598 |
| Entry Location | Front |
| High School District | Los Angeles Unified |
| Number Of Units Total | 4 |
| MLS Area | C02 - Beverly Hills Post Office |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5081.00 |
| Property Attached Y/N | Yes |
| Attached Structure | Attached |
| Price Per Square Foot | 418.27 |
| Structure Type | Mixed Use |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Lot | 22 |
Interior Features
| Fireplace Features | None |
|---|---|
| Total Stories | 2 |
| Common Walls | 1 Common Wall |
| Air Conditioning Y/N | Yes |
| Laundry Y/N | Yes |
| Laundry Features | Gas & Electric Dryer Hookup |
| Total Bedrooms | 7 |
| Entry Level | 1 |
| Room Type | Main Floor Bedroom |
| Main Level Bedrooms | 7 |
| Main Level Bathrooms | 3 |
| Full + 3/4 Baths | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 3 |
Exterior Features
| Lot Features | Corner Lot,Near Public Transit,Walkstreet |
|---|---|
| Water Source | Public |
| Total Parking | 7.00 |
| Lot Size Area | 5081.0000 |
| Lot Size Acres | 0.1166 |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 90063
Price
Year Built
Visits
Based on information from CRISNet MLS as of September 20, 2026 5:14 PM UTC 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
