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3501 E 3rd

Los Angeles, CA 90063
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Bed 7

Bed

Bath 3

Bath

SqFt2,747

Sqft

SqFt5,081

Sqft(Lot)

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 ma rket. 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**

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Detail Ic Property Details

Property Type : Residential

Price : $1,149,999

AD Id : 89044212

MLS Id : SR26154374

Beds : 7

Lot Size : 5,081 Sqft

Living Area Size : 2,747

Year Built : 1961

Garage : 7

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Interior Features

    BedroomOnMainLevel
    Laundry Features: ElectricDryerHookup, GasDryerHookup
  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1961
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5081 Lot Size Acres: 0.1166 Lot Size Source: Assessor Lot Size Square Feet: 5,081 Lot Description: CornerLot,NearPublicTransit,Walkstreet

  • Listing Price Information

    Listing Price: $1149999
    Original Price: $1150000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional, Contract, Exchange1031

  • Tax Information

    Parcel Number: 5179014055 Tax Lot: 22 Tax Block: F

  • Parking Information

    Parking Total: 7

    Garage Information

    Has Garage: Yes Garage Space: 7

  • Location Information

    Direction: Located in Boyle Heights/East Los Angeles From I-10 E., take Indiana St exit, head N, then turn R onto E 3rd Place WaterSource: Public
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1504 Attridge Avenue, Los Angeles, CA, 90063 $695,000 3 3 1,365 1,365 SqFt
3736 City Terrace Drive, Los Angeles, CA, 90063 $789,000 3 3 1,696 1,696 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 08:18

MLS: SR26154374 LISTED BY: Carol Oliva, LPT Realty, Inc 877-366-2213 SOURCE: CRMLS

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