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$1,199,899
3501 E 3rd, Los Angeles, CA 90063
7Beds
3Baths
2,747Sq Ft
7Parking
1961Built
63Days Listed
About This Property
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 Location
Map
Property Details
- Property Type
- Attached
- Bedrooms
- 7
- Bathrooms
- 3
- Building Area
- 2,747 Sqft
- Living Area
- 2,747 sqft
- Year Built
- 1961
- Stories
- 2.0
- Status
- Active
- Days on Market
- 63
- Cumulative Days on Market
- 41
- Original Price
- $1,199,999
- MLS Number
- SR26014037
Location & Neighborhood
What's nearby 3501 E 3rd, Los Angeles, CA 90063
Nearby Schools
- Ramona Opportunity High School0.2 mi
secondary
- Los Angeles Music and Art School0.2 mi
elementary
- Spanish American Baptist Seminary0.3 mi
elementary
Parks & Recreation
- 0.5 mi
Transit Access
- 3rd Place & Indiana0.1 mi
Bus Stop
- 4th & Lorena0.1 mi
Bus Stop
- Indiana & 3rd Place0.1 mi
Bus Stop
- Indiana & 3rd0.1 mi
Bus Stop
- Lorena & Eagle0.2 mi
Bus Stop
Local Amenities
POI data updated 3/31/2026
Price History
$1,199,899
Mar 2, 2026
↓ $100
-0.0%
Original List Price
$1,199,999
Los Angeles Market Snapshot
2,905
Active Listings
$750K
Median Price
92
Avg Days on Market
Last updated: Mar 2, 2026
Listed by
Carol Oliva, LPT Realty, Inc · 818-297-4205 · MLS# SR26014037
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,199,899