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3501 E 3rd Place Los Angeles, CA 90063
$1,199,699 7 beds, 3 baths
2, 747 sqft
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Agent Remarks

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.

Listing Details

Property type: Quadruplex (Single Family)
Status: Active
MLS# SR26014037
List price is $1,199,699
HOA Fee is $0.00
Beds: 7
Baths: 3 (3 full)
See Remarks fireplaces
Built in 1961
2,747 sqft
2 stories
0.12 acres
Lot size: 0.1166
County: Los Angeles
Parking description: Driveway,Gated
Lot description: Corner Lot
Heating/cooling: Central Air
MLS area: BOYH - Boyle Heights

Last Updated: 4/30/2026

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.033298, -118.194622.
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Listing Agent: Carol Oliva
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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