Listed by Carol Oliva, LPT Realty, Inc, (877) 366-2213
3501 E 3rd Pl
Los Angeles, CA 90063
Boyle Heights- 7 Beds
- 3 Baths
- 2,747 sqft
7 Beds
3 Baths
2,747 sqft
Local Information
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Description
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.
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
$437
Listed
119 days ago
Home Details for 3501 E 3rd Pl
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Interior Details Number of Rooms: 1Types of Rooms: Other |
Beds & Baths Number of Bedrooms: 7Main Level Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 5 |
Dimensions and Layout Living Area: 2747 Square Feet |
Appliances & Utilities Laundry: None |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Fireplace & Spa Fireplace: See RemarksHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: On E 3rd Pl |
View Has a View |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 7Number of Covered Spaces: 7Has a GarageNo Attached GarageParking Spaces: 7Parking: Driveway,Gated |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 99Days on Market: 119 |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: ResidentialProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 5179014055 |
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Price List Price: $1,199,699Price Per Sqft: $437 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
School Information High School District: Los Angeles Unified |
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Listing Agent Listing ID: SR26014037 |
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Community Features: Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 5081 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: SR26014037Living Area Range Units: Square FeetAttribution Contact: 818-297-4205Activation Date: Wed Jan 21 2026Common Interest: NoneStart Showing Date: Wed Jan 21 2026Universal Property Id: US-06037-N-5179014055-R-N |
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Street LightsSidewalksSource Internet Entire Listing Display |
Last check for updates: about 2 hours ago
Listing Provided by: Carol Oliva DRE #02077598, (818) 297-4205
LPT Realty, Inc
Originating MLS: California Regional MLS
Price History for 3501 E 3rd Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2026 | $1,199,699 | PriceChange | CRMLS #SR26014037 |
| 03/02/2026 | $1,199,899 | PriceChange | CRMLS #SR26014037 |
| 02/16/2026 | $1,199,999 | PriceChange | CRMLS #SR26014330 |
| 01/24/2026 | $1,999,999 | PriceChange | CRMLS #SR26014330 |
| 01/21/2026 | $1,199,999 | Listed For Sale | CRMLS #SR26014037 |
| 06/28/2022 | $940,000 | Sold | N/A |
| 08/03/2001 | $225,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $12,376 |
| Assessment | $997,534 |
Home facts updated by county records
Comparable Sales for 3501 E 3rd Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $940,000 | 07/10/25 | 9 | 3 | 2,422 | |
0.06 | Multi-Family Home | $965,000 | 12/18/25 | 6 | 4 | 3,490 | |
0.11 | Multi-Family Home | $807,000 | 05/13/26 | 4 | 3 | 2,846 | |
0.21 | Multi-Family Home | $855,000 | 02/06/26 | 5 | 3 | 1,973 | |
0.12 | Multi-Family Home | $920,000 | 05/23/25 | 5 | 2 | 2,008 | |
0.46 | Multi-Family Home | $890,000 | 09/08/25 | 6 | 3 | 2,638 | |
0.38 | Multi-Family Home | $925,000 | 02/27/26 | 7 | 4 | 2,382 | |
0.30 | Multi-Family Home | $820,000 | 05/05/26 | 5 | 3 | 1,692 | |
0.34 | Multi-Family Home | $600,000 | 03/25/26 | 6 | 3 | 2,088 |
Assigned Schools
These are the assigned schools for 3501 E 3rd Pl.
What Locals Say about Boyle Heights
At least 519 Trulia users voted on each feature.
91 % Say there are sidewalks
74 % Say it's dog friendly
72 % Say it's walkable to grocery stores
71 % Say it's walkable to restaurants
68 % Say yards are well-kept
65 % Say there's holiday spirit
64 % Say car is needed
59 % Say kids play outside
53 % Say streets are well-lit
52 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
36 % Say people would walk alone at night
35 % Say there's wildlife
29 % Say it's quiet
26 % Say there are community events
20 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Carol Oliva, LPT Realty, Inc
Agent Phone: (818) 297-4205

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
3501 E 3rd Pl, Los Angeles, CA 90063 is a 7 bedroom, 3 bathroom, 2,747 sqft multi-family built in 1961. 3501 E 3rd Pl is located in Boyle Heights, Los Angeles. This property is currently available for sale and was listed by CRMLS on Jan 21, 2026. The MLS # for this home is MLS# SR26014037.

