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.
Property Details
Price:
$1,199,999
MLS #:
SR26014037
Status:
Active
Beds:
7
Baths:
3
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
Listed Date:
Jan 21, 2026
Finished Sq Ft:
2,747
Lot Size:
5,081 sqft / 0.12 acres (approx)
Year Built:
1961
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
CA
Laundry Features
NO
Exterior
Community Features
SDW, SL
Parking Spots
7
Financial
Map
Community
- Address3501 E 3rd PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 28, 2026
2,525
Single Family Listed
58
Avg DOM
936
Avg $ / SqFt
$2,140,531
Avg List Price
Property Summary
- 3501 E 3rd PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90063. It is listed for $1,199,999 and features 7 beds, 3 baths, and has approximately 2,747 square feet of living space, and was originally constructed in 1961. The current price per square foot is $437. The average price per square foot for Single Family listings in Los Angeles is $936. The average listing price for Single Family in Los Angeles is $2,140,531.
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