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3501 3rd Place, Los Angeles, CA 90063
Priced at Only: $1,999,999
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Address: 3501 3rd Place, Los Angeles, CA 90063
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  • MLS#: SR26014330 ( Quadruplex )
  • Street Address: 3501 3rd Place
  • Viewed: 4
  • Price: $1,999,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90063
  • Provided by: LPT Realty, Inc
  • Contact: Carol Carol
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 5081.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Garage Spaces
  1. 7.00
Insurance Expense
  1. 2800.00
Laundry Features
  1. None
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 60600.00
Parcel Number
  1. 5179014055
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455035089:CRM
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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