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3501 E 3rdLos Angeles, CA 90063

For Sale

$1,150,000

Smart Buyer Rebate $11,500

Excellent mixed-use for own users and or investment opportunity in the heart of Boyle Heights! This income-producing fourplex features both commercial and residential units, each with its own address, offering flexibility and strong rental appeal. Long-term tenants provide stable income, with the option to deliver the property with or without tenants. Ideal for investors, owner-users looking to live in one unit while generating income from the others, or organizations such as churches, nonprofits, or similar associations seeking a versatile property (buyer to verify all permitted uses with the appropriate authorities). Conveniently located near Downtown Los Angeles, major freeways, shopping, and dining. A rare opportunity to own a flexible, income-producing asset in a high-demand rental market.

Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants.

Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike.

** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES**

CURRENT RENT ROLL:
Main House 326 Velasco Ave 3bed/1 bath $3,000
3501 E 3rd 2bed/1 bath : $1,300
3501 1/2 E Ave 2bed/1bath $1,800
Studio : $900
Annual Income : $7,050
Gross Annual Income; $84,600

**Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**

Listed by Carol Oliva

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License #02077598

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LPT Realty, Inc

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818-297-4205

Listed by George Kpachavi

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License #01839703

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LPT Realty, Inc

Last updated July 17, 2026

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Source: CRMLS #SR26154374

Listing Facts

  • TypeSingle-family
  • NeighborhoodBoyle Heights
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu14
  • Size2,747 sqft
  • Price per sqft$419

Amenities

  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/17/2026
Listed by LPT Realty, Inc
$1,150,000

Property Details for 3501 E 3rd

Association

Amenities

  • Community Features: Curbs, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Mixed Use
  • Year Built: 1961
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,081
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,081
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5179014055

Interior

Measurements

  • Living Area: 2,747
  • Living Area Source: Public Records
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 7

Other

Location

  • Tax Block: F
  • Tax Lot: 22

Parking

Parking

  • Garage Spaces: 7
  • Garage: Yes
  • Parking Total: 7

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 7 bedrooms and 3 bathrooms in this single-family home at 3501 E 3rd.

Does this single-family home have parking?

Yes, there are 7 parking spaces available for 3501 E 3rd.

How does 3501 E 3rd compare to other single-family homes in Boyle Heights?

This single-family home is listed 40% above the average price for single-family homes in Boyle Heights and has been on the market for 69 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,747 sqft.

3501 E 3rd is a 7-bedroom, 3-bath single-family home for sale in Los Angeles CA 90063. On Prevu for 14 days at $1,150,000. This residence features 2,747 square feet of living space, located in Boyle Heights. The median listing price for single-family homes in this area is $770,000. The home offers air conditioning, parking, and swimming pool. Explore more single-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.