Skip To Content

3501 E 3rd Place

Los Angeles (City), CA 90063
  • $991,800
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • ID#: CV22049933
Under Contract
UPDATED: 33 min ago
$991,800
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): H. Henry Gallego of Re/Max Top Producers (909-590-8853)


Description

PERFECT SETTING FOR OWNER/LANDLORD....This property consists of 3 units and one house on same lot. 3501 is a downstairs unit with 2 Bd and 1 Bath; 3501 1/2 is also a 2 Bd and 1 Bath; 3503 is converted to a studio with it's own kitchen, bathroom and separate sleeping area; it can also be converted back into an office since it is zoned as Office/Commercial/Residential. Around the corner, on the same lot, there is a standalone 3 Bd and 1 Bath house; the address is 326 S. Velasco St. This property is located one block from the DTLA and Gold Line system; 5 minutes from KECK Hospital; 10 minutes from downtown Los Angeles and two blocks from Freeways 60, 101, 5, 10, 110 and 710. It is close to parks, grocery stores, and local eateries; it is a very desirable location for tenants. Buyer will have to perform its due diligence, investigate property thoroughly and accept the property with its current rents, tenants. Subject to inspection.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T14:35:12.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/126691929
Print Image

3501 E 3rd Place Los Angeles (City), CA 90063

  • Price: $991,800
  • Status: Active Under Contract
  • On Site: 107 Days
  • Updated: 33 min ago
  • ID#: CV22049933
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1961
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
PERFECT SETTING FOR OWNER/LANDLORD....This property consists of 3 units and one house on same lot. 3501 is a downstairs unit with 2 Bd and 1 Bath; 3501 1/2 is also a 2 Bd and 1 Bath; 3503 is converted to a studio with it's own kitchen, bathroom and separate sleeping area; it can also be converted back into an office since it is zoned as Office/Commercial/Residential. Around the corner, on the same lot, there is a standalone 3 Bd and 1 Bath house; the address is 326 S. Velasco St. This property is located one block from the DTLA and Gold Line system; 5 minutes from KECK Hospital; 10 minutes from downtown Los Angeles and two blocks from Freeways 60, 101, 5, 10, 110 and 710. It is close to parks, grocery stores, and local eateries; it is a very desirable location for tenants. Buyer will have to perform its due diligence, investigate property thoroughly and accept the property with its current rents, tenants. Subject to inspection.
Exterior Features

Architectural Style Contemporary Carport Spaces 0 Construction Materials Drywall Exterior Features Tv Antenna Fencing Wrought Iron Foundation Details Slab Lot Features 0-1 Unit/AcreCorner LotNo Landscaping Number Of Separate Electric Meters 4 Open Parking Spaces 0 Other Structures Guest House Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas Water Heater Common Walls No Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features ElectricGasKitchen Fireplace YN Yes Flooring See Remarks Heating See Remarks Heating YN Yes Window Features Screens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Contingency All Units Are Tenant Occupied And Sale is Subject To interior inspection. Please Do Not Disturb Tenants. Drive By Only. IT Will Be Shown By Appointment Only!!! Call Listing Agent. Thank You. Current Financing Conventional Disclosures Rent Control Electric Electricity - On Property Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 56055 Gross Scheduled Income 56055 Insurance Expense 0 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 35274 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20781 Possession Close Of Escrow Property Condition Repairs Major Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 4160.09 Tax Year 2021 Tenant Pays Cable TvElectricityGasTrash CollectionWater Total Actual Rent 56055 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T14:35:12.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368319813-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368319813-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368319813-1.jpg
Logo
Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): H. Henry Gallego of Re/Max Top Producers (909-590-8853)