Price Reduced7
$1,149,000
7 bd · 3 ba · 2,747 sqft
3501 E 3rd, Los Angeles, CA
LPT Realty, Inc · on 2 MLSs
Est. $6,433/mo$300/sqft · 60 days on Realty
8
Beds
4
Baths
3,288
Sqft
1963
Built
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent ($57,214 annual to approximately $105,600 annual. An increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.
Listing record
Choose a source to show its complete, unblended listing record.
Showing California Regional Multiple Listing Service (CRMLS)
California Regional Multiple Listing Service (CRMLS) · Listing WS26189528
Courtesy of Real Brokerage Technologies
Listing agent
BRIAN NGOY
(626) 773-8181
San Diego MLS · Listing WS26189528
Courtesy of Real Brokerage Technologies
Listing agent
BRIAN NGOY
(626) 773-8181
$197,000
Estimated monthly payment
$6,433/mo
Loan amount $788,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
California Regional Multiple Listing Service (CRMLS)
San Diego MLS
The MLS (CLAW)This content last refreshed on 2026-10-27 08:00:04 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced7
$1,149,000
7 bd · 3 ba · 2,747 sqft
3501 E 3rd, Los Angeles, CA
LPT Realty, Inc · on 2 MLSs
Price Reduced10$969,000
9 bd · 3 ba · 2,422 sqft
3445 E 4th St, Los Angeles, CA
Jason Cruz · The Collective Realty · on 2 MLSs
Price Reduced30$750,000
8 bd · 4 ba · 1,820 sqft
1566 Rollins, Los Angeles, CA
PAK Home Realty · on 3 MLSs
Rings at ½ mile and 1 mile. Basemap © OpenMapTiles © OpenStreetMap contributors.
Open the Los Angeles camera map2 speed cameras mapped within ½ mile of this home. Nearest: 0.3 mi northeast.
| Device type | Within ½ mi | Within 1 mi |
|---|---|---|
| Speed cameras | 2 | 2 |
Community-reported via OpenStreetMap; may be incomplete. Data as of . © OpenStreetMap contributors (ODbL)
Speed cameras photograph vehicles over the speed limit for automated tickets.


School ratings (A+ to F) from HJN community data.
Our Lady of Talpa School
PK-8 · Regular
256 students · 21.3:1 student–teacher
Ramona Opportunity High School
7-12 · Alternative/Other · Los Angeles Unified School District
13 students · 6.5:1 student–teacher
Euclid Avenue Elementary School
KG-5 · Regular · Los Angeles Unified School District
578 students · 19.3:1 student–teacher
1st Street Elementary
PK-6 · Regular · Los Angeles Unified School District
349 students · 21.8:1 student–teacher
Collegiate Charter High School of los Angeles
9-12 · Regular · Collegiate Charter High School of Los Angeles District
141 students · 11.4:1 student–teacher
Stevenson Middle School
6-8 · Regular · Los Angeles Unified School District
792 students · 18.6:1 student–teacher
Alliance Morgan Mckinzie High School
9-12 · Regular · Alliance Morgan McKinzie High District
450 students · 18.8:1 student–teacher
Kipp los Angeles College Preparatory
5-8 · Regular · Knowledge is Power Program Los Angeles College Preparatory District
529 students · 26.6:1 student–teacher
Within 2 miles of this home: 36+ restaurants and cafés, 6 grocery stores, 24 parks and green spaces, and 23+ transit stops.
Place data from OpenStreetMap.
Birrieria Nochistlan Zac
Mexican restaurant
Cemitas Poblanas Juquilita
Mexican restaurant · S Lorena St
Pizza Hut
East 1st Street
King Cole Pizza
KFC
South Lorena
Birria Los Socios
Mexican restaurant
Yia Caffe
East 3rd Street
Jack in the Box
East 3rd Street
Vallarta
Food 4 Less
El Super
Superior Grocers
Cesar E Chavez Avenue
Northgate Market
Smart & Final
Evergreen Playground
Morin Memorial Square
Ramon Garcia Recreation Center
Mathews Park
North Mathews Street
Boyle Heights Sports Center Park
Boyle Heights Recreation Center
Ruben F. Salazar Park
Whittier Boulevard
Ross Valencia Community Park
4th & Concord
Montebello
4th & Fresno
4th & Lorena
Lorena & Eagle
1st & Fresno
Lorena & 6th
1st & Lorena