3412 E. 3rd St., Los Angeles, CA 90063 - WS22211577 - iPro Real Estate

3412 E. 3rd St.
Los Angeles, CA 90063

Active, Multi-Family/Income Sale

For Sale

$1,300,000 $167.20 per sqft

Free Professional CMA

Listing ID : WS22211577

  • Beds

    4
  • Lot Size

    7,775 Sqft

Description

TURNKEY PROPERTY!!! This is a 5-unit building consisting of a desirable mix of three spacious 2 bed / 1 bath units and two comfy studios with on-property parking for each unit. The property has beautiful interior and exterior renovations recently made and represents pride of ownership. Improvements include but not limited to, Double-Pane Windows, Copper Pipe Plumbing, Split Duct Air Conditioning System, Granite Kitchen and Bathroom Countertops, Tile Bathroom Walls, Tile Flooring for Kitchen and Bathrooms, Vinyl Flooring for Living and Bedrooms, Kitchen Cabinets, New Stoves, New Toilets, Water Heaters, Interior and Exterior Painting. Located near major employment centers in Downtown Los Angeles and has direct access to the iconic Arts District via the historic 4th Street Bridge and recently opened 6th Street Viaduct. This location is well positioned in the gentrifying area of Boyle Heights and offers dominant access to entertainment and food possibilities. For the investor, there is tremendous upside potential in rents with access to the 5, 10, 60, and 101 freeways within minutes. This represents a significant opportunity to maximize income in a high demand area that is constantly improving. Please do not disturb tenants.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5179013025
Net Operating Income: $57,294 
Days on Market: 243 
Number of Units: 5 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Public Rec 

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Interactive

34.034489 -118.196053 $1,300,000 WS22211577
3412 E. 3rd St., Los Angeles, CA 90063
Directions to here from:

Area Information 90063

Population:

49,535 -0.13% since 2010
Average Income:
$75,178
Average Age:
33Years
Gender:
50.09%Male
49.91%Female
Households:
12,91046.64% with children
Average Value:
$670,540
Occupancy:
39.02%Owned
60.98%Rented
4.11%Vacant
Education:
23.75%High School
5.17%Associate
9.87%Bachelor
2.81%Graduate
Average Residency:
20Years
Crime Rate:
Average
Annual Rainfall:
15.81Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 14, 2023
Transaction
Active - Residential IncomeWS23042912
Price
$1,300,000
Mortgage Amt & Lender
- -
Date
May 22, 2020
Transaction
Cancelled - Residential LeaseWS20060866
Price
$1,800
Mortgage Amt & Lender
- -
Date
Sep 30, 2019
Transaction
Sold - Residential IncomeMB19081459
Price
$1,000,000
Mortgage Amt & Lender
- -

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Listed by JIMMY TRAM with EXP REALTY