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3412 E 3rd St Los Angeles, CA, 90063
$1,225,000 Commercial for sale Other
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!!
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Property details
3,024 sqft interior area
Land area
7,775 sqft (0.18 acres)
Days on Verhouse
20
Address
3412 E 3rd St, Los Angeles, CA, 90063
City of California
Los Angeles
County
Los Angeles
Year Built
1957
District
Listing
Nearby major retailers
Costco
T-Mobile
Whole Foods Market
Albertsons
Aldi
Wholesale: 2
Mobile phone: 2
Supermarket: 3
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Interior Features
—
Garage & Parking
Other, Assigned
Listed by
Jimmy Tram, EXP REALTY
Name
Jimmy Tram
License number
02151694
Brokerage company
EXP REALTY
MLS #
CRWS24084032
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Calculate your monthly payments
Mortgage
$3,762
Taxes
$0
HOA dues
$0
Mortgage
$245,000 / 20%
2.28%
30 years
Your amount
$3,762 / month
Lot details
TMK #5179013025
Lot Description
Front Yard, Other, Paved
Parcel nr.
5179013025
90063 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90063
44%
Families with children
National average: 39%
34%
Non family households
426,475
Population
$60,271
Average Income
Age & gender
Median age 34 years
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Commute types
74% commute by car
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Education level
40% have not graduated education
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Number of employees
2% work in education and healthcare
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Vehicles available
34% have 1 vehicle
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Vehicles by gender
34% have 1 vehicle
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Housing market insights for
$821.54k
Neighborhood average
sales price*
sales price*
$730k
Neighborhood median
sales price*
sales price*
259
Number
of sales*
of sales*
Housing type
46% are single detacheds
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Rooms
44% of the houses have 4 or 5 rooms
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Bedrooms
58% have 2 or 3 bedrooms
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Owners vs Renters
72% are renters
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17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 26, 2024 | New Listing | $1,225,000 | 0 | MLS #CRWS24084032 |
| Oct 24, 2023 | Unavailable | $1,225,000 | 0 | MLS #CRWS23042912 |
| Jul 15, 2023 | Price Decrease | $1,225,000 -5.77% | 0 | MLS #CRWS23042912 |
| Mar 14, 2023 | New Listing | $1,300,000 | 0 | MLS #CRWS23042912 |
Taxes of 3412 E 3rd St, Los Angeles, CA, 90063
LAR2 zoning / MLS #CRWS24084032
Zoning
LAR2
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Frequently Asked Questions about 3412 E 3rd St
What is 3412 E 3rd St?
3412 E 3rd St is a Commercial/Industrial propertywith 3,024 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
3412 E 3rd St, Los Angeles, CA, 90063.
What comparable properties are nearby?
Comparable nearby commercial properties include 3403 E 4th St, 3030 E 4th St, 2630 E 1st St, 2500 E 1st St, 320 S Soto St, 2403 1st St.
Based on information from the bridgeMLS as of 05-15-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are El Super, 0.54 miles away and Superior Grocers, 0.66 miles away.
The 90063 zip area has a population of 426,475, and 44% of the families have children. The median age is 34.6 years and 74% commute by car. The most popular housing type is "single detached" and 72% is renter.
