Well- maintained, freshly painted 4 unit income property offering immediate cash flow and long term upside in a high demand rental area. The property consists of a detached 3bed/1bath, (2 units) 2bed/1bath, and a studio, all current occupied.
All units are separated addressed, enhancing tenant privacy and operational flexibility. Making it ideal for investors seeking immediate cash flow with minimal vacancy risk and or first time home buyer looking to live in one and profit from the others. All tenants are reported by the seller to be current on rent.
Located minutes from DTLA, major freeways, public transportation, employment centers and local amenities. Strong rental demand in the area supports long term appreciation and income growth.
**IDEAL FOR BUY AND HOLD INVESTORS, MULTI-GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOME**
CURRENT RENT ROLL:
– Main House 326 Velasco Ave 3bed/1bath): $3,000
– 3501 E 3rd (2bed/1) $1,350
– 3501 1/2 E Ave (2bed/1bath) $1,800
-Studio $900
Income:
Gross Monthly Income: $7,050
Gross Annual Income: $84,600
**Buyer and buyer’s agent to independently verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation.** Photos have been edited to give buyer’s a vision and also to remove personal items.
Property Details
Schools
Interior
Exterior
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Community
- Address3501 E 3rd PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
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Property Summary
- 3501 E 3rd PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90063. It is listed for $1,199,999 and features 7 beds, 3 baths, and has approximately 2,747 square feet of living space, and was originally constructed in 1961. The current price per square foot is $437. The average price per square foot for Single Family listings in Los Angeles is $520. The average listing price for Single Family in Los Angeles is $1,491,961. To schedule a showing of MLS#sr26014037 at 3501 E 3rd PL in Los Angeles, CA, contact your James Outland agent at 8057482262.
Courtesy of LPT Realty, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. Well- maintained, freshly painted 4 unit income property offering immediate cash flow and long term upside in a high demand rental area. The property consists of a detached 3bed/1bath, (2 units) 2bed/1bath, and a studio, all current occupied.
All units are separated addressed, enhancing tenant privacy and operational flexibility. Making it ideal for investors seeking immediate cash flow with minimal vacancy risk and or first time home buyer looking to live in one and profit from the others. All tenants are reported by the seller to be current on rent.
Located minutes from DTLA, major freeways, public transportation, employment centers and local amenities. Strong rental demand in the area supports long term appreciation and income growth.
**IDEAL FOR BUY AND HOLD INVESTORS, MULTI-GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOME**
CURRENT RENT ROLL:
– Main House 326 Velasco Ave 3bed/1bath): $3,000
– 3501 E 3rd (2bed/1) $1,350
– 3501 1/2 E Ave (2bed/1bath) $1,800
-Studio $900
Income:
Gross Monthly Income: $7,050
Gross Annual Income: $84,600
**Buyer and buyer’s agent to independently verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation.** Photos have been edited to give buyer’s a vision and also to remove personal items.
Property Details
Schools
Interior
Exterior
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Map
Community
- Address3501 E 3rd PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
Similar Listings Nearby
Property Summary
- 3501 E 3rd PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90063. It is listed for $1,999,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in Los Angeles is $520. The average listing price for Single Family in Los Angeles is $1,491,961. To schedule a showing of MLS#sr26014330 at 3501 E 3rd PL in Los Angeles, CA, contact your James Outland agent at 8057482262.










































