$1,199,000
-$6993501 E 3rd Place, Los Angeles CA 90063
Multi-Family (Fourplex)
Property type
132 days
On market
$236
Price per sqft
7 cars
Garage
1961
Year built
5,081 sqft
Lot size
Home highlights
Open Houses
Overview
4- Unit Income Property with strong in Place Cash Flow - East Los Angeles (90063). (Residential/Commercial) 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...
Listing provided by: Carol Oliva DRE #02077598, LPT Realty, Inc
Listing updated: Jun 2, 2026 at 06:49pm.
Last checked: Jun 2, 2026 at 07:30pm
Source: CRMLS #SR26014330
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 7 | 0 | — | $7,050 | $7,050 | $0 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
5.05%
NOI / List Price
Gross Scheduled Income: $84,600
Operating Expense: $24,000
Net Operating Income: $60,600
Annual Operating Expenses
Insurance: $2,800
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 7
Parking Total: 7
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5179014055
Additional Parcels: No
Tax Lot: 22
Tax Block: F
Community
Senior Community: No
Community Features: Curbs, Street Lights
Nearby Schools
Nearby schools around the 3501 E 3rd Place, Los Angeles, CA 90063. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$959,200
Total Interest
$1,223,407
Total Payment
$2,182,607
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,462
per month
Property History for 3501 E 3rd Place
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90063.
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