Property Detail

3501 3rd

Los Angeles CA 90063

$1,150,000

Status: Active

Property Details

Description

Excellent mixed-use for own users and or investment opportunity in the heart of Boyle Heights! This income-producing fourplex features both commercial and residential units, each with its own address, offering flexibility and strong rental appeal. Long-term tenants provide stable income, with the option to deliver the property with or without tenants. Ideal for investors, owner-users looking to live in one unit while generating income from the others, or organizations such as churches, nonprofits, or similar associations seeking a versatile property (buyer to verify all permitted uses with the appropriate authorities). Conveniently located near Downtown Los Angeles, major freeways, shopping, and dining. A rare opportunity to own a flexible, income-producing asset in a high-demand rental market. Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants. Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike. ** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES** CURRENT RENT ROLL: Main House 326 Velasco Ave 3bed/1 bath $3,000 3501 E 3rd 2bed/1 bath : $1,300 3501 1/2 E Ave 2bed/1bath $1,800 Studio : $900 Annual Income : $7,050 Gross Annual Income; $84,600 **Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**

Map Location

Listing provided courtesy of Carol Oliva of LPT Realty, Inc. Last updated 2026-07-17 08:20:51.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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