2306 E 3rd St, Los Angeles, CA 90033
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2306 E 3rd St Los Angeles, CA 90033

$1,099,000
  • 7 Beds
  • 5 Baths
  • 3,465 Sq.Ft.
For Sale
$1,099,000 Get Pre-Qualified

Map preview of 2306 E 3rd St, Los Angeles, CA 90033

Property Overview: 2306 E 3rd St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,465 living square feet and 5,094 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Multi-Unit, 2 Story Duplex and an ADU with excellent Location! Just a few minutes away from Downtown Los Angeles. Don’t miss out on this opportunity. Investors, this property offers a 2-story Duplex that is located in front of the property. Each Unit is a 3 beds/ 2 baths with a laundry room included. The 2nd unit is on the 2nd floor with a balcony. The Rear Unit is a newly developed ADU offering a modern kitchen with new cabinets and quartz countertops. The ADU kitchen will include stainless steel appliances. The 1 bed/1 bath unit comes with laminated flooring throughout the unit. The property has a 2 car garage and shares a long & wide driveway. The duplex is currently occupied by tenants and the ADU is vacant.

Listed by Chris Limon | BRE #01182471 | Century 21 A Better Service
Last checked: 13 minutes ago | Last updated: February 20th, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
5,094
HOA Dues
$0/mo
Year built
1907
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
DW24033522
City
Los Angeles
County
Los Angeles
Time on Site
90 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,380
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $48,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,800
  • Trash: $0
  • Insurance: $2,200
  • Water/Sewer: $3,600

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Property Details for 2306 E 3rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Kitchen, Laundry, Living Room, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Gas & Electric Range, Gas Water Heater, Refrigerator
Interior Features
  • Balcony, Open Floorplan, Quartz Counters, Tile Counters
  • Levels: One, Two
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Has Fence
  • Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5183013011
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between S. Breed St. & S. Soto St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 2306 E 3rd St

Last sold on June 2nd, 2020
  • February, 2024

  • Feb 16, 2024

    Date

    Active

    CRMLS: DW24033522

    $1,099,000

    Price

  • February, 2024

  • Feb 14, 2024

    Date

    Canceled

    CRMLS: DW23199366

    $1,150,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: DW23199366

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Opportunity Investors: Multi-Unit, 2 Story Duplex and an ADU. The 2-story Duplex is located in front. Each Unit is a 3 bedroom with 2 baths and a laundry room. The 2nd unit is in de 2nd floor with a balcony. The Rear-Unit is a Newly Developed ADU, offering a Modern Kitchen with New Cabinets and Quartz Countertops. The Kitchen will include Stainless Steel Appliances. The 1 bedroom & 1 bathroom unit comes with laminated flooring throughout. The property has a 2 cars garage and share long & wide driveway. New paint. The duplex is currently occupied by tenants and the ADU is vacant. The property is located minutes away from Downtown Los Angeles.

  • April, 2021

  • Apr 15, 2021

    Date

    Canceled

    CRMLS: DW20260445

    $749,000

    Price

  • Apr 2, 2021

    Date

    Withdrawn

    CRMLS: DW20260445

    $749,000

    Price

  • Jan 27, 2021

    Date

    Active Under Contract

    CRMLS: DW20260445

    $749,000

    Price

  • Dec 19, 2020

    Date

    Active

    CRMLS: DW20260445

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Boyle Heights Duplex 3 bd 2 bath , 2bd 1 bath , First time on the market in 50 years. Investors special, live in one rent the other. Great location in the Heart of the up and coming gentrification area of Boyle Heights. The main home features original hardwood floors That lead to an original dining room, Foyer entry,sliding pocket doors, remodeled bathrooms, Internal Laundry room with a 2 car garage in rear. Close proximity to shopping , Transportation, Parks and recreation and schools. And the Downtown area just over the newly constructed bridges!!Hurry will not last!!!

  • June, 2020

  • Jun 2, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 31, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2306 E 3rd St

Assessed Value (2020): $40,957
Year Land Value Improved Value Assessed Value
2020 $21,487 $19,470 $40,957

Home Value Compared to the Market

This property vs the competition

2306 E 3rd St is listed 12.01% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $317.17 per/sqft which puts the price per square foot 59.02% lower than the median price per square foot for the city of Los Angeles.

About 2306 E 3rd St

Detailed summary of property

2306 E 3rd St is a triplex located in Los Angeles, CA 90033 and is currently for sale. This triplex offers 7 bedrooms, 5 bathrooms, roughly 3,465 living square feet, and sits on an approximately 5,094 square foot lot. 2306 E 3rd St was first listed on ArdentRealEstateGroup.com on February 17, 2024. The homeowner is currently asking $1,099,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12.01% lower than the median priced home. Local competing homes currently for sale include 2530 Ganahl St, 2814 Wabash Ave and 3333 Whittier Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2306 E 3rd St has a days on market of 70 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2306 E 3rd St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2306 E 3rd St

Public county record property details
Beds
--
Baths
--
Year built
1907
Sq. Ft.
3,074
Lot Size
5,093
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5183-013-011

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.