2819 E 3Rd St, Los Angeles, CA 90033
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2819 E 3Rd St Los Angeles, CA 90033

$1,100,000
  • 7 Beds
  • 5 Baths
  • 3,348 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified

Map preview of 2819 E 3Rd St, Los Angeles, CA 90033

Property Overview: 2819 E 3Rd St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,348 living square feet and 6,097 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: Located in Boyle Heights, CA, 2819 E 3rd St offers comfort and convenience in a serene cul-de-sac setting. Zoned LAR2, the property features a generous lot size of 6,095 square feet and a substantial 3,348 square feet of building space. Built in 1969, it includes five units: two spacious 2-bedroom, 1-bathroom residences and three cozy 1-bedroom, 1-bathroom apartments. Its proximity to Evergreen recreational park enhances the lifestyle with easy access to outdoor activities. Ideal for investors seeking stability and proximity to amenities, this property in Boyle Heights is a compelling choice for rental income or portfolio diversification. Possible opportunity to add ADUs to property by taking advantage

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA
Last checked: 2 minutes ago | Last updated: August 28th, 2024 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
6,097
HOA Dues
$0/mo
Year built
1969
Garage
7 Car
Property Type:
Multi Family
Status
Active
MLS#
24420775
City
Los Angeles
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $2,703
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,087
  • Total Rent: $3,262
  • Pro Forma/Market Rent: $5,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3%
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $33,211
  • Gross Operating Income: $72,180
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2819 E 3Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Property Information
  • Has View
  • Total # of Units: 5
  • Parcel Number: 5180013038
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: To reach 2819 E 3rd St, Los Angeles, CA 90023, start by heading towards downtown Los Angeles. From downtown, take the exit onto E 1st St and continue straight. Turn right onto S Central Ave, then take another right onto E 3rd St. Follow E 3rd St and you will find the property on your left.
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Sale History for 2819 E 3Rd St

Last sold for $240,000 on July 23rd, 2001
  • July, 2024

  • Jul 31, 2024

    Date

    Active

    CRMLS: 24420775

    $1,200,000

    Price

  • July, 2001

  • Jul 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

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Tax History for 2819 E 3Rd St

Assessed Value (2020): $324,376
Year Land Value Improved Value Assessed Value
2020 $101,301 $223,075 $324,376

Home Value Compared to the Market

This property vs the competition

2819 E 3Rd St is listed 8.33% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $328.55 per/sqft which puts the price per square foot 57.22% lower than the median price per square foot for the city of Los Angeles.

About 2819 E 3Rd St

Detailed summary of property

2819 E 3Rd St is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 7 bedrooms, 5 bathrooms, roughly 3,348 living square feet, and sits on an approximately 6,097 square foot lot. 2819 E 3Rd St was first listed on ArdentRealEstateGroup.com on July 31, 2024. The homeowner is currently asking $1,100,000 and was originally asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% lower than the median priced home. Local competing homes currently for sale include 505 S Chicago St, 2022 E 2nd St and 548 S Lorena St. While the average home in Los Angeles, CA is selling in 106 days, 2819 E 3Rd St has a days on market of 48 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2819 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 2819 E 3Rd St

Public county record property details
Beds
7
Baths
5
Year built
1969
Sq. Ft.
3,348
Lot Size
6,094
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,11
APN
5180-013-038

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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.