2819 East 3rd Street

Los Angeles, CA 90033

$1,000,000
Price
7
Beds
5
Baths
3,348 Sq. Ft.
$299 / Sq. Ft.
3,348
Sq. Ft.
$299
per Sq. Ft.

Description

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...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
  1. Listed by Michael R. Fukushima • DRE #01380445 • Brokerage DRE #00752861 • Keller Williams Realty Downey
  2. Listed by Stephen F. Watson • DRE #01187813 • Brokerage DRE #00752861 • Keller Williams Realty Downey

Property Details for 2819 East 3rd Street

Water Front
None
Zoning
LAR2
Cross Streets
S Saratoga St
Parcel Number
5180013038
Total Units
5.0
Living Area
3348
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
LISTING UPDATED: 10/29/2024 04:04 PM

Property Details for 2819 East 3rd Street

StatusActive
MLS #24-420775
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.14 AC / 6,097 SF
CountyLos Angeles County

Building Information for 2819 East 3rd Street

Stories2Residences-Year Built1969Building Size-Lot Size0.14 AC / 6,097 SF

Property Information for 2819 East 3rd Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: Yes
  • View Description: Park
  • Security Features: None
  • Property Condition: Fixer, Repair Cosmetic
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $72,180
  • Net Operating Income: $34,411.00
  • Gross Income: $72,180
  • Cap Rate: 3.00%
  • Gross Rent Multiplier: $13.90
  • Owner Pays: Gardener, Water, Electricity, Gas
  • Total Annual Expense: 37769
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.14
  • Lot Size Square Feet: 6097
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 7
  • Covered Parking: 7
  • Garage Spaces Total: 7
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Garbage Disposal, Dishwasher
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Sprinklers: None
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-31-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,352.00
  • Unit Actual Rent: $2,703.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,087.00
  • Unit Actual Rent: $3,262.00
  • Unit Projected Rent: $5,550.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $234,279.00
  • Assessed Improvement Percent: 68.75
  • Assessed Land Value: $106,484.00
  • Assessed Land Percent: 31.25
  • Assessed Total Value: $340,763.00

Property History for 2819 East 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2819 East 3rd Street

Taxable ValueLand$108,613Additions$239,164Total$347,777
Tax Record2024$5,058 ($422 / month)
Home Facts
Total Finished SqFt3,348 SqFtAbove Grade Finished SqFt3,348 SqFtLot Size6,095 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningLAR2CountyLOS ANGELESAPN5180-013-038

Schools near 2819 East 3rd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
First Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2819 East 3rd Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on July 31, 2024 by Keller Williams Realty Downey, it's currently listed at $1,000,000. It has been on the market for a total of 93 days and was last sold on July 23, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include First Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2819 East 3rd Street is a 7-bed, 5-bath, 3,348 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Downey, Michael R. Fukushima, DRE #01380445; Keller Williams Realty Downey, Stephen F. Watson, DRE #01187813

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.