3512-3514 East 7th Street

Los Angeles, CA 90023

$1,290,000
Price
9
Beds
2,592 Sq. Ft.
$498 / Sq. Ft.
2,592
Sq. Ft.
$498
per Sq. Ft.

Description

Amazing 3 UNIT property (Single Family Residence @ 3512) with a (Duplex @ 3514 in rear) in the hot community of Boyle Heights (City of L. A. services). FRONT HOUSE is a 5BR/13/4BA, 2-story Craftsman with 2BR on 1st floor and 3 bedrooms on 2nd floor and built in 1921. Large kitchen w/Quartz countertops and Breakfast Nook, Formal Dining Room, Living Room w/decorative fireplace mantle (not operational). All refinished hardwood floors on 1st floor. New laminate flooring throughout 2nd floor. Laundry...Amazing 3 UNIT property (Single Family Residence @ 3512) with a (Duplex @ 3514 in rear) in the hot community of Boyle Heights (City of L. A. services). FRONT HOUSE is a 5BR/13/4BA, 2-story Craftsman with 2BR on 1st floor and 3 bedrooms on 2nd floor and built in 1921. Large kitchen w/Quartz countertops and Breakfast Nook, Formal Dining Room, Living Room w/decorative fireplace mantle (not operational). All refinished hardwood floors on 1st floor. New laminate flooring throughout 2nd floor. Laundry Room w/washer and dryer connections. All Bathrooms have been fully remodeled w/new tub/shower, sinks, flooring and shower glass. 2nd floor Balcony off one of bedrooms, large basement and storage space with access from hallway door. 1-Car Detached Garage w/automatic door opener w/separate alley access + Carport (2-cars) currently being used as a backyard cover. Mature avocado tree in spacious & private fenced yard. Systems: New Electrical, recessed lighting throughtout, new wall heater, copper plumbing, ABS sewer, and front auto sprinklers. DUPLEX (in rear and accessbile via alley) is 2BR/1BA each and built in 1965 (3514 Apt #1 - 1st floor and 3514 Apt #2 - 2nd floor). Spacious Bedrooms with custom closets, Living Room with lots of windows and sunlight, Kitchen w/Dining Areas in each. 1st flloor unit has its own Laundry Connections and wrap-around Yard space. 2nd floor unit has its own private backyard (behind parking) with large storage shed. Hardwood Floors at Apt. #1 and new laminate flooring in Apt. #2. 2 Parking spaces for back duplex. Entry to units is via alley (to the left of front SFR). 3514 Apt #2 (top floor) has been fully remodeled (Oct 2024) with New Flooring, Recessed Lighting in all rooms, New Bathroom (w/3/4 shower), and fully remodeled Kitchen with new cabinets & quartz countertops 3512 and 3514 Apt 2 are under City of L. A. Rso. Tenants last received rent increase of 4% Feb. 1, 2024. Property will be delivered with current tenants, except for 3514 Apt #2 which will be delivered vacant. Get legal advice as to what your buyer's option are to evict if plan is to occupy. Sellers will not evict, nor give credit for relocation and/or legal costs. Area has had a lot of development recently and good investment for development (Zoned RD1.5)
  1. Listed by John Calvo • DRE #01208146 • Brokerage DRE #01816711 • Lighthouse Realty Associates

Property Details for 3512-3514 East 7th Street

Architectural Style
Craftsman
View
None
Parking Spaces Total
10
Private Pool
No
Total Units
3.0
Lot Size Source
Public Records
Property Attached YN
false
Common Walls
No Common Walls
LISTING UPDATED: 12/04/2024 09:14 PM

Property Details for 3512-3514 East 7th Street

StatusActive
MLS #P1-20109
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1965
Lot Size0.17 AC / 7,531 SF
CountyLos Angeles County

Building Information for 3512-3514 East 7th Street

Stories2Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,531 SF

Property Information for 3512-3514 East 7th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $78,918
  • Gross Scheduled Income: $78,918
  • Net Operating Income: $65,239
Expense Details
  • Operating Expense: $13,679
  • New Taxes Expense: $9,666
  • Licenses Expense: $218
  • Insurance Expense: $1,320
  • Trash Expense: $0
  • Water Sewer Expense: $1,515
  • Total Expenses: $13,679
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 204...
  • Tax Lot: 77
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Water Heater, Gas Water Heater, Gas Range
  • Interior Features: Crown Molding, Quartz Counters, Balcony, Copper Plumbing Partial, Ceiling Fan(s), Recessed Lighting, High Ceilings
  • Room Type: Attic, Main Floor Primary Bedroom, Main Floor Bedroom, Laundry, Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Inside, Gas Dryer Hookup, Washer Hookup, Individual Room
  • Fireplace Features: See Remarks
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace, Natural Gas
  • Flooring: Laminate, See Remarks, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Roof: Composition, Shingle
  • Entry Location: Front House: Living Room
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Foundation Details: Slab, Raised
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Lot 6500-9999, Sprinklers In Front, Park Nearby, Near Public Transit, Level with Street, Yard, Rectangular Lot, Level, Landscaped, Lawn, Front Yard
  • Direction Faces: Northeast
  • Land Lease: No
  • Sprinklers: Yes
  • Road Surface Type: Paved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Uncovered Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Carport, Driveway, Street, Off Street, RV Potential, Garage - Single Door, Garage
Unit Information
Unit 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,540
  • Unit Type Total Rent: $3,540
  • Unit Type Pro Forma: 4500
  • Unit Type Area: 1392
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: SFR (front) @ 3512 E. 7th St.
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $636
  • Unit Type Total Rent: $636
  • Unit Type Pro Forma: 2600
  • Unit Type Area: 600
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Duplex (1st floor) @ 3514 E. 7th St., Unit #1
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Area: 600
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Duplex (2nd floor) @ 3514 E. 7th St., Unit #2 (VACANT)
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 3512-3514 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3512-3514 East 7th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lorena Street Elementary School
PublicK to 5

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.

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3512-3514 East 7th Street is a multi-family home for sale in Los Angeles, CA 90023. This property was listed for sale on December 3, 2024 by Lighthouse Realty Associates, it's currently listed at $1,290,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lorena Street Elementary School, KIPP Los Angeles College Preparatory School and Theodore Roosevelt Senior High. 3512-3514 East 7th Street is a 9-bed, 0-bath, 2,592 sqft multi-family home built in 1965.

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 Lighthouse Realty Associates, John Calvo, DRE #01208146

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.