#PW25109397, Steven Gray, Listing office: eXp Realty of Greater Los Angeles

2415 E 3rd St Los Angeles, CA 90033
Property details
About 2415 E 3rd St
Massive Reduction from $1.9M to $1.75M! Please note: Project is 90% complete; images are for completion reference only. Discover a premier investment opportunity on 3rd Street, ideally situated just off the I-10 freeway in one of Los Angeles’ most dynamic and rapidly appreciating neighborhoods. This new construction offering features a meticulously designed duplex with one 6-bedroom, 5-bathroom unit, one 5-bedroom, 5-bathroom unit, and one 2-bedroom, 1-bathroom ADU—now priced at an unbeatable $1.75 million. Want more? Pair it with the adjacent parcel (5180004010) for a full six-unit development at $3.5 million. Each unit is individually metered, simplifying management and cutting utility costs for the owner. Outfitted with advanced solar panels and sustainable materials, this property delivers energy-efficient operation and enhanced profitability. Boasting a stellar 7.23% cap rate—one of the highest in LA County for new construction—this asset offers exceptional cash flow and long-term value. Its prime location ensures easy access to Downtown Los Angeles, Santa Monica, and Culver City, surrounded by trendy cafes, top schools, and employment hubs—fueling strong tenant demand and premium rents. The versatile unit mix and high-end finishes attract renters while keeping maintenance low. This turnkey investment is poised for immediate returns and growth in LA’s booming multi-family market. Acquire before the certificate of occupancy, and solar tax credits may apply (consult a tax advisor; seller makes no guarantees). Secure this rare find and capitalize on a high-demand locale with unmatched potential.
Highlights
(Pending)
Summary
- Interior: Multiple Primary Suites
- Fireplace: None
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Driveway, Garage
- Architectural Style: Modern
- Heating: Central
- Cooling: Central Air
- List Price: $1,750,000
- Annual Tax Amount: $8,142
- Tax Year: 2024
- Lot: Level
- Directions: East of Soto St, North of 3rd Street
- Year Built: 2025
- Stories: 3
- Lot Size: 0.1149 Acres
- MLS Number: DW25056403
- MLS Name: CRMLS
- Office Name: Regional Real Estate
- Office Phone: (562) 207-7449
- Listing Agent: Maria Moreno
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/12/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 05, 2022 | Home Sold | $640,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $665,856 | $8,142 |
2023 | $652,800 | $8,020 |
2022 | $343,074 | $4,313 |
2021 | $46,825 | $770 |
2020 | $46,346 | $750 |
2019 | $45,438 | $665 |
2018 | $44,548 | $650 |
2017 | $43,676 | $650 |
History based on county public records data.
Nearby schools
3
Breed Street Elementary School
Public District KG-6
0.2 mi
•2226 E 3rd St
6
1st Street Elementary
Public District PK-6
0.4 mi
•2820 E 1st St
6
2nd Street Elementary School
Public District KG-6
0.4 mi
•1942 E 2nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,313. Residents of Los Angeles, CA typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 2415 E 3rd St
The listing price of 2415 E 3rd St property is $1,750,000.
The property 2415 E 3rd St is a multi located in Los Angeles, California, 90033.
Sale Pending: 2415 E 3rd St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 2415 E 3rd St are: Breed Street Elementary School (GreatSchools Rating 3/10), 1st Street Elementary (GreatSchools Rating 6/10), 2nd Street Elementary School (GreatSchools Rating 6/10), Extera Public (GreatSchools Rating 3/10), Hollenbeck Middle School (GreatSchools Rating 5/10), Kipp los Angeles College Preparatory (GreatSchools Rating 8/10), Theodore Roosevelt High School (GreatSchools Rating 5/10), Math, Science, & Technology Magnet Academy at Roosevelt High School (GreatSchools Rating 8/10), Boyle Heights Continuation (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,142 (source: MLS/based on county public records data).
The last sale was on April 5, 2022 for $640,000 (source: MLS/tax record).
The year of construction for 2415 E 3rd St is 2025.
This home is located at 2415 E 3rd St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $1,750,000.
While more than 282 listings in Los Angeles, CA in June 2025 were sold above asking price, there were more than 108 listings sold at asking price, and more than 339 were sold below. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.