#PW25125494, Bret Lewis, Listing office: Bret Lewis, Broker
#AR25169483·
Listing office: KW Executive·
Listing agent: Matthew Guerra·
Listing office phone: 909-997-9765
$1,299,000 List price
3412 E 3rd St Los Angeles, CA 90063
0.2 acres
Condo
Property details
About 3412 E 3rd St
A 5-unit multifamily offering located in Boyle Heights, one of Los Angeles’ most historically rich and transit-connected neighborhoods. Just minutes from Downtown LA and the Arts District, this asset provides an opportunity for investors seeking both income and future upside. The property features a well-balanced unit mix of (2) studio units and (3) two-bedroom, one-bath units, each individually metered for gas and electricity, reducing owner-paid utilities and simplifying operations. Current rental income is below estimated market levels, presenting potential for increased cash flow through light improvements and lease repositioning (buyer to verify rent control and relocation requirements). Positioned on a ±6,525 SF R2-zoned lot, the site may offer potential for ADU additions, unit expansion, or other zoning-aligned improvements (buyer to conduct their own due diligence with city planning and building departments). Tenants benefit from convenient access to the Metro Gold Line, major freeways (5, 10, 101), and key employment hubs like Downtown LA, USC Medical Center, and Cal State LA. The surrounding area continues to attract public and private investment, contributing to long-term rental demand and neighborhood stability. 3412 E 3rd Street represents a compelling opportunity for investors to acquire a well-located asset with value-add potential in a high-demand Los Angeles submarket.
Highlights
Home typeCondominium
StatusActive
Lot size0.179 Acres
Year built1957
ParkingConcrete, Driveway
MLS #AR25169483
Summary
- Private Pool: No
- Parking: Concrete, Driveway
- List Price: $1,299,000
- HOA Amount: $0
- Annual Tax Amount: $13,754
- Tax Year: 2024
- Directions: “From the 710 Freeway, exit 3rd St and head west. Property is on the left side, just past Gage Ave, between Indiana St and Lorena St
- Year Built: 1957
- Stories: 2
- Lot Size: 0.179 Acres
- MLS Number: AR25169483
- MLS Name: CRMLS
- Office Name: KW Executive
- Office Phone: (909) 997-9765
- Listing Agent: Matthew Guerra
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 9:45:33 PM 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 |
|---|---|---|
| Sep 30, 2019 | Home Sold | $1,000,000 |
| Apr 17, 2018 | Home Sold | $500,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,072,199 | $13,754 |
| 2023 | $1,051,177 | $13,498 |
| 2022 | $1,030,566 | $12,895 |
| 2021 | $1,010,360 | $12,734 |
| 2020 | $1,000,000 | $7,731 |
| 2019 | $585,480 | $1,695 |
| 2018 | $82,044 | $1,624 |
| 2017 | $80,436 | $1,624 |
History based on county public records data.
Nearby schools
6
Kipp Promesa Preparatory
Public Charter KG-4
0.4 mi
•207 S Dacotah St
3
Belvedere Elementary School
Public District KG-5
0.6 mi
•3724 E 1st St
4
Euclid Avenue Elementary School
Public District KG-5
0.6 mi
•806 Euclid Ave
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 $50,000. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
16%
<35k
74%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
32%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3412 E 3rd St
The listing price of 3412 E 3rd St property is $1,299,000.
The property 3412 E 3rd St is a condo located in Los Angeles, California, 90063.
Active Listing: 3412 E 3rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3412 E 3rd St are: Kipp Promesa Preparatory (GreatSchools Rating 6/10), Belvedere Elementary School (GreatSchools Rating 3/10), Euclid Avenue Elementary School (GreatSchools Rating 4/10), Stevenson Middle School (GreatSchools Rating 4/10), Kipp los Angeles College Preparatory (GreatSchools Rating 8/10), Belvedere Middle School (GreatSchools Rating 5/10), Alliance Morgan Mckinzie High School (GreatSchools Rating 6/10), Collegiate Charter High School of los Angeles (GreatSchools Rating 6/10), City of Angels (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $13,754 (source: MLS/based on county public records data).
The last sale was on September 30, 2019 for $1,000,000 (source: MLS/tax record).
The property at 3412 E 3rd St has 0 bathroom.
The year of construction for 3412 E 3rd St is 1957.
This home is located at 3412 E 3rd St in Los Angeles, CA and zip code 90063 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $1,299,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. In June 2025 median list price was $876,067 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.