11 days on rocket

3412 E 3rd St, Los Angeles, CA, 90063

$1,225,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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3412 E 3rd St, Los Angeles$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Concrete
Year Built1957
HeatingDuctless
CoolingDuctless
MLS #WS24084032
Lot Size0.18 Acres
StatusActive

About 3412 E 3rd St

TURNKEY PROPERTY!!! This is a 5-unit building consisting of a desirable mix of three spacious 2 bed / 1 bath units and two comfy studios with on-property parking for each unit. The property has beautiful interior and exterior renovations recently made and represents pride of ownership. Improvements include but not limited to, Double-Pane Windows, Copper Pipe Plumbing, Split Duct Air Conditioning System, Granite Kitchen and Bathroom Countertops, Tile Bathroom Walls, Tile Flooring for Kitchen and Bathrooms, Vinyl Flooring for Living and Bedrooms, Kitchen Cabinets, New Stoves, New Toilets, Water Heaters, Interior and Exterior Painting. Located near major employment centers in Downtown Los Angeles and has direct access to the iconic Arts District via the historic 4th Street Bridge and recently opened 6th Street Viaduct. This location is well positioned in the gentrifying area of Boyle Heights and offers dominant access to entertainment and food possibilities. For the investor, there is tremendous upside potential in rents with access to the 5, 10, 60, and 101 freeways within minutes. This represents a significant opportunity to maximize income in a high demand area that is constantly improving. PLEASE DO NOT DISTURB TENANTS!!

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2

Listing Office:

  • Office Name: EXP REALTY
  • Office Phone: (626) 320-2382
  • Listing Agent: JIMMY TRAM

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Concrete

Lot Features

Lot Information:

  • Lot: Front Yard, Paved, Rectangular Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

School Info

Assigned Schools Information:

  • School of Communications, New Media and Technology at Roosevelt High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Robert Louis Stevenson Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Belvedere Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Cross Streets: S Lorena Street & 3rd Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000

Tax Information:

  • Annual Amount: $12,735
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3412 E 3rd St vs Los Angeles

11 DAYS ON ROCKET

-23 Days

$1,225,000

+$238.5K More

KEY TAKEAWAY

This property is $238.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24084032

Listing Office:

  • Office Name: EXP REALTY
  • Office Phone: (626) 320-2382
  • Listing Agent: JIMMY TRAM

IDX 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: 5/8/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2019Home Sold
$1,000,000
Apr 17, 2018Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,735$1,010,360
2020$7,731$1,000,000
2019$1,695$585,480
2018$1,625$82,044
2017$1,625$80,436

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8645819
5
/10

  • Belvedere Elementary School

  • 3724 E 1st St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-8645820
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.22 miles

  • Public Magnet Grades KG-6

school-card-donut-8645821
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 22.78 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-8645822
3
/10

  • Robert Louis Stevenson Middle School

  • 725 S Indiana St

  • 0.61 miles

  • Public Magnet Grades 6-8

school-card-donut-8645823
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.37 miles

  • Public District Grades 6-8

High School

school-card-donut-8645824
2
/10

  • School of Communications, New Media and Technology at Roosevelt High School

  • 456 S Mathews St

  • 0.93 miles

  • Public District Grades 9-12

school-card-donut-8645825
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 0.93 miles

  • Public Magnet Grades 9-12

school-card-donut-8645826
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 20.58 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3412 E 3rd St

What is the listing price of this property?

The listing price of 3412 E 3rd St property is $1,225,000.

What type of property is this?

The property 3412 E 3rd St is a condo located in Los Angeles, California, 90063.

Is this property for sale now?

Active Listing: 3412 E 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3412 E 3rd St are:
Belvedere Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Robert Louis Stevenson Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
School of Communications, New Media and Technology at Roosevelt High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,735 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 30, 2019 for $1,000,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 3412 E 3rd St is 1957.

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3412 E 3rd St

This home is located at 3412 E 3rd St in Los Angeles, CA and zip code 90063 in the Boyle Heights neighborhood. This home, which was built in 1957, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $1,225,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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