2415 E 3rd Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

2415 E 3rd Street, Los Angeles, California 90033 home-pic-0
ACTIVE$1,900,000
2415 E 3rd Street, Los Angeles, California 90033
0Bed
0Bath
4,736Sqft
5,002Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Rental Income Potential: The property features multiple units (a duplex and an ADU) with diverse configurations, offering substantial rental income potential in a high-demand area.
Top Cons:
Incomplete Construction: The project is only 85% complete, requiring further investment and time to finalize construction and make it fully operational.

Compared to the nearby listings

Price:$1.90M vs avg $740.0K (+$1,160,000)88%
Size:4,736 sqft vs avg 2,178.5 sqft88%
Price/sqft:$401 vs avg $37956%

More Insights

Built in 2025 (0 years old).
Condition: The property is newly built in 2025. The images show modern kitchens and bathrooms with new appliances and fixtures. The overall quality appears to be excellent, with no signs of deferred maintenance.
Year Built
2025
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$401
HOA
-
Days on market
-
Sold On
-
MLS number
SB25047926
Home ConditionExcellent
Features
View-

About this home

**Please note project is 85% complete, pictures are for completion reference only** Welcome to your next best investment opportunity in one of Los Angeles’ fastest-growing neighborhoods. This newly constructed multi-family property, located on 3rd Street just off the I-10 freeway, offers incredible rental income potential and long-term appreciation. Comprising of a duplex and ADU, this property includes: One 6-bedroom, 5-bathroom unit One 5-bedroom, 5-bathroom unit One 2-bedroom, 1-bathroom ADU With a total of 3 units on a prime lot, the earning potential is substantial. Each unit is separately metered, minimizing your utility expenses and simplifying tenant management. Additionally, the property features energy-efficient upgrades, including solar panels, ensuring lower operational costs and increasing your net returns. Located within a designated Opportunity Zone, this investment offers significant tax advantages that can enhance your cash flow and overall ROI. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a high-demand, low-maintenance property, this is an opportunity you won't want to miss. Why Invest? Prime Location near the I-10 freeway for easy access to all of LA Energy-efficient design with solar panels for cost savings Opportunity Zone status providing valuable tax benefits High rental income potential from multiple units with diverse configurations Separate metering for minimal landlord utility responsibility This is the perfect chance to secure a high-performing asset in one of LA’s most promising and rapidly developing markets. Don’t wait—add this exceptional property to your investment portfolio today and position yourself for success in Los Angeles' thriving real estate landscape. *This property can be sold together with the following address 2419 E 3rd Street, Los Angeles for a total of 3.8m for both lots* Identical developments on separate lots. Contact Listing Agent for more information or to show!

Price History

Date
Event
Price
04/05/22
Sold
$640,000
Condition Rating
Excellent

The property is newly built in 2025. The images show modern kitchens and bathrooms with new appliances and fixtures. The overall quality appears to be excellent, with no signs of deferred maintenance.
Pros & Cons

Pros

High Rental Income Potential: The property features multiple units (a duplex and an ADU) with diverse configurations, offering substantial rental income potential in a high-demand area.
Energy Efficiency: The property includes energy-efficient upgrades such as solar panels, which can significantly lower operational costs and increase net returns.
Opportunity Zone: Located within a designated Opportunity Zone, this investment offers significant tax advantages that can enhance cash flow and overall ROI.

Cons

Incomplete Construction: The project is only 85% complete, requiring further investment and time to finalize construction and make it fully operational.
Construction Risk: As a newly constructed property, there may be unforeseen construction-related issues or delays that could impact the timeline and budget.

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