3065 E 6th, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This High-Potential Investment Opportunity is a triplex listed at $680,000, positioned well below the $765,325 Fair Market Value by 11%. This valuation gap provides $85,325 in Instant Equity. With a Condition Rating of 3, the property features recent roof replacements and interior upgrades, ensuring immediate cash flow from three fully occupied, detached units. Its strategic location near major freeways and the Metro Gold Line guarantees high tenant demand. This asset is ideal for Buy-and-Hold Investors or Portfolio Diversifiers seeking stable, income-generating real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3065 E 6th Subject | $680,000* List Price | 0 | 0 | 1,777 | $431 | - |
A 932 S Mott Street Sold | $789,000 | 0 | 0 | 1,660 | $475 | 0.6 mi |
B 1125 Orme Sold | $750,000 | 7 | 4 | 1,828 | $410 | 0.8 mi |
C 657 S Mathews Sold | $698,888 | 0 | 0 | 1,920 | $364 | 0.6 mi |
D 650 S Indiana St Sold | $780,000 | 0 | 0 | 2,035 | $383 | 0.8 mi |
E 3016 Inez Active | $699,888 List Price | 0 | 0 | 1,620 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1904, the property is well-maintained with recent capital improvements including newer roofs on all three units and updated interior finishes such as tile flooring and bathroom upgrades. The units are fully functional, occupied, and move-in ready.
The property features three fully occupied, detached units, providing immediate rental income and reduced owner overhead through separate utility metering for gas and electricity.
Recent upgrades including newer roofs on all three structures and updated interior finishes like tile flooring and bathroom upgrades minimize immediate CAPEX requirements for a new investor.
Strategically located minutes from five major freeways and within walking distance to the Metro Gold Line, ensuring consistently high tenant demand and easy access to Downtown LA.
Originally built in 1904, the property may have underlying aging infrastructure or structural elements that require more frequent maintenance than newer multi-family developments.
With three separate detached structures, the owner is responsible for maintaining multiple rooflines and exterior envelopes, which can increase long-term upkeep costs compared to a single-building triplex.
A well-maintained 3 unit income property ideally positioned in Boyle Heights. The property consists entirely of detached single-story units. A 3 bedroom/1 bath, a 2 bedroom/1 bath, and a 1 bedroom/1 bath, all of which are fully occupied, providing immediate cash flow from day one. Each unit is separately metered for gas and electricity, keeping owner expenses to a minimum, with ownership responsible for water only. Recent improvements include newer roofs on all three structures and updated interior finishes throughout, including tile flooring, fresh paint, and bathroom upgrades. The property's location offers unmatched connectivity for tenants. Situated minutes from the 5, 10, 60, 101, and 710 freeways, commuters have direct access to Downtown Los Angeles, the Arts District, and the greater LA metro area. The property is also a short walk from the Metro L Line (Gold) at the Indiana Station stop, giving tenants transit options beyond the freeway. Nearby parks include Evergreen Playground, Evergreen Recreation Center, and Ramon Garcia Recreation Center, adding lifestyle appeal for families. A solid addition to any investment portfolio in one of East LA's most connected and high-demand markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,777 | 1,719 | 56% |
| Lot Size | 6,683 | 5,592.5 | 69% |
| Price | $680.0K | $735.0K | 25% |
| Price per sq ft | $383 | $409 | 38% |
| Built year | 1904 | 1922 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 131 | 6% |
May 19, 2026
$680,000
Initial Listing
Aug 15, 2017
$505,000
Public Record
Dec 24, 2015
$390,000
Public Record
May 25, 2012
$215,000
Public Record