3512 3514 E 7th Street, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath

3512 3514 E 7th Street, Los Angeles, California 90023 home-pic-0
ACTIVE$1,075,000
3512 3514 E 7th Street, Los Angeles, California 90023
0Bed
0Bath
2,592Sqft
7,531Lot
Year Built
1965
Close
-
List price
$1.07M
Original List price
$1.18M
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24537
Home ConditionGood
Features
Good View: None
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.07M(85th), sqft - 2592(69th), beds - undefined(50th), baths - undefined(50th).

$100k Price Reduction for 2026! Motivated Sellers. Amazing Remodeled 3-UNIT property (Single Family Residence @ 3512) with a (separate Duplex @ 3514 in rear) in the hot community of Boyle Heights (City of L.A. services). *** FRONT HOUSE is a 5BR/13/4BA, 2-story Craftsman with 2BR on 1st floor and 3 bedrooms on 2nd floor and built in 1921. Large kitchen w/Quartz countertops and Breakfast Nook, Formal Dining Room, Living Room w/decorative fireplace mantle (not operational). All refinished hardwood floors on 1st floor. New laminate flooring throughout 2nd floor. Laundry Room w/washer and dryer connections. All Bathrooms have been fully remodeled w/new tub/shower, sinks, flooring and shower glass. 2nd floor Balcony off one of bedrooms, large basement and storage space with access from hallway door. 1-Car Detached Garage w/automatic door opener w/separate alley access + Carport (2-cars) currently being used as a backyard cover. Mature avocado tree in spacious & private fenced yard. Systems: New Electrical, recessed lighting throughtout, new wall heater, copper plumbing, ABS sewer, and front auto sprinklers. *** DUPLEX (in rear and accessbile via alley) is 2BR/1BA each and built in 1965 (3514 Apt #1 - 1st floor and 3514 Apt #2 - 2nd floor). Spacious Bedrooms with custom closets, Living Room with lots of windows and sunlight, Kitchen w/Dining Areas in each. 1st flloor unit has its own Laundry Connections and wrap-around Yard space. 2nd floor unit has its own private backyard (behind parking) with large storage shed. Hardwood Floors at Apt. #1 and new laminate flooring in Apt. #2. 2 Parking spaces for back duplex. Entry to units is via alley (to the left of front SFR). 3514 Apt #2 (top floor) has been fully remodeled (Oct 2024) with New Flooring, Recessed Lighting in all rooms, New Bathroom (w/3/4 shower), and fully remodeled Kitchen with new cabinets & quartz countertops *** 3512 and 3514 Apt 2 are under City of L.A. RSO. Tenants last received rent increase of 4% on Feb. 1, 2025. Property will be delivered with current tenants, except for 3514 Apt #2 which will be delivered vacant. Get legal advice as to what your buyer's option are to evict if plan is to occupy. Sellers will not evict, nor give credit for relocation and/or legal costs. Area has had a lot of development recently and good investment for development (Zoned RD1.5)

Price History

Date
Event
Price
12/18/25
Price Change
$1,075,000-8.5%
10/14/25
Listing
$1,175,000
01/17/18
Sold
$525,000
Condition Rating
Good

This triplex property features significant recent renovations across its units. One duplex unit (3514 Apt #2) was fully remodeled in October 2024, boasting a new kitchen with quartz countertops, new bathroom, new flooring, and recessed lighting, placing it in excellent condition. The front house (3512), though built in 1921, has undergone extensive updates including fully remodeled bathrooms, new electrical, copper plumbing, new wall heater, recessed lighting, refinished hardwood floors, and new laminate flooring, with the kitchen featuring quartz countertops. While the renovation details for the third unit (3514 Apt #1) are less specific, the overall property benefits from these substantial and recent improvements, making it largely move-in ready with well-maintained systems and modern aesthetics in key areas. The combination of a very recently renovated unit and extensively updated main house justifies a 'Good' rating, as it exceeds 'Fair' due to the quality and recency of renovations, even if not every component of every unit is brand new.
Pros & Cons

Pros

Income-Generating Triplex: The property consists of three distinct units (a 5BR SFR and a 2-unit duplex), providing diversified income streams and strong investment potential in a desirable market.
Extensive Recent Renovations: Multiple units have undergone significant recent remodels, including kitchens, bathrooms, flooring, electrical, and plumbing, reducing immediate capital expenditures for a new owner.
Strategic Location & Development Potential: Located in the 'hot community' of Boyle Heights with City of L.A. services and RD1.5 zoning, offering both strong rental demand and future development opportunities.
Vacant Unit for Flexibility: Unit 3514 Apt #2 will be delivered vacant, providing immediate flexibility for an owner-occupant or the ability to set market-rate rent without RSO limitations for that specific unit.
Ample Parking & Private Outdoor Spaces: The property offers generous parking options (detached garage, carport, additional spaces) and private outdoor areas (fenced yards, balcony), enhancing tenant appeal and property utility.

Cons

Rent Stabilization Ordinance (RSO) Restrictions: Two of the three units (the SFR and 3514 Apt #1) are subject to LA City's RSO, which limits rent increases and complicates tenant eviction processes for owner-occupancy or redevelopment.
Buyer Bears Eviction/Relocation Costs: Sellers explicitly state they will not handle tenant evictions or associated costs, placing a significant financial and logistical burden on the buyer if they intend to occupy an RSO-controlled unit.
Recent Price Reduction & Motivated Sellers: A $100k price reduction and the 'Motivated Sellers' note may signal initial overpricing or market challenges, potentially impacting perceived value or requiring further negotiation.

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