3501 E 3rd Pl, Los Angeles, CA 90063

Property Description

PERFECT SETTING FOR OWNER/LANDLORD....This property consists of 3 units and one house on same lot. 3501 is a downstairs unit with 2 Bd and 1 Bath; 3501 1/2 is also a 2 Bd and 1 Bath; 3503 is converted to a studio with it's own kitchen, bathroom and separate sleeping area; it can also be converted back into an office since it is zoned as Office/Commercial/Residential. Around the corner, on the same lot, there is a standalone 3 Bd and 1 Bath house; the address is 326 S. Velasco St. This property is located one block from the DTLA and Gold Line system; 5 minutes from KECK Hospital; 10 minutes from downtown Los Angeles and two blocks from Freeways 60, 101, 5, 10, 110 and 710. It is close to parks, grocery stores, and local eateries; it is a very desirable location for tenants. Buyer will have to perform its due diligence, investigate property thoroughly and accept the property with its current rents, tenants. Subject to inspection.