2429 E 3rd, Los Angeles, CA 90033
Local realty services provided by:CENTURY 21 Allstars
2429 E 3rd,Los Angeles, CA 90033
$1,299,999
- - Beds
- - Baths
- 5,146 sq. ft.
- Multi-family
- Active
Listed by:
MLS#:DW26019372
Source:CRMLS
Price summary
- Price:$1,299,999
- Price per sq. ft.:$252.62
About this home
Excellent opportunity to own a 5-unit income property in the heart of Boyle Heights, one of Los Angeles’ fastest-growing and centrally located neighborhoods. 2429 E 3rd St offers a strong unit mix with stable in-place rents and long-term upside in a high-demand rental market just minutes from Downtown LA.
Unit Breakdown (5 Units Total):
(1) 4 Bed / 2 Bath – $2,392.69/month
(1) 1 Bed / 1 Bath – $1,044.22/month
(1) Studio / 1 Bath – $1,076.19/month
(1) Studio / 1 Bath – $870.83/month
(1) Studio / 1 Bath – Vacant
(1) 3 Bed / 2 Bath - Vacant
Current Total Monthly Rent: approx. $6,851.68
(Strong rental base with potential future upside)
The property features a desirable mix of unit sizes appealing to a wide range of tenants, from families to individual renters. With continued demand for centrally located housing near Downtown LA, this asset provides both stable cash flow and long-term appreciation potential.
Boyle Heights & Area Growth:
Boyle Heights continues to see major public and private investment, making it one of the most watched submarkets in Los Angeles. The property is ideally located near:
Downtown Los Angeles (minutes away)
Metro Gold Line stations providing easy transit access
USC Medical Center and major employment hubs
Ongoing mixed-use and housing developments throughout the area
Popular local restaurants, cafes, and retail corridors along Cesar Chavez & 1st Street
Strong rental demand driven by its central location and improving infrastructure
With Los Angeles focusing on transit-oriented development and higher-density housing, Boyle Heights remains a key growth corridor for investors seeking long-term upside and consistent occupancy.
Investment Highlights:
5 Total Units
Strong in-place rental income
High-demand Boyle Heights location
Minutes to Downtown LA & major freeways
Transit-oriented neighborhood
Long-term appreciation potential
A solid multifamily investment in a rapidly evolving Los Angeles neighborhood with continued growth, development, and strong rental demand....
Contact an agent
Home facts
- Year built:1898
- Listing ID #:DW26019372
- Added:46 day(s) ago
- Updated:March 06, 2026 at 11:42 AM
Rooms and interior
- Living area:5,146 sq. ft.
Structure and exterior
- Year built:1898
- Building area:5,146 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Yard
Utilities
- Water:Public
- Sewer:Sewer Not Available
Finances and disclosures
- Price:$1,299,999
- Price per sq. ft.:$252.62
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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