2306 East 3rd Street

Los Angeles, CA 90033

$1,099,000
Price
7
Beds
5
Baths
3,465 Sq. Ft.
$317 / Sq. Ft.
3,465
Sq. Ft.
$317
per Sq. Ft.

Description

Multi-Unit, 2 Story Duplex and an ADU with excellent Location! Just a few minutes away from Downtown Los Angeles. Don’t miss out on this opportunity. Investors, this property offers a 2-story Duplex that is located in front of the property. Each Unit is a 3 beds/ 2 baths with a laundry room included. The 2nd unit is on the 2nd floor with a balcony. The Rear Unit is a newly developed ADU offering a modern kitchen with new cabinets and quartz countertops. The ADU kitchen will include stainless steel...Multi-Unit, 2 Story Duplex and an ADU with excellent Location! Just a few minutes away from Downtown Los Angeles. Don’t miss out on this opportunity. Investors, this property offers a 2-story Duplex that is located in front of the property. Each Unit is a 3 beds/ 2 baths with a laundry room included. The 2nd unit is on the 2nd floor with a balcony. The Rear Unit is a newly developed ADU offering a modern kitchen with new cabinets and quartz countertops. The ADU kitchen will include stainless steel appliances. The 1 bed/1 bath unit comes with laminated flooring throughout the unit. The property has a 2 car garage and shares a long & wide driveway. The duplex is currently occupied by tenants and the ADU is vacant.
  1. Listed by Chris Limon • DRE #01182471 • Brokerage DRE #01206776 • Century 21 A Better Service • 562-244-8211

Property Details for 2306 East 3rd Street

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3465

Location

Listing Courtesy of Century 21 A Better Service, Chris Limon, DRE #01182471
Add your commute
LISTING UPDATED: 02/19/2024 08:49 AM

Property Details for 2306 East 3rd Street

StatusActive
MLS #DW24033522
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.12 AC / 5,094 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 A Better Service, Chris Limon, DRE #01182471
Add your commute

Building Information for 2306 East 3rd Street

Stories2Residences-Year Built1907Building Size-Lot Size0.12 AC / 5,094 SF

Payment Calculator

$6,838 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$840

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2306 East 3rd Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $58,000
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $48,200
Expense Details
  • Operating Expense: $5,800
  • Insurance Expense: $2,200
  • Trash Expense: $0
  • Water Sewer Expense: $3,600
  • Total Expenses: $5,800
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 0000
  • Tax Census Tract: 2044.20
  • CFD/Mello-Roos Fee: $417
  • Tax Lot: 10
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: Gas & Electric Range, Gas Water Heater, Refrigerator
  • Equipment: Gas Or Electric Dryer Hookup, Refrigerator
  • Interior Features: Balcony, Open Floorplan, Quartz Counters, Tile Counters
  • Room Type: Kitchen, Laundry, Living Room, Multi-Level Bedroom
  • Bedroom Features: Multi-Level Bedroom
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile, Vinyl, Wood
Exterior Features
  • Door Features: Panel Doors
  • Entry Location: 1st Floor & 2nd with steps
  • Fence: Yes
  • Fence: Wire
  • Fencing: Wire
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One, Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1380
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Refrigerator: 3

Property History for 2306 East 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2306 East 3rd Street

Taxable ValueLand$498,351Additions$255,938Total$754,289
Tax Record2023$10,082 ($840 / month)
Home Facts
Total Finished SqFt3,074 SqFtAbove Grade Finished SqFt3,074 SqFtLot Size5,094 SqFtStyleDuplexYear Built1907ZoningLARD1.5CountyLOS ANGELESAPN5183-013-011

Schools near 2306 East 3rd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Breed Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2306 East 3rd Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on February 16, 2024 by Century 21 A Better Service, it's currently listed at $1,099,000. It has been on the market for a total of 79 days and was last sold on April 23, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Breed Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2306 East 3rd Street is a 7-bed, 5-bath, 3,465 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A Better Service, Chris Limon, DRE #01182471

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.