1701 E 3rd St, Los Angeles, CA, 90033
About This Home
Outstanding value-add duplex in a prime Central Los Angeles location, conveniently situated just west of the 101 Freeway and south of the 10 Freeway. This well-maintained, master-metered property is in excellent condition, offering investors the rare combination of immediate income and long-term upside. The rear unit is a spacious 2-bedroom residence featuring a large private patio—an attractive amenity that enhances tenant appeal and outdoor living. The front unit offers a flexible floor plan that can easily function as a 2-bedroom, creating additional rental potential and maximizing income opportunities. Whether you're looking to capitalize on future rental growth, optimize the existing unit configuration, or simply acquire a turnkey asset in a high-demand rental market, this property checks all the boxes. Located just minutes from Downtown Los Angeles, USC, Koreatown, public transportation, shopping, dining, and major employment centers, it benefits from strong and consistent tenant demand. A well-cared-for investment with exceptional upside—don't miss this opportunity to add a quality Los Angeles income property to your portfolio.
Getting Around
Very Walkable
Rider's Paradise
BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Foundation: Slab
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Water Heater
- Laundry features: Inside
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- All Bedrooms Down
- Flooring: Laminate
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total structure area: 1,386
- Total interior livable area: 1,386 sqft
Property
Details
- Parcel number: 5172001009
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: FD
- Pool features: None
- Spa features: None
Lot
- Lot size: 2,961 sqft
- Features: No Landscaping
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $109 | $1,308 |
| Property Taxes | $662 | $7,944 |
| Electricity | $398 | $4,786 |
| Total | $4,202 | $50,424 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $599,999 |
View on Zillow