1701 E 3rd Street
Los Angeles, CA, 90033
$599,999
MLS: DW26169279
Beds
—
Baths
—
Sq Ft
1,386
Lot
0.07 ac
Year Built
1924
MLS #
DW26169279
Days on Market
79
Listed
Aug 3, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90033
Open on Google Maps ↗Listed by: Tony Regazzi · Keller Williams Rlty Whittier
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,889
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $60,000 · Loan: $539,999
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,739
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $21,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90033 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90033 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.