46
See all 46 photos
Listed by David De Anda, DRE #01912935 • Las Casas Realty, Inc.
$750,000
Est. payment /mo
3,527 Sqft Lot
Active
3248 Eastern AVE El Sereno, CA 90032
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD26054047
Year Built 1962
Lot Size 3,527 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Rare Mixed-Use Investment Opportunity - Approximately 4,000+ Sq Ft Offered for the first time in nearly 40 years, this unique mixed-use commercial and residential property presents an excellent opportunity for investors seeking a value-add asset with strong upside potential. The building consists of four total units, including two vacant commercial storefront units on the ground floor and two occupied residential units located above. The residential units include: . One 2-bedroom / 1-bath unit . One 1-bedroom / 1-bath unit The two commercial units: approximately 1,000 square feet each, providing flexibility for a variety of retail, office, or service-based businesses. Average commercial lease rates in the El Sereno area range from approximately $2.00-$3.00 per square foot, presenting a strong opportunity to establish new leases and increase income. The property is equipped with four separate electrical meters and one master water meter. While the building requires improvements and updating, it offers significant upside for investors looking to reposition the asset and capture higher rents. With a flexible mixed-use layout and strong demand for both residential and neighborhood commercial space, this property represents a compelling investment opportunity. The r
Location
State CA
County Los Angeles
Area 621 - El Sereno
Interior
Laundry None
Exterior
Parking Features Assigned Spaces
Pool None
Building
Water District - Public
Others
Tax ID 5218021017
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.