3349 N Eastern Avenue, Los Angeles, CA 90032

About this commercial property

Renovated Mixed-Use Property in Historic El Sereno, LA Discover 3347-3349 N Eastern Ave - a recently remodeled mixed-use gem in El Sereno, Los Angeles, CA. This prime investment offers three superbly upgraded residential units and a vacant 800 sqft commercial space, presenting a golden opportunity. Residential Highlights: Studio with 1 Restroom: Ideal for professionals or creatives seeking a modern, compact living space. 3 Bedrooms and 1 Bathroom: A spacious, stylish haven for families or professionals. 1 Bedroom and 1 Bathroom: A cozy, modern retreat for individuals or couples. All units have been transformed with new flooring, fixtures, kitchenettes, and bathrooms for comfortable living. Commercial Charm: The commercial storefront unit has received a stylish facelift, appealing to entrepreneurs with modern interiors and an inviting storefront ready for business. Exterior and Systems: The property's exterior and essential systems have been overhauled. New landscaping enhances curb appeal, while updated systems ensure efficiency and reliability. Historic El Sereno: El Sereno, once "El Pueblo de Los Angeles," is a vibrant, predominantly Latino community with rich cultural diversity. Its proximity to downtown Los Angeles and major transport routes makes it a prime location for residents and businesses alike. Investment Snapshot: Total Rentable Sqft: 2,798 Lot Size: 2,751 sqft Proforma CAP Rate: 6% All residential units are leased, offering consistent income. Customize the vacant commercial space to suit your business needs. Don't Miss Out: Seize the opportunity to own this fully renovated mixed-use property in historic El Sereno. Act now for a turnkey investment in a captivating neighborhood. Schedule a viewing today to secure your place in this thriving community. Contact us for details; this property promises financial returns and a strong sense of community.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$1,200,000

Sold February 2024 · listed $1,550,000, orig. $1,300,000, on market October 2023 · MLS #DW23199052 · Source: CRMLS

Listing Agent: Reyes Mejia · Listing Office: Realty Group Advisors · Contact: 323-273-1457 · Bought with: Ken Shapiro · Silverwood Properties

$675,000

Sold January 2022 · listed $749,000, orig. $790,000, on market June 2021 · MLS #WS21141146 · Source: CRMLS

Listing Agent: CHRISTINE FENN · Listing Office: COLDWELL BANKER GEORGE REALTY · Contact: 626-445-6660 · Bought with: CHRISTINE FENN · COLDWELL BANKER GEORGE REALTY

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