Los Angeles, CA 90032,3349 N Eastern AVE
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Los Angeles, CA 90032,3349 N Eastern AVE
Los Angeles, CA 90032,3349 N Eastern AVE
Los Angeles, CA 90032,3349 N Eastern AVE
Los Angeles, CA 90032,3349 N Eastern AVE

$1,200,000

Est. payment /mo

$1,550,000

22.6%
Est.Price: ?

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3349 N Eastern AVE Los Angeles, CA 90032

2,752 Sqft Lot

SOLD DATE : 02/16/2024

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23199052

Sold Date 02/16/24

HOA Y/N No

Year Built 1939

Lot Size 2,752 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Interior

Fireplace No

Laundry Inside

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5213015013

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Reyes Mejia • Realty Group Advisors • 323-273-1457
Bought with Ken Shapiro • Silverwood Properties

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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