3113 N Eastern, Los Angeles, CA 90032

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Glen Henderson

[email protected] +1(619) 889-7646

$750,000

Est. payment - /mo

2 Beds

6,178 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25251573

Bedrooms 2

Lot Size 6,178 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

***SELLER FINANCING*** Mixed-use investment property ideally positioned in the rapidly evolving El Sereno submarket of Los Angeles. The property consists of one single-family residence (2BR/1BA) with a long-term tenant of 10-years and two street-front commercial units, one in which is currently vacant and the other is occupied with another long-term tenant of 7-years. (Month-to-Month leases) Each unit is individually metered for gas & electricity. Situated on a 6,176 SF lot along Eastern Avenue, the property provides investors and owner-users with the rare opportunity to leverage multiple income streams and explore value-add potential through ADU additions or conversion of commercial units to residential (subject to City of Los Angeles approval). This property offers a variety of income and redevelopment options. significantly increase cash flow and enhance long-term value. There is also a conversion opportunity to transform the existing commercial storefronts into residential spaces, subject to verification with the City of Los Angeles. Alternatively, an investor may choose to hold the property for appreciation, maintaining the current structure while benefiting from the continued upward trajectory of values in one of Los Angeles most promising and emerging neighborhoods. Notably, nearby projectssuch as the 42 single-family homes recently approved at 2520 N Eastern Avenuefurther highlight the strong demand and ongoing redevelopment momentum throughout the El Sereno area. El Sereno is a vibrant and centrally located community within the City of Los Angeles, bordered by Alha

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Exit On Valley Blvd. Drive to N Eastern Avenue. Destination Will Be on The Left.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 5213039031

Acceptable Financing Cash

Listing Terms Cash

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Listed by Douglas McCauley MARCUS & MILLICHAP

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

3113 N Eastern Los Angeles, CA 90032

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information