3248 Eastern AVE El Sereno, CA 90032
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26016982
HOA Y/N No
Year Built 1962
Lot Size 3,528 Sqft
Property Sub-Type Mixed Use
Property Description
This is a unique opportunity to acquire a mixed-use commercial/residential property that has not been on the market in nearly 40 years. The property consists of four total units: two commercial units on the ground floor and two residential units above.
The residential units include:
• One 2-bedroom / 1-bath
• One 1-bedroom / 1-bath
The property is equipped with four separate electrical meters and one water meter.
While the building requires improvements, it presents a strong value-add opportunity—truly a diamond in the rough. The property is tenant-occupied, and the owner intends to sell with tenants in place, making it well-suited for an investor seeking immediate income with long-term upside.
Please contact the listing agent for additional details and financial information.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5218021017
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Arroyo Vista Elementary School
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Monterey Hills Elementary School
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Marengo Elementary School
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Kipp Sol Academy
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Brooklyn Avenue School
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Monterey Highlands Elementary School
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Puc Milagro Charter
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Brightwood Elementary School
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Robert Hill Lane Elementary School
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Park Elementary School
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Garfield Elementary School
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Mt. Washington Elementary School
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Arroyo Seco Museum Science
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Latona Elementary School
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Sierra Vista Elementary
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Marguerita Elementary School
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Yorkdale Elementary
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El Sereno Elementary School
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Emery Park School
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Endeavor College Preparatory Charter
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South Pasadena Middle School
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Florence Nightingale Middle School
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Los Angeles Leadership Academy
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Luther Burbank Middle School
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Puc Excel Charter Academy
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Belvedere Middle School
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El Sereno Middle School
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Blair High School
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Alliance College-Ready Middle Academy No. 5
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Academia Avance Charter
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Optimist Charter
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East los Angeles Community Day
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South Pasadena High School
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Francisco Bravo Medical Magnet High School
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Alliance Marc & Eva Stern Math and Science
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Los Angeles High School for the Arts
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Alliance Susan and Eric Smidt Technology High School
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Lincoln High School
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Benjamin Franklin High School
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Leadership in Entertainment and Media Arts (Lema)
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Los Angeles International Charter High School
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Esteban Torres High School - Engineering & Technology Academy
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Esteban Torres High School - East Los Angeles Renaissance Academy
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East Los Angeles Performing Arts Academy at Esteban E. Torres High School
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Woodrow Wilson High School
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Esteban Torres High School - Humanitas Academy of Art & Technology
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Hilda L. Solis College Prep High School
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Academy of Environmental & Soc Policy (Esp) at Roosev
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Esteban Torres High School - Social Justice Leadership Academy
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Sacred Heart High School
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Pueblo de los Angeles Continuation
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Highland Park Continuation
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