3113 N Eastern, Los Angeles, CA 90032 – CRCV25251573

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Sean Beattie

sean@brivio.com +1(415) 716-7190

Listed by Douglas McCauley • MARCUS & MILLICHAP

$750,000

Est. payment - /mo

1,894 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 1,894 sqft

Price per Sqft $395

MLS Listing ID CRCV25251573

HOA Y/N No

Year Built 1955

Lot Size 6,186 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

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. Notab

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

3113 N Eastern Los Angeles, CA 90032

Sean Beattie

Key Details

Location

Interior

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