$1,199,000
3359 Sierra Street, Los Angeles 90031
7
Beds
3
Baths
50,150
Lot Size
5
# Of Units
Listing Agent
David De Anda - Las Casas Realty, Inc.Prime Investment Opportunity – 3359 & 3357 Sierra St, Los Angeles, CA 90031 Two APNs – Mixed-Use Building & Adjoining Lot for Development Total Building Size: 3,676 sq. ft. (Buyer to verify actual square footage) Combined Lot Size: 50,150 sq. ft. (Buyer to verify actual square footage) 3359 Sierra St: This mixed-use property is zoned LAR1 and offers an vacant ground-floor commercial space currently used as a warehouse, covering 1,254 sq. ft. The upper level consists of three rental units with excellent income potential. Two of the units feature 2 bedrooms and 1 bathroom each, while the third unit includes 3 bedrooms and 1 bathroom. 3357 Sierra St: The adjacent lot is a spacious 17,144 sq. ft., ideal for expansion, landscaping, or future development, subject to zoning regulations. This package deal is perfect for investors looking for both immediate rental income and long-term development opportunities. The mixed-use building needs some TLC but could easily be transformed into a thriving live-work space, storefront, or café. The adjoining lot offers ample room for creative development or enhancements. Total Package: Both properties must be sold together, providing a unique opportunity to maximize your investment. Whether you're seeking rental income, a redevelopment project, or a combination of both, this is your chance to acquire two APNs (5207-030-023 & 5207-030-016) in a prime Los Angeles location. Don't miss out on unlocking the full potential of this investment in one of LA's most vibrant neighborhoods!
Facts & Features
MLS® # | GD24185164 |
---|---|
Price | $1,199,000 |
Bedrooms | 7 |
Bathrooms | 3.00 |
Lot Size | 50,150 |
Year Built | 1923 |
Type | Residential Income |
Sub-Type | Single Family Residence |
Status | Active |
# Of Units | 5 |
Community Information
Address | 3359 Sierra Street |
---|---|
Area | 679 - Montecito Heights |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90031 |
Amenities
Parking | Concrete |
---|---|
Garages | Concrete |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Has Basement | No |
---|---|
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Additional Information
Date Listed | September 5th, 2024 |
---|---|
Days on Market | 28 |
Zoning | LAR1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | David De Anda |
---|---|
Office | Las Casas Realty, Inc. |