$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

AgentDavid De Anda
OfficeLas Casas Realty, Inc.

Listing Map

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