3248 Eastern Avenue, El Sereno, CA 90032 (MLS # GD26054047)

Save to Favorites
Print
Share
PRICE $750,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,096 sqft
LOT SIZE 3,529 sqft

Rare Mixed-Use Investment Opportunity - Approximately 4,000+ Sq Ft Offered for the first time in nearly 40 years, this unique mixed-use commercial and residential property presents an excellent opportunity for investors seeking a value-add asset with strong upside potential. The building consists of four total units, including two vacant commercial storefront units on the ground floor and two occupied residential units located above. The residential units include: "¢ One 2-bedroom / 1-bath unit "¢ One 1-bedroom / 1-bath unit The two commercial units: approximately 1,000 square feet each, providing flexibility for a variety of retail, office, or service-based businesses. Average commercial lease rates in the El Sereno area range from approximately $2.00-$3.00 per square foot, presenting a strong opportunity to establish new leases and increase income. The property is equipped with four separate electrical meters and one master water meter. While the building requires improvements and updating, it offers significant upside for investors looking to reposition the asset and capture higher rents. With a flexible mixed-use layout and strong demand for both residential and neighborhood commercial space, this property represents a compelling investment opportunity. The residential units are currently tenant-occupied, and the property will be sold with tenants in place, making it ideal for investors seeking immediate rental income with long-term growth potential. For additional information, including financials and lease details, please contact the listing agent.

DAYS ON MARKET 11 LAST UPDATED 3/11/2026
YEAR BUILT 1962 COMMUNITY 621 - El Sereno
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 621 - El Sereno
LOT 3528 sq ft
LOT DIMENSIONS 3527
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 3248 EASTERN AVENUE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Ben Salem to contact you even if your name is on a Federal or State "Do not call List".

Listed with Las Casas Realty, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/22/26 8:05 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2026.