3109 George Street, Los Angeles, CA 90031

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
3109 George Street,Los Angeles, CA 90031
$500,000
  • 4 Beds
  • 4 Baths
  • 2,704 sq. ft.
  • Multi-family
  • Pending
Listed by: sevak keshishian, shara parseghian
Office: marcus & millichap818-212-2700
MLS#:26863525
Source:CRMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$184.91

About this home

Marcus & Millichap presents 3109 George Street, a four-unit multifamily investment opportunity located in Lincoln Heights, one of Los Angeles' most historic and rapidly evolving neighborhoods. The offering consists of two separate parcels totaling approximately 9,000 square feet of land. The four-unit building is situated on the front parcel and features four (4) spacious one-bedroom units totaling 2,704 square feet. The separate rear parcel provides investors with an opportunity to explore additional development or other value-add possibilities. The property represents an exceptionally attractive basis of $125,000 per unit and $185 per square foot of building area. With approximately 74% upside in rental income, investors have a compelling opportunity to substantially increase cash flow as units turn over.3109 George Street is conveniently located near the USC Health Sciences Campus, Lincoln Park and the Metro A Line, providing convenient access to Downtown Los Angeles and several...

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Home facts

  • Year built:1923
  • Listing ID #:26863525
  • Added:18 day(s) ago
  • Updated:August 12, 2026 at 07:53 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:2,704 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:2,704 sq. ft.
  • Lot area:0.21 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$184.91

Parking

  • Total parking spaces:5
  • Parking description:Private, Uncovered
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