3113 Eastern, Los Angeles, CA 90032
Local realty services provided by:ERA Excel Realty
3113 Eastern,Los Angeles, CA 90032
$750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: douglas mccauley909-456-3493
Office: marcus & millichap
MLS#:CV25251573
Source:CAREIL
Price summary
- Price:$750,000
About this home
***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 neighborh
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Home facts
- Year built:1955
- Listing ID #:CV25251573
- Added:39 day(s) ago
- Updated:November 15, 2025 at 12:42 AM
Structure and exterior
- Year built:1955
- Lot area:0.14 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$750,000
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