3359 Sierra Street, Los Angeles, CA 90031
-
Listed Price :
$1,199,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1923
Property Description
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!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
3359 Sierra Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90031 |
| County |
Los Angeles |
| Listing Agent |
David De Anda DRE #01912935 |
| Courtesy Of |
Las Casas Realty, Inc. |
| List Price |
$1,199,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Single Family Residence |
| Structure Size |
N/A |
| Lot Size |
50,150 |
| Year Built |
1923 |
Listing information courtesy of: David De Anda, Las Casas Realty, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 7th, 2024 at 1:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
