3349 N Eastern Avenue, Los Angeles, CA 90032

$1,625,000
4
BD
3
BA
2,798
SqFt
List Price
$1,625,000
Price Change
▼ $235,000 1685482337
Status
ACTIVE
MLS#
23249595
Year Built
1939
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,798
Lot Size
2,751
Acres
0.06
Days on Market
110
Property Type
Multifamily
Style
Spanish

Property Description

NEW PRICE REDUCTION!! Fellows Luxury Group is pleased to present 3349 North Eastern Avenue, a MIXED USE PROPER consisting of ,3 RENTAL UNITS, and 1 700 sf COMMERCIAL SPACE WITH 15 FT CEILINGS. This investment property is located south of Huntington Drive in El Sereno, California. 3349 North Eastern Avenue consists of one 3 bedroom, 1 bathroom unit, a 1 bedroom, 1 bathroom unit, a studio unit, and a detached garage with the potential to build a 2 bedroom, 1 bathroom ADU. All of the units have separate meters for gas and electricity. The property also offers ample surface parking. The DETACHED 2 CAR GARAGE is prime to develop a two bedroom ADU. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market. El Sereno, originally known as El Pueblo de Los Angeles, was established before the city of Los Angeles. The offering is rare opportunity for an investor to acquire a beautifully remodeled property with a burgeoning local economy. Ideal for a 1031 exchange. Offering Memorandum is available upon request.

Additional Information

Appliances
Disposal
Pool Description
None
Heat
Central
Cooling Description
None
View
Courtyard
Garage Spaces Total
2
Interior Features
High Ceilings
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Traci Fellows (Traci@fellowsluxurygroup.com) from Listing Office: Fellows Luxury Group.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.