Properties

El Sereno, CA 90032 3248 Eastern Avenue

3248 Eastern Avenue El Sereno, CA - Image 13248 Eastern Avenue El Sereno, CA - Image 23248 Eastern Avenue El Sereno, CA - Image 3
41 more
3248 Eastern Avenue El Sereno, CA - Image 43248 Eastern Avenue El Sereno, CA - Image 53248 Eastern Avenue El Sereno, CA - Image 63248 Eastern Avenue El Sereno, CA - Image 73248 Eastern Avenue El Sereno, CA - Image 83248 Eastern Avenue El Sereno, CA - Image 93248 Eastern Avenue El Sereno, CA - Image 103248 Eastern Avenue El Sereno, CA - Image 113248 Eastern Avenue El Sereno, CA - Image 123248 Eastern Avenue El Sereno, CA - Image 133248 Eastern Avenue El Sereno, CA - Image 143248 Eastern Avenue El Sereno, CA - Image 153248 Eastern Avenue El Sereno, CA - Image 163248 Eastern Avenue El Sereno, CA - Image 173248 Eastern Avenue El Sereno, CA - Image 183248 Eastern Avenue El Sereno, CA - Image 193248 Eastern Avenue El Sereno, CA - Image 203248 Eastern Avenue El Sereno, CA - Image 213248 Eastern Avenue El Sereno, CA - Image 223248 Eastern Avenue El Sereno, CA - Image 233248 Eastern Avenue El Sereno, CA - Image 243248 Eastern Avenue El Sereno, CA - Image 253248 Eastern Avenue El Sereno, CA - Image 263248 Eastern Avenue El Sereno, CA - Image 273248 Eastern Avenue El Sereno, CA - Image 283248 Eastern Avenue El Sereno, CA - Image 293248 Eastern Avenue El Sereno, CA - Image 303248 Eastern Avenue El Sereno, CA - Image 313248 Eastern Avenue El Sereno, CA - Image 323248 Eastern Avenue El Sereno, CA - Image 333248 Eastern Avenue El Sereno, CA - Image 343248 Eastern Avenue El Sereno, CA - Image 353248 Eastern Avenue El Sereno, CA - Image 363248 Eastern Avenue El Sereno, CA - Image 373248 Eastern Avenue El Sereno, CA - Image 383248 Eastern Avenue El Sereno, CA - Image 393248 Eastern Avenue El Sereno, CA - Image 403248 Eastern Avenue El Sereno, CA - Image 413248 Eastern Avenue El Sereno, CA - Image 423248 Eastern Avenue El Sereno, CA - Image 433248 Eastern Avenue El Sereno, CA - Image 443248 Eastern Avenue El Sereno, CA - Image 45
Presented By: David De Anda with Las Casas Realty, Inc.; 626-592-5341
  • MLS# GD26054047
  • 03/11/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 4,096

Home Details

Rare Mixed-Use Investment Opportunity โ€“ 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: โ€ข One 2-bedroom / 1-bath unit โ€ข 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 $2.00โ€“$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.
Presented By: David De Anda with Las Casas Realty, Inc.; 626-592-5341

Interior Features for 3248 Eastern Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level2

General for 3248 Eastern Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityEl Sereno
Community FeaturesUrban
ContingencySeller will not relocate or allow buyer to relocate non paying Tennant until escrow closes.
CountyLos Angeles
Current FinancingContract, Conventional
DirectionsEastern & Twining
Electric Expense
Entry Location4
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income4000
Insurance Expense6000
Land Lease Y/NNo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Lot Size Square Feet3527
Lot Size UnitsSquare Feet
MLS Area621 - El Sereno
Net Operating Income4000
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Operating Expense6800
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot115
Tenant PaysCable TV, Electricity, Gas, Trash Collection
Trash Expense0
Water Sewer Expense1800
Year Built1962
Year Built SourceAssessor

Exterior for 3248 Eastern Avenue

Building Area Total4096
Lot Features0-1 Unit/Acre
Lot Size Acres0.081
Lot Size Area3527
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $750,000
MLS#GD26054047
List Date 03/11/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 3248 Eastern Avenue

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.