El Sereno Homes with Mixed Use Subtype

El Sereno Homes with Mixed Use Subtype

Welcome to El Sereno, a vibrant and eclectic neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and strong community spirit, El Sereno is a hidden gem that offers a unique blend of urban convenience and suburban charm. With stunning hillside views and a variety of parks, this neighborhood is perfect for those who appreciate both the hustle and bustle of city life and the tranquility of nature.

El Sereno is particularly appealing for homebuyers interested in mixed-use properties. These homes not only provide comfortable living spaces but also offer the opportunity to run a business right from your doorstep. Imagine waking up in a stylish apartment above your café or boutique, where you can serve the community while enjoying the vibrant atmosphere of your neighborhood. The mixed-use zoning in El Sereno encourages a dynamic lifestyle, where work and leisure seamlessly intertwine.

The community is well-connected with easy access to major highways and public transportation, making it a breeze to explore all that Los Angeles has to offer. From trendy eateries to local shops, El Sereno is brimming with options that cater to every taste and preference. With its charming streets, friendly neighbors, and a strong sense of community, El Sereno is not just a place to live; it’s a place to thrive.

Whether you're looking for a cozy home or a mixed-use property to start your entrepreneurial journey, El Sereno is the perfect destination to call home. Embrace the vibrant lifestyle that awaits you in this exceptional neighborhood!

Newest El Sereno Homes with Mixed Use Subtype

$750,000
GD26054047 MLS Active Status
Rare Mixed-Use Investment Opportunity – 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: • One 2-bedroom / 1-bath unit • 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 $2.00–$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.

3248 Eastern Avenue, El Sereno

Start Your Search

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.