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3359 Sierra Street

Los Angeles, CA 90031

$1,199,000 Price
Est. Payment: $ 0/mo
7
Bed
0
Bath
3,676 Sq. Ft.
$326 / Sq. Ft.

3359 Sierra Street

Los Angeles, CA 90031

$1,199,000 Price
$0/mo
7
Bed
0
Bath
3,676
Sq. Ft.
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!
PROPERTY INFORMATION
MLS # GD24185164 Lot Size 50,150 Sq. Ft.
HOA Fees $0/Monthly Property Type Single Family Residence
Price $ 1,199,000
Price Per SqFt: $ 326
DOM 242 Days
Address 3359 Sierra Street Type Residential Income
City Los Angeles Sq.Ft. 3,676 Sq. Ft.
Postal Code 90031 Garage N/A
County Los Angeles Year Built 1923
Bed / Bath 7 / 0 Parking N/A
Built In 1923 Status Active
INTERIOR FEATURES
Has Laundry No
Laundry Information None
EntryLocation 5
Entry Level 2
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 9 (Car-Dependent)
  Transit Score: 41 (Some Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,279
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/06/2024 Listed $1,199,000
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Listing provided courtesy of David De Anda, Las Casas Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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