3359 Sierra Street, Los Angeles, CA 90031
  • MLS#: GD24185164 ( Multi-Family )
  • Street Address: 3359 Sierra Street
  • Viewed: 1
  • Price: $898,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 0
  • Days On Market: 186
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90031
  • Provided by: Las Casas Realty, Inc.
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • 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 caf. 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!
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Features
Property Type
  1. Multi-Family