3359 Sierra Street

Los Angeles, CA 90031

About this property

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!

About this property

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!

Features and Additional Information

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$1,199,000 Active
3,676 SQFT

Presented By Coldwell Banker Home Source

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License #01902736
Brokerage
Las Casas Realty, Inc. 323-254-2206
1-323-254-2206
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Area Information

679 Montecito Heights | Los Angeles County |

$ 1,199,000
This listing is play_arrow 33.4% higher than the average in the area
$ 899,000 in the area
3,676 SqFt
This listing is play_arrow 155.1% larger than the average in the area
1,441 SqFt in the area
$ 326 $/SqFt
This listing is play_arrow 47.7% less than the average in the area
$ 624 $/SqFt in the area
99 days on site
This listing is play_arrow 77.8% below the average in the area
446 days on site in the area

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Listed By David De Anda
Brokerage: Las Casas Realty, Inc. 323-254-2206

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