Marcus & Millichap presents 3109 George Street, a four-unit multifamily investment opportunity located in Lincoln Heights, one of Los Angeles’ most historic and rapidly evolving neighborhoods. The offering consists of two separate parcels totaling approximately 9,000 square feet of land. The four-unit building is situated on the front parcel and features four (4) spacious one-bedroom units totaling 2,704 square feet. The separate rear parcel provides investors with an opportunity to explore additional development or other value-add possibilities. The property represents an exceptionally attractive basis of $125,000 per unit and $185 per square foot of building area. With approximately 74% upside in rental income, investors have a compelling opportunity to substantially increase cash flow as units turn over.3109 George Street is conveniently located near the USC Health Sciences Campus, Lincoln Park and the Metro A Line, providing convenient access to Downtown Los Angeles and several major employment and transportation corridors. The property is also situated near A34, a five-acre, transit-oriented development featuring 468 residential units and approximately 16,000 square feet of retail space near the Heritage Square Metro station.With its two-parcel configuration, significant rental upside, attractive price per unit and potential for future development, 3109 George Street presents a rare opportunity to acquire a multifamily asset at an exceptionally low basis in a neighborhood poised for continued growth.
Property Details
Price:
$500,000
MLS #:
26863525
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
677lincolnhts
Listed Date:
Jul 24, 2026
Finished Sq Ft:
2,704
Total Sq Ft:
2,704
Lot Size:
9,000 sqft / 0.21 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
RF
Heating
WL
Levels
U
Exterior
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address3109 George ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jul 26, 2026
7,568
Single Family Listed
82
Avg DOM
436
Avg $ / SqFt
$1,615,310
Avg List Price
Property Summary
- 3109 George ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90031. It is listed for $500,000 and features 4 beds, 4 baths, and has approximately 2,704 square feet of living space, and was originally constructed in 1923. The current price per square foot is $185. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,615,310.
Similar Listings Nearby
3109 George ST
Los Angeles, CA


