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!
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 Details
Price:
$898,000
MLS #:
GD24185164
Status:
Active
Baths:
0
Address:
3359 Sierra Street
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
679montecitoheights
City:
Los Angeles
Listed Date:
Sep 5, 2024
State:
CA
ZIP:
90031
Lot Size:
50,150 sqft / 1.15 acres (approx)
Year Built:
1923
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Schools
Interior
Exterior
Community Features
Valley
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Concrete
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address3359 Sierra Street Los Angeles CA
- Area679 – Montecito Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
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3359 Sierra Street
Los Angeles, CA
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