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:
$1,199,000
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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Courtesy of Las Casas Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.3359 Sierra Street
Los Angeles, CA
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