N Eastern Lot 54
Los Angeles, CA, 90032
$750,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
MLS #CV25251573 image #0MLS #CV25251573 image #1MLS #CV25251573 image #2MLS #CV25251573 image #3
***SELLER FINANCING***
Mixed-use investment property ideally positioned in the rapidly evolving El Sereno submarket of Los Angeles. The property consists of one single-family residence (2BR/1BA) and two street-front commercial units, each individually metered for gas & electricity.

Situated on a 6,176 SF lot along Eastern Avenue, the property provides investors and owner-users with the rare opportunity to leverage multiple income streams and explore value-add potential through ADU additions or conversion of commercial units to residential (subject to City of Los Angeles approval).

This property offers a variety of income and redevelopment options. significantly increase cash flow and enhance long-term value. There is also a
conversion opportunity to transform the existing commercial storefronts into residential spaces, subject to verification with the City of Los Angeles.
Alternatively, an investor may choose to hold the property for appreciation, maintaining the current structure while benefiting from the continued upward trajectory of values in one of Los Angeles’ most promising and emerging neighborhoods. Notably, nearby projects—such as the 42 single-family homes recently approved at 2520 N Eastern Avenue—further highlight the strong demand and ongoing redevelopment momentum throughout the El Sereno area.

El Sereno is a vibrant and centrally located community within the City of Los Angeles, bordered by Alhambra, South Pasadena, Highland Park, and
Downtown Los Angeles. The area continues to attract strong interest from investors, young professionals, and families seeking affordability, convenience, and community charm. Residents enjoy close proximity to popular destinations such as the El Sereno Recreation Center, Ascot Hills Park, Cal State Los Angeles, and the Keck Hospital of USC, providing access to recreation, education, and healthcare. The neighborhood is also strategically positioned near major employment hubs, including Downtown Los Angeles, Pasadena, and the USC Medical District. With quick connectivity to the 10, 710, 110, and 5 freeways, El Sereno offers seamless access to the greater Los Angeles region. Its growing mix of local restaurants, cafés, and small businesses contributes to an emerging urban village atmosphere that continues to enhance the neighborhood’s appeal and livability.

Property Details

Price:
$750,000
MLS #:
CV25251573
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
621
Listed Date:
Oct 31, 2025
Total Sq Ft:
1,894
Lot Size:
6,178 sqft / 0.14 acres (approx)
Year Built:
1955
621

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Schools

Interior

Laundry Features
AR

Exterior

Community Features
SDW, SL

Financial

Gross Operating Income
$45,256
Maintenance Fee
$2,000
Net Operating Income
$30,678

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 02, 2025
2,497
Single Family Listed
68
Avg DOM
919
Avg $ / SqFt
$2,059,095
Avg List Price

Property Summary

    N Eastern Lot 54 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90032. It is listed for $750,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1955. The average price per square foot for Single Family listings in Los Angeles is $919. The average listing price for Single Family in Los Angeles is $2,059,095.

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