3248 Eastern Avenue
El Sereno, CA, 90032 $ 650,000
Bedrooms-- Baths1.0 Sq 4,096 Monthly Estimate*
$ 4,489
Listed by David De Anda, Las Casas Realty, Inc., DavidsREoffice@gmail.com
Multi-Family Home for sale in El Sereno, CA
for $650,000 with 1 full bath. This 4,096 square foot home was built in 1962 on a lot size of 0.081.
WOW — over 4,096 sq. ft. at less than $159 per square foot! This commercial/residential property is priced to sell and packed with value-add potential in the heart of El Sereno. Featuring two vacant ground-floor commercial storefronts, two spacious residential apartments above, and rear parking for approximately six vehicles, this property gives the next owner plenty of room and opportunity to bring a new vision to life. The commercial spaces offer approximately 1,000 sq. ft. each, ideal for a coffee shop, restaurant, retail concept, professional office, neighborhood market, or other commercial use. Upstairs are a 2-bedroom/1-bath and 1-bedroom/1-bath residential unit, both currently tenant-occupied. Located along one of El Sereno’s established commercial corridors, this is a true diamond in the rough ready for renovation, repositioning, and a fresh new chapter. Bring your vision. Bring your creativity. At this price per square foot, the opportunity is hard to ignore! Buyer to independently verify square footage, zoning, permitted uses, parking, unit configuration, and all property information.
See more
FeaturesGeneralSewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1962
Tenant Pays Cable TV Electricity Gas Trash Collection
Property Subtype Mixed Use
Gross Income 4000
Community Features Urban
County Los Angeles
Net Operating Income 4000
Operating Expense 6800
Insurance Expense 6000
New Construction false
Property Type Residential Income
Contingency Seller will not relocate or allow buyer to relocate non paying Tennant until escrow closes.
Garage Y/N false
Special Listing Conditions Standard
Status Pending
Directions Eastern & Twining
City El Sereno
Entry Location 4
Senior Community Y/N false
Number Of Units Total 4
MLS Area 621 - El Sereno
Lot Size Units Square Feet
Lot Size Square Feet 3527
Number of Units Leased 2
Listing Terms Cash Cash to Existing Loan Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing Contract Conventional
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 115
Property Sub Type Additional Mixed Use
See more
InteriorTotal Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 2
See more
ExteriorParking Features Assigned
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 3527
Number of Buildings 1
Building Area Total 4096
Lot Size Acres 0.081
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
See more
* Excluded FeaturesList ByDavid De AndaListing Agent
Las Casas Realty, Inc.Broker
DavidsREoffice@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,489
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,964,639
Percent of Sale Price 202%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/17/2026 | $650,000 | -13.33% | Price Down |
| 3/12/2026 | $750,000 | | Listed Price |