El Sereno Homes with Mixed Use Subtype

El Sereno Homes with Mixed Use Subtype

Welcome to El Sereno, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and charming community spirit, El Sereno offers a unique blend of urban convenience and suburban tranquility. Just a stone's throw away from downtown Los Angeles, this hidden gem boasts stunning views of the San Gabriel Mountains and an array of local parks, making it an ideal place for families and professionals alike.

El Sereno is particularly appealing for those seeking homes with a mixed-use subtype. These properties provide an exciting opportunity to blend residential living with commercial potential, allowing homeowners to operate businesses right from their doorstep. Imagine waking up in your cozy abode, with the option to run a café, boutique, or studio on the ground floor. This flexibility not only enhances your lifestyle but also opens doors for additional income streams.

The neighborhood is characterized by its eclectic architecture, featuring everything from charming bungalows to modern townhomes. The sense of community is palpable, with local events, farmers' markets, and art festivals that bring residents together. With easy access to major freeways and public transportation, commuting to downtown LA or other nearby areas is a breeze.

Whether you’re looking to invest in a mixed-use property or simply want to enjoy the vibrant lifestyle that El Sereno has to offer, this neighborhood is a fantastic choice. Discover your dream home in El Sereno, where urban living meets community charm!

Newest El Sereno Homes with Mixed Use Subtype

$750,000
GD26054047 MLS ⋅ Active Status
Rare Mixed-Use Investment Opportunity – Approximately 4,000+ Sq Ft Offered for the first time in nearly 40 years, this unique mixed-use commercial and residential property presents an excellent opportunity for investors seeking a value-add asset with strong upside potential. The building consists of four total units, including two vacant commercial storefront units on the ground floor and two occupied residential units located above. The residential units include: • One 2-bedroom / 1-bath unit • One 1-bedroom / 1-bath unit The two commercial units: approximately 1,000 square feet each, providing flexibility for a variety of retail, office, or service-based businesses. Average commercial lease rates in the El Sereno area range from approximately $2.00–$3.00 per square foot, presenting a strong opportunity to establish new leases and increase income. The property is equipped with four separate electrical meters and one master water meter. While the building requires improvements and updating, it offers significant upside for investors looking to reposition the asset and capture higher rents. With a flexible mixed-use layout and strong demand for both residential and neighborhood commercial space, this property represents a compelling investment opportunity. The residential units are currently tenant-occupied, and the property will be sold with tenants in place, making it ideal for investors seeking immediate rental income with long-term growth potential. For additional information, including financials and lease details, please contact the listing agent.

3248 Eastern Avenue, El Sereno
$750,000
GD26016982 MLS ⋅ Active Status
Rare Mixed-Use Investment Opportunity This is a unique opportunity to acquire a mixed-use commercial/residential property that has not been on the market in nearly 40 years. The property consists of four total units: two commercial units on the ground floor and two residential units above. The residential units include: • One 2-bedroom / 1-bath • One 1-bedroom / 1-bath The property is equipped with four separate electrical meters and one water meter. While the building requires improvements, it presents a strong value-add opportunity—truly a diamond in the rough. The property is tenant-occupied, and the owner intends to sell with tenants in place, making it well-suited for an investor seeking immediate income with long-term upside. Please contact the listing agent for additional details and financial information.

3248 Eastern Avenue, El Sereno
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.