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 history and diverse community, El Sereno offers an inviting blend of urban convenience and suburban charm. This hidden gem is characterized by its rolling hills, picturesque parks, and a variety of local shops and eateries that reflect the area’s unique character.

One of the standout features of El Sereno is its mixed-use zoning, which allows for a dynamic blend of residential and commercial properties. Homes with a mixed-use subtype provide residents with the rare opportunity to live, work, and play all in one place. Imagine stepping out of your front door and finding a cozy café, a boutique, or a local art gallery just a short stroll away. This seamless integration of living and commerce fosters a vibrant community atmosphere, making it an ideal choice for those who value convenience and accessibility.

El Sereno is also well-connected to the wider Los Angeles area, with easy access to major freeways and public transportation options. Whether you’re commuting to downtown LA or exploring the scenic beauty of nearby parks, you’ll find that this neighborhood strikes the perfect balance between urban excitement and tranquil living.

With its eclectic mix of homes, including charming single-family residences and modern mixed-use developments, El Sereno is quickly becoming a sought-after destination for homebuyers looking for a unique living experience. Embrace the spirit of community and discover what makes El Sereno a truly special place to call home!

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

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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.