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 tapestry and community spirit, El Sereno is a hidden gem that offers a unique blend of residential comfort and commercial opportunity. With its picturesque hills and lush greenery, this charming enclave provides residents with a serene escape from the hustle and bustle of city life, while still being conveniently located just a stone's throw away from downtown LA.

One of the standout features of El Sereno is its diverse housing options, particularly the homes with a mixed-use subtype. These properties are perfect for those looking to combine their living space with a business opportunity, offering the flexibility to work from home or run a small enterprise right at your doorstep. Imagine waking up in your cozy abode, sipping coffee on your balcony, and then stepping into your own shop or office—all without the hassle of a long commute.

The mixed-use homes in El Sereno cater to a variety of lifestyles, making them ideal for entrepreneurs, artists, and families alike. With a rich history and a strong sense of community, El Sereno is not just a place to live; it’s a place to thrive.

Explore the charm of El Sereno today, where your dream home awaits, perfectly intertwined with the potential for your business aspirations. Experience the best of both worlds in this dynamic neighborhood that truly embodies the spirit of Los Angeles!

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.