El Sereno Homes with Mixed Use Subtype

El Sereno Homes with Mixed Use Subtype

Welcome to El Sereno, a vibrant and diverse neighborhood nestled within the sprawling city of Los Angeles, California. Known for its rich cultural tapestry and community spirit, El Sereno offers a unique blend of urban convenience and suburban charm. With its picturesque hills and scenic views, this hidden gem is quickly becoming a sought-after destination for homebuyers looking to enjoy the best of both worlds.

One of the standout features of El Sereno is its mixed-use housing options, which cater to a variety of lifestyles. Homes with a mixed-use subtype provide residents the opportunity to live, work, and play all in one place. Imagine stepping out of your front door to find a bustling café or boutique just a few steps away, allowing you to enjoy the convenience of local amenities without the need for a long commute. This innovative approach to urban living fosters a sense of community, encouraging residents to engage with their neighbors and support local businesses.

El Sereno's strategic location offers easy access to major freeways and public transportation, making it an ideal choice for commuters. The neighborhood is also home to beautiful parks, schools, and recreational facilities, ensuring that families have everything they need to thrive.

Whether you’re a first-time homebuyer or looking to invest in a property that seamlessly combines residential and commercial spaces, El Sereno’s mixed-use homes present an exciting opportunity. Discover the charm of this dynamic neighborhood and find your perfect home in El Sereno today!

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.