El Sereno Homes with Mixed Use Subtype

El Sereno Homes with Mixed Use Subtype

Welcome to El Sereno, a vibrant and eclectic neighborhood nestled in the heart of Los Angeles County, 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, diverse population, and a variety of local businesses, this area is perfect for those seeking a dynamic lifestyle.

One of the standout features of El Sereno is its mixed-use zoning, which allows for a harmonious blend of residential and commercial spaces. Homes with a mixed-use subtype provide an exceptional opportunity for residents to live, work, and play all within the same vibrant community. Imagine stepping out of your front door and finding a charming café, boutique, or art studio just a stone's throw away. This unique aspect of El Sereno not only fosters a strong sense of community but also supports local entrepreneurs and artists, making it a hub of creativity and innovation.

The real estate market in El Sereno is diverse, offering everything from cozy single-family homes to modern mixed-use developments. Whether you're a first-time homebuyer, an investor, or looking to establish a business, the properties here cater to a wide range of needs and preferences.

With its proximity to downtown Los Angeles, excellent transportation options, and a growing number of parks and recreational areas, El Sereno is an ideal place to call home. Embrace the opportunity to be part of this thriving community where culture, creativity, and convenience meet. Discover your perfect mixed-use 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.