3359 Sierra Street
Los Angeles, CA 90031
1.15 acres | #GD24185164
Description
Prime Investment Opportunity – 3359 & 3357 Sierra St, Los Angeles, CA 90031
Two APNs – Mixed-Use Building & Adjoining Lot for Development
Total Building Size: 3,676 sq. ft. (Buyer to verify actual square footage)
Combined Lot Size: 50,150 sq. ft. (Buyer to verify actual square footage)
3359 Sierra St: This mixed-use property is zoned LAR1 and offers an vacant ground-floor commercial space currently used as a warehouse, covering 1,254 sq. ft. The upper level consists of three rental units with excellent income potential. Two of the units feature 2 bedrooms and 1 bathroom each, while the third unit includes 3 bedrooms and 1 bathroom.
3357 Sierra St: The adjacent lot is a spacious 17,144 sq. ft., ideal for expansion, landscaping, or future development, subject to zoning regulations.
This package deal is perfect for investors looking for both immediate rental income and long-term development opportunities. The mixed-use building needs some TLC but could easily be transformed into a thriving live-work space, storefront, or café. The adjoining lot offers ample room for creative development or enhancements.
Total Package: Both properties must be sold together, providing a unique opportunity to maximize your investment.
Whether you're seeking rental income, a redevelopment project, or a combination of both, this is your chance to acquire two APNs (5207-030-023 & 5207-030-016) in a prime Los Angeles location. Don't miss out on unlocking the full potential of this investment in one of LA's most vibrant neighborhoods!
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories2
Measurements
- Acres1.1513
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1923
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,199,000
Other
- MLS #GD24185164
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David De Anda (#G165111825)
Listing Office: Las Casas Realty, Inc. (#G6188)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
