El Sereno Homes with Mixed Use Subtype

El Sereno Homes with Mixed Use Subtype

Welcome to El Sereno, a vibrant and diverse 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 and stunning views of the San Gabriel Mountains, this area is a hidden gem that many are beginning to discover.

El Sereno boasts a variety of homes, particularly those with a mixed-use subtype. This innovative housing option allows residents to enjoy the best of both worlds — living and working in the same space. Imagine stepping out of your front door and into your cozy café, boutique, or studio. This setup not only fosters a sense of community but also encourages local entrepreneurship, making it a perfect fit for those looking to immerse themselves in the vibrant local culture.

The neighborhood is rich in amenities, with numerous parks, eateries, and shops just a stone’s throw away. El Sereno is also conveniently located near major freeways and public transportation, providing easy access to downtown Los Angeles and beyond. This accessibility, combined with the neighborhood's friendly atmosphere, makes it an appealing choice for families, young professionals, and retirees alike.

Whether you’re drawn to the charm of a mixed-use home or the allure of a community that values connection and creativity, El Sereno is a place where you can truly thrive. Come explore the possibilities in this dynamic neighborhood and discover your perfect home 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.