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3349 N Eastern Ave, Los Angeles, CA 90032
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3349 N Eastern Ave Los Angeles, CA 90032

$1,200,000 Sold Price as of 02/16/2024
  • 3 Beds
  • 3 Baths
  • 2,798 Sq.Ft.
Sold
$1,200,000 Sold Price as of 02/16/2024 Refinance Your Mortgage
Map preview of 3349 N Eastern Ave, Los Angeles, CA 90032

Property Overview: 3349 N Eastern Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,798 living square feet and 2,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Renovated Mixed-Use Property in Historic El Sereno, LA Discover 3347-3349 N Eastern Ave - a recently remodeled mixed-use gem in El Sereno, Los Angeles, CA. This prime investment offers three superbly upgraded residential units and a vacant 800 sqft commercial space, presenting a golden opportunity. Residential Highlights: Studio with 1 Restroom: Ideal for professionals or creatives seeking a modern, compact living space. 3 Bedrooms and 1 Bathroom: A spacious, stylish haven for families or professionals. 1 Bedroom and 1 Bathroom: A cozy, modern retreat for individuals or couples. All units have been transformed with new flooring, fixtures, kitchenettes, and bathrooms for comfortable living. Commercial Charm: The commercial storefront unit has received a stylish facelift, appealing to entrepreneurs with modern interiors and an inviting storefront ready for business. Exterior and Systems: The property's exterior and essential systems have been overhauled. New landscaping enhances curb appeal, while updated systems ensure efficiency and reliability. Historic El Sereno: El Sereno, once "El Pueblo de Los Angeles," is a vibrant, predominantly Latino community with rich cultural diversity. Its proximity to downtown Los Angeles and major transport routes makes it a prime location for residents and businesses alike. Investment Snapshot: Total Rentable Sqft: 2,798 Lot Size: 2,751 sqft Proforma CAP Rate: 6% All residential units are leased, offering consistent income. Customize the vacant commercial space to suit your business needs. Don't Miss Out: Seize the opportunity to own this fully renovated mixed-use property in historic El Sereno. Act now for a turnkey investment in a captivating neighborhood. Schedule a viewing today to secure your place in this thriving community. Contact us for details; this property promises financial returns and a strong sense of community.

Listed by Reyes Mejia | BRE #01868073 | Realty Group Advisors
Last checked: 14 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
2,751
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW23199052
City
Los Angeles
County
Los Angeles
Time on Site
205 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Actual Rent: $2,250
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $3,250
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,921
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3349 N Eastern Ave

Interior Features
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 5213015013
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of eastern.
View more facts & features

Local Los Angeles Agent

Sale History for 3349 N Eastern Ave

Last sold for $1,200,000 on February 16th, 2024

  • February, 2024

  • Feb 16, 2024

    Date

    Sold

    CRMLS: DW23199052

    $1,200,000

    Price

  • Oct 25, 2023

    Date

    Active

    CRMLS: DW23199052

    $1,300,000

    Price

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 23243003

    $1,860,000

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: 23243003

    $1,860,000

    Price

  • Listing provided courtesy of CRMLS

    Fellows Luxury Group is pleased to present 3349 North Eastern Avenue, a mixed use property consisting of ,3 rental units, and one 700 sf commercial space. This investment property is located south of Huntington Drive in El Sereno, California. 3349 North Eastern Avenue consists of one 3 bedroom, 1 bathroom unit, a 1 bedroom, 1 bathroom unit, a studio unit, and a detached garage with the potential to build a 2 bedroom, 1 bathroom ADU. All of the units have separate meters for gas and electricity. The property also offers ample surface parking. The detached garage is prime a two bedroom ADU. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market.El Sereno, originally known as El Pueblo de Los Angeles, was established before the city of Los Angeles. The offering is rare opportunity for an investor to acquire a beautifully remodeled property with a burgeoning local economy.

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 23249595

    $1,625,000

    Price

  • Feb 17, 2023

    Date

    Active

    CRMLS: 23249595

    $1,860,000

    Price

  • Listing provided courtesy of CRMLS

    NEW PRICE REDUCTION!! Pleased to present 3349 North Eastern Avenue, a MIXED USE PROPER consisting of ,3 RENTAL UNITS, and 1 700 sf COMMERCIAL SPACE WITH 15 FT CEILINGS. This investment property is located south of Huntington Drive in El Sereno, California. 3349 North Eastern Avenue consists of one 3 bedroom, 1 bathroom unit, a 1 bedroom, 1 bathroom unit, a studio unit, and a detached garage with the potential to build a 2 bedroom, 1 bathroom ADU. All of the units have separate meters for gas and electricity. The property also offers ample surface parking. The DETACHED 2 CAR GARAGE is prime to develop a two bedroom ADU. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market. El Sereno, originally known as El Pueblo de Los Angeles, was established before the city of Los Angeles. The offering is rare opportunity for an investor to acquire a beautifully remodeled property with a burgeoning local economy. Ideal for a 1031 exchange. Offering Memorandum is available upon request.

  • August, 2021

  • Aug 25, 2021

    Date

    Price Change

    CRMLS: WS21141146

    $765,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: WS21141146

    $790,000

    Price

  • Listing provided courtesy of CRMLS

    A rare to find three unit mixed-use property in the West San Gabriel area. The property has two separate buildings. For the front building, downstairs is a well established insurance office which has an office space, two bathrooms, kitchen with marble countertops, cabinets and cold & hot water throughout. The front building upstairs is residential which has three bedrooms, one bathroom, kitchen, dining room and big living room. For the back building, upstairs is a one bedroom residential with one bathroom; downstairs is a two car in-and-out garage that can drive through into the courtyard for a privacy parking space. All three units have been upgraded and remodeled. There is an alley access in the back of the property. In addition, there is free two hours City parking within walking distance. The property is close to the corner of Huntington Drive and Eastern Ave which is convenient to reach Alhambra, South Pasadena, Pasadena, downtown Los Angeles, USC Medical Center, El Sereno Recreation Center and El Sereno High School. Easy access to multiple freeways and public transportation.

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Tax History for 3349 N Eastern Ave

Assessed Value (2020): $59,346
Year Land Value Improved Value Assessed Value
2020 $15,885 $43,461 $59,346

Home Value Compared to the Market

This property vs the competition

3349 N Eastern Ave sold on February 16, 2024 for 30.25% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $553.97 per/sqft which puts the price per square foot 26.63% lower than the current median sale per square foot for the city of Los Angeles.

About 3349 N Eastern Ave

Detailed summary of property

3349 N Eastern Ave is a mixed use that recently sold in Los Angeles, CA 90032. This mixed use property offered 3 bedrooms, 3 bathrooms, roughly 2,798 living square feet, and sits on an approximately 2,751 square foot lot. 3349 N Eastern Ave was first listed on ArdentRealEstateGroup.com on October 25, 2023. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.25% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 3925 Fountain Ave and 4600 S Central Ave. While the average home in Los Angeles, CA is selling in 94 days, 3349 N Eastern Ave has a days on market of 62 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3349 N Eastern Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3349 N Eastern Ave

Public county record property details
Beds
1
Baths
1
Year built
1939
Sq. Ft.
2,798
Lot Size
2,751
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
5213-015-013

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
64
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 3349 N Eastern Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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