3359 Sierra Street
Los Angeles, CA 90031
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1923 build
- – on site
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!
Last checked:
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Last updated Feb 4, 2025
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MLS# GD24185164 —
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3676.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:2
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Stories Total:2
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Entry Level:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:3
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# of Separate Water Meters:2
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# of Separate Electric Meters:2
Interior
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Levels:Two
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Entry Location:5
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Laundry:None
Location
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Directions:Sierra St & Mercury
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Latitude:34.08459500
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Longitude:-118.20095800
The Property
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Property Type:Residential Income
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Subtype:Single Family Residence
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Zoning:LAR1
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Lot Features:0-1 Unit/Acre
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Lot Size Area:50150.0000
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Lot Size Acres:1.1513
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Lot Size SqFt:50150.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:E
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Tax Census Tract:1992.02
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Tax Tract:1
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Tax Lot:18
The Listing
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Special Listing Conditions:Auction
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Parcel Number:5207030023
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Valley
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Concrete
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/4/25
Feb 4, 2025
|
Price Changed | CRMLS_CA | $898,000 | -9.1% |
|
1/21/25
Jan 21, 2025
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Price Changed | CRMLS_CA | $988,000 | -17.6% |
|
9/6/24
Sep 6, 2024
|
Listed / Active | CRMLS_CA | $1,199,000 |
