Four-Unit Mixed-Use
3349 N Eastern Ave, Los Angeles, CA 90032
For Sale
New
$1,000,000
Residential and retail spaces have separate gas and electric meters, with a detached garage on site.
Property Size2,798 SF
Days on Market5
Property Features for 3349 N Eastern Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Utilities to Site
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
KW Westside Estates
Listed By:
Andres Diaz · License CA #01956479
(323) 376-2469
Source:
Milsteinestates
Added: Nov 10
Changed: Nov 14
Last Checked: Nov 14 at 2:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Westside Estates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1939 mixed-use property contains four units: a studio, a one-bedroom residence, a three-bedroom residence, and a retail space. The units have undergone recent renovations and are individually metered for gas and electricity. A detached garage provides two-car capacity.
The property is in El Sereno, Los Angeles, less than 15 minutes from Downtown Los Angeles.
The property is in El Sereno, Los Angeles, less than 15 minutes from Downtown Los Angeles.
Key Highlights
- Four units: three residences and one retail space
- Residential mix includes a studio, one‑bedroom, and three‑bedroom unit
- Recent renovations across all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,934
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,680
$1.3M
Cap Rate 7%
$927,629
$927.6K
Cap Rate 9%
$721,489
$721.5K
Market Conditions
NOI Build-Up for 2,798 SF
Gross rent
$103.4K $36.96/SF
− Vacancy
−$10.7K −$3.81/SF
EGI
$92.8K $33.15/SF
− OpEx
−$27.8K −$9.95/SF
NOI
$64.9K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,680
Cap Rate 7%
$927,629
Cap Rate 9%
$721,489
Alternative Uses
Best Use
Retail
$927.6K
$811.7K – $1.08M
NOI $64,934 @ 7.0% cap · market cap 6.49%
Second Best
Mixed Use
$809.4K
$708.3K – $944.3K
NOI $56,660 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,774 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential and retail spaces have separate gas and electric meters, with a detached garage on site.
Where is this mixed-use property located?
The property is located at 3349 N Eastern Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Four units: three residences and one retail space; Residential mix includes a studio, one‑bedroom, and three‑bedroom unit; Recent renovations across all units
