There are multiple listings for this address:
$750,000
3248 Eastern AV
El Sereno, CA, 90032
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.
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.
Property Details
Price:
$750,000
MLS #:
GD26016982
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
621elsereno
Listed Date:
Jan 23, 2026
Total Sq Ft:
4,096
Lot Size:
3,527 sqft / 0.08 acres (approx)
Year Built:
1962
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
URB
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Current real estate data for Commercial in El Sereno as of Apr 07, 2026
1
Commercial Listed
74
Avg DOM
$750,000
Avg List Price
Community
- Address3248 Eastern AV El Sereno CA
- CityEl Sereno
- CountyLos Angeles
- Zip Code90032
Similar Listings Nearby
Property Summary
- 3248 Eastern AV El Sereno CA is a Commercial for sale in El Sereno, CA, 90032. It is listed for $750,000 To schedule a showing of MLS#gd26016982 at 3248 Eastern AV in El Sereno, CA, contact your James Outland agent at 8057482262.
Courtesy of Las Casas Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 3248 Eastern AV
El Sereno, CA
$750,000
3248 Eastern AV
El Sereno, CA, 90032
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.
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.
Property Details
Price:
$750,000
MLS #:
GD26054047
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
621elsereno
Listed Date:
Mar 11, 2026
Total Sq Ft:
4,096
Lot Size:
3,527 sqft / 0.08 acres (approx)
Year Built:
1962
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
URB
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Map
Current real estate data for Single Family in El Sereno as of Apr 07, 2026
1
Single Family Listed
74
Avg DOM
$750,000
Avg List Price
Community
- Address3248 Eastern AV El Sereno CA
- CityEl Sereno
- CountyLos Angeles
- Zip Code90032
Similar Listings Nearby
Property Summary
- 3248 Eastern AV El Sereno CA is a Single Family for sale in El Sereno, CA, 90032. It is listed for $750,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average listing price for Single Family in El Sereno is $750,000. To schedule a showing of MLS#gd26054047 at 3248 Eastern AV in El Sereno, CA, contact your James Outland agent at 8057482262.