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$750,000 Just Listed
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Property Description
Rare Mixed-Use Investment Opportunity
This is a unique opportunity to acquire a mixed-use commercial/residential property that has not been on the market in nearly 40 years. The property consists of four total units: two commercial units on the ground floor and two residential units above.
The residential units include:
•One 2-bedroom / 1-bath
•One 1-bedroom / 1-bath
The property is equipped with four separate electrical meters and one water meter.
While the building requires improvements, it presents a strong value-add opportunity-truly a diamond in the rough. The property is tenant-occupied, and the owner intends to sell with tenants in place, making it well-suited for an investor seeking immediate income with long-term upside.
Please contact the listing agent for additional details and financial information.
Full Property Details
Full Property Details for 3248 Eastern Ave
General
- Price: $750,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: GD26016982
- Updated: Today (1/23/2026)
- Added to Site: Today
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Eastern & Twining
Structural Information
- # Buildings: 1
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 2096
- Square Feet: 2,096
- Year Built: 1962
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.081
- Useable Acres: .081
- Lot Size (Sq. Ft.): 3,527
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $357
Disclosures and Reports
- Investment: Yes
- Property ID: 5218021017
Listed by Las Casas Realty, Inc., DavidDe Anda
Get Pre-Approved Today
Schools
Schools serving 3248 Eastern Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sierra Park Elementary School 3170 Budau Avenue, Los Angeles, CA 90032 | PK-6 | 0.6 mi |
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032 | 6-8 | 0.2 mi |
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032 | 9-12 | 1 mi |
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3248 Eastern Ave
Date
Details
Price
Change
Source
1/23/2026
Listed
$750,000
262.32%
MLS
2/28/1989
Sold
$207,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3248 Eastern Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,902
61%
$627,687
68%
2023
$4,894
5%
$373,334
2%
2022
$4,676
1%
$366,015
2%
2021
$4,611
-1%
$358,840
1%
2020
$4,652
4%
$355,161
2%
2019
$4,479
2%
$348,198
2%
2018
$4,392
2%
$341,372
2%
2017
$4,298
3%
$334,679
2%
2016
$4,184
1%
$328,117
2%
2015
$4,126
—
$323,190
2%
2014
$4,143
—
$316,860
—
2013
$4,143
—
$315,429
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3248 Eastern Ave
3248 Eastern Avenue, El Sereno, CA 90032 (MLS# GD26016982) is a Commercial property. 3248 Eastern Avenue is currently listed for $750,000 and was received on January 23, 2026. Want to learn more about 3248 Eastern Avenue? Do you have questions about finding other Commercial real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

