3359 Sierra Street
Description
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...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!
- Listed by David De Anda • DRE #01912935 • Brokerage DRE #00804434 • Las Casas Realty, Inc. • 626-592-5341
Property Details for 3359 Sierra Street
Property Details for 3359 Sierra Street
| Status | Active |
|---|---|
| MLS # | GD24185164 |
| Days on Market | 88 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1923 |
| Lot Size | 1.15 AC / 50,150 SF |
| County | Los Angeles County |
Building Information for 3359 Sierra Street
Property Information for 3359 Sierra Street
- Tenant Pays: Electricity, Gas
- Gross Income: $30,300
- Gross Scheduled Income: $30,300
- Net Operating Income: $6,000
- Operating Expense: $6,000
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $4,000
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Block: E
- Tax Tract Number: 1
- Tax Census Tract: 1992.02
- CFD/Mello-Roos Fee: $1,108
- Tax Lot: 18
- Community Features: Valley
- Laundry: No
- Laundry Features: None
- Entry Location: 5
- Pool Features: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Land Lease: No
- Levels: Two
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Features: Concrete
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $875
- Unit Type Total Rent: $2,400
- Unit Type Pro Forma: 3
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $650
- Unit Type Total Rent: $2,400
- Unit Type Pro Forma: 3
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,000
- Unit Type Total Rent: $2,600
- Unit Type Pro Forma: 3
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 0
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 3
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 0
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 3
- Unit Type Type: 5
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 3
- Number Of Separate Water Meters: 2
Property History for 3359 Sierra Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3359 Sierra Street
Schools near 3359 Sierra Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Glen Alta Elementary School PublicK to 8 | ||
Woodrow Wilson Senior High School Public9 to 12 | ||
Abraham Lincoln Senior High School Public9 to 12 | ||
Los Angeles Leadership Academy Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Las Casas Realty, Inc., David De Anda, DRE #01912935
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.