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3324 Eastern Ave 3,138 SF Retail Building Los Angeles, CA 90032 $1,200,000 ($382.41/SF)
Investment Highlights
- Corner location at Eastern Avenue and Axtell Street with strong visibility and street presence.
- More than 88 feet of combined building frontage enhances exposure to passing traffic.
- Parking in the rear.
- Situated two blocks from Huntington Drive and Eastern Avenue, a key commercial intersection in El Sereno.
- Visibility to ±20,000 cars per day.
- Building permitted for two units.
Executive Summary
-Ideally positioned at the corner of Eastern Avenue and Axtell Street, this highly visible property is located just two blocks from El Sereno’s busiest intersection at Huntington Drive and Eastern Avenue, placing it in the center of one of the neighborhood’s most active commercial corridors.
-With more than 88 feet of combined building frontage, the property offers exceptional street presence and exposure, while rear tandem parking adds valuable convenience for tenants and customers alike.
-An associated cannabis license may be available for acquisition separately from the real estate. Please contact the broker regarding pricing, eligibility and additional details.
-With more than 88 feet of combined building frontage, the property offers exceptional street presence and exposure, while rear tandem parking adds valuable convenience for tenants and customers alike.
-An associated cannabis license may be available for acquisition separately from the real estate. Please contact the broker regarding pricing, eligibility and additional details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,138 SF
Building Class
C
Year Built
1930
Price
$1,200,000
Price Per SF
$382.41
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.71
Lot Size
0.10 AC
Zoning
LAC4 - -Tier 2 of the Transit Oriented Communities (TOC)
-AB 2097 eligible
Parking
4 Spaces (1.27 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5218-014-041 | Improvements Assessment | $130,050 |
| Land Assessment | $676,260 | Total Assessment | $806,310 |
Property Taxes
Parcel Number
5218-014-041
Land Assessment
$676,260
Improvements Assessment
$130,050
Total Assessment
$806,310
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3324 Eastern Ave
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