3 months on rocket

3359 Sierra St, Los Angeles, CA, 90031

$1,199,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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3359 Sierra St, Los Angeles$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1923
MLS #GD24185164
Lot Size1.15 Acres
StatusActive

About 3359 Sierra St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Las Casas Realty, Inc.
  • Office Phone: (626) 592-5341
  • Listing Agent: David De Anda

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 1.15 Acres

Other

Directions Information:

  • Directions: Sierra St & Mercury

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000

Tax Information:

  • Annual Amount: $10,166
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

3359 Sierra St vs Los Angeles

102 DAYS ON ROCKET

+64 Days

$1,199,000

+$177.4K More

KEY TAKEAWAY

This property is $177.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24185164

Listing Office:

  • Office Name: Las Casas Realty, Inc.
  • Office Phone: (626) 592-5341
  • Listing Agent: David De Anda

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,166$772,925
2020$4,681$329,688
2019$4,609$323,225
2018$4,368$316,888
2017$4,368$310,675

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4370568
6
/10

  • Latona Elementary School

  • 4312 Berenice Ave

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-4370569
5
/10

  • Huntington Drive Elementary

  • 4435 N Hntngtn Dr

  • 0.56 miles

  • Public District Grades KG-6

school-card-donut-4370570
5
/10

  • Hillside Elementary

  • 120 E Avenue 35

  • 0.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,625. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3359 Sierra St

What is the listing price of this property?

The listing price of 3359 Sierra St property is $1,199,000.

What type of property is this?

The property 3359 Sierra St is a house located in Los Angeles, California, 90031.

Is this property for sale now?

Active Listing: 3359 Sierra St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,166 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3359 Sierra St is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90031›3359 Sierra St

This home is located at 3359 Sierra St in Los Angeles, CA and zip code 90031 in the Northeast LA neighborhood. This home, which was built in 1923, sits on a 1.15 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,199,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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