USACALos Angeles3109 George Street
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New
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$500,000

For Sale

10 hours ago

3109 George Street, Los Angeles, CA

House

MLS® 26863525

4 Bed

4 Bath

2704 sqft

5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2704 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.2066 Acres
Approx. Age 1923
Avg. Price Per Sqft $184
MLS® Number 26863525

Property Address: 3109 George Street, Los Angeles, CA, 90031

Average square foot calculated using Size range provided by listing agent.

Description

Marcus & Millichap presents 3109 George Street, a four-unit multifamily investment opportunity located in Lincoln Heights, one of Los Angeles' most historic and rapidly evolving neighborhoods. The offering consists of two separate parcels totaling approximately 9, 000 square feet of land. The four-unit building is situated on the front parcel and features four (4) spacious one-bedroom units totaling 2, 704 square feet. The separate rear parcel provides investors with an opportunity to explore additional development or other value-add possibilities. The property represents an exceptionally attractive basis of $125, 000 per unit and $185 per square foot of building area. With approximately 74% upside in rental income, investors have a compelling opportunity to substantially increase cash flow as units turn over.3109 George Street is conveniently located near the USC Health Sciences Campus, Lincoln Park and the Metro A Line, providing convenient access to Downtown Los Angeles and several major employment and transportation corridors. The property is also situated near A34, a five-acre, transit-oriented development featuring 468 residential units and approximately 16, 000 square feet of retail space near the Heritage Square Metro station.With its two-parcel configuration, significant rental upside, attractive price per unit and potential for future development, 3109 George Street presents a rare opportunity to acquire a multifamily asset at an exceptionally low basis in a neighborhood poised for continued growth.
MLS® Number26863525
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1923
Basement
DrivewayPrivate, Uncovered
Garage Spaces
HeatWall Furnace
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
3109 George Street, Los Angeles, CA

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