3109 George Street
Los Angeles, CA 90031
4
Bed
4
Bath
2,704Sqft
9,000Sqft(Lot)
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 a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1923Building Area Total: 2704Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 9000 Lot Size Acres: 0.2066 Lot Size Source: Owner Lot Size Square Feet: 9,000
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Listing Price Information
Listing Price: $500000
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Tax Information
Parcel Number: 5208001029
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Virtual Tour
Parking Information
Parking Total: 5 Private, Uncovered
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Location Information
Direction: From I-5, exit N Broadway and head northeast. Turn right on Gates St, left on Eastlake Ave, then right on George St; property will be on the right.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3887 Latrobe Street, Los Angeles, CA, 90031 | $989,000 | 3 | 2 | 1,360 | 1,360 SqFt |
| 610 Montecito Drive, Los Angeles, CA, 90031 | $1,700,000 | 5 | 5 | 2,883 | 2,883 SqFt |
| 600 Montecito, Los Angeles, CA, 90031 | $1,200,000 | 3 | 5 | 2,300 | 2,300 SqFt |
| 885 Montecito, Los Angeles, CA, 90031 | $999,999 | 3 | 2 | 1,134 | 1,134 SqFt |
| 3754 Mercury Avenue, Los Angeles, CA, 90031 | $998,000 | 4 | 3 | 2,022 | 2,022 SqFt |
| 3928 Berenice Avenue, Los Angeles, CA, 90031 | $999,000 | 2 | 2 | 1,283 | 1,283 SqFt |
| 124 E Avenue 44, Los Angeles, CA, 90031 | $459,900 | 2 | 2 | 838 | 838 SqFt |
| 137 E Avenue 43, Los Angeles, CA, 90031 | $1,295,000 | 4 | 2 | 1,724 | 1,724 SqFt |
| 2617 Sierra Street, Los Angeles, CA, 90031 | $949,900 | 5 | 5 | 3,131 | 3,131 SqFt |
| 2215 Parkside Avenue, Los Angeles, CA, 90031 | $920,000 | 4 | 3 | 2,250 | 2,250 SqFt |
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ByOwner last updated this listing 07/25/2026 @ 18:58
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