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  • 3109 George Street

3109 George Street, Los Angeles, CA 90031

$500,000 Approx. USD 4 beds, 4 baths
2,704 sqft

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Photo of Michael Tunick

Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
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818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Sevak Keshishian | skeshishian@marcusmillichap.com
Lic#: 01887505
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2694

Co Listing Agent


Shara Parseghian | Shara.Parseghian@marcusmillichap.com
Lic#: 01991749
Broker: Courtesy of Marcus & Millichap
Phone: 818-292-2692

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26863525
Price: $500,000
Beds: 4
Baths: 4
Built in 1923
2,704 sqft
2 stories
0.21 acres
Lot size: 0.2066
County: Los Angeles
Zoning: LARD3
Appliances: Refrigerator
Parking description: Private,Uncovered
Heating description: Wall Furnace
MLS area: 677 - Lincoln Hts

Last Updated: 7/24/2026

 Days On Market (DOM): 1

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This listing belongs to the 677 - Lincoln Hts MLS area

Lat/Long: 34.076838, -118.208744.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Michael Tunick

Michael Tunick REALTORĀ® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com
Text Me
Call My Cell
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com

Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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