3304 Pepper Avenue, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath

3304 Pepper Avenue, Los Angeles, California 90065 home-pic-0
ACTIVE$1,100,000
3304 Pepper Avenue, Los Angeles, California 90065
0Bed
0Bath
7,632Sqft
5,621Lot
Year Built
1914
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$144
HOA
-
Days on market
-
Sold On
-
MLS number
PW25080710
Home ConditionFair
Features
Good View: None
View-

About this home

We found 3 Cons,5 Pros.

Discover an incredible investment opportunity in the heart of vibrant Cypress Park! This versatile property features two commercial units at street level, perfect for retail, office, or creative space, offering excellent visibility and foot traffic along Cypress Ave. Above the commercial spaces, you’ll find five residential apartments. The apartments boast a mix of layouts and size. Located in the highly sought-after Cypress Park neighborhood, this property benefits from a thriving local community and proximity to some of Los Angeles’ most exciting attractions. Just minutes away, enjoy the eclectic shops, trendy cafés, and popular eateries of Highland Park, Frogtown, and Glassell Park. Outdoor enthusiasts will love the nearby Los Angeles River Bike Path and access to sprawling parks like Elysian Park and Rio de Los Angeles State Park. With a unique blend of historic charm and a rapidly emerging cultural scene, Cypress Park is quickly becoming one of the city’s most desirable places to live, work, and play. With easy access to major freeways, public transportation, and a steady influx of creative professionals and young families, this multi-use property is ideally positioned to capitalize on the area’s continued growth. A rare find with significant income potential, this is a must-see for savvy investors looking to secure a cornerstone in one of Los Angeles’ most dynamic neighborhoods!

Nearby schools

2/10
Aragon Avenue Elementary School
Public,K-50.3mi
4/10
Loreto Street Elementary School
Public,K-50.5mi
2/10
Hillside Elementary School
Public,K-50.7mi
7/10
Dorris Place Elementary School
Public,K-60.9mi
4/10
Glassell Park Elementary School
Public,K-61.2mi
3/10
Albion Street Elementary School
Public,K-61.5mi
5/10
Florence Nightingale Middle School
Public,6-80.4mi
6/10
Irving STEAM Magnet
Public,6-82.1mi
5/10
Abraham Lincoln Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
04/12/25
$1,100,000
Condition Rating
Fair

The property was built in 1914 and appears to have had some upkeep, but it's likely that the kitchens and bathrooms are outdated. The images show the exterior of the building, which appears to be maintained but not recently renovated. Given the age, it likely requires updates to the residential units.
Pros & Cons

Pros

Income Potential: The property features two commercial units and five residential apartments, providing a diversified income stream.
Prime Location: Located in the desirable Cypress Park neighborhood, benefiting from a thriving community and proximity to Highland Park, Frogtown, and Glassell Park.
High Visibility: The commercial units offer excellent visibility and foot traffic along Cypress Ave, ideal for retail or office space.
Accessibility: Easy access to major freeways and public transportation, facilitating convenient commutes for residents and customers.
Emerging Market: Cypress Park is a rapidly growing area with a unique blend of historic charm and a burgeoning cultural scene, attracting creative professionals and young families.

Cons

Age of Property: Built in 1914, the property may require ongoing maintenance and potential upgrades to meet modern standards.
Potential Renovation Costs: Depending on the condition of the units, renovations may be necessary to maximize rental income and attract quality tenants.
Lot Size: The lot size is relatively small, which may limit future expansion or development opportunities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state