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

3304 Pepper Avenue, Los Angeles, California 90065 home-pic-0
ACTIVE$850,000
3304 Pepper Avenue, Los Angeles, California 90065
0Bed
0Bath
7,632Sqft
5,621Lot
Year Built
1914
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$111
HOA
-
Days on market
-
Sold On
-
MLS number
PW25272591
Home ConditionPoor
Features
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
12/08/25
Listing
$850,000
Condition Rating
Poor

Built in 1914, this property is 110 years old. The exterior images show a very aged building with visible wear and tear, consistent with its age and suggesting a lack of recent major updates. The listing description and property analysis explicitly mention 'Advanced Age & Potential for Extensive Upgrades' and that it 'likely requires significant investment in updating systems (electrical, plumbing, HVAC) and general renovations to meet modern standards and maximize rental value.' Without interior images, it's impossible to assess the specific condition of kitchens, bathrooms, or other internal features, but given the age and the stated need for 'significant investment' and 'extensive upgrades,' the property clearly requires substantial repairs and rehabilitation to bring it to a modern, comfortable standard. It falls into the 'poor' category as it needs major system replacements and extensive renovations, but is not explicitly stated to be beyond repair or a pure land play.
Pros & Cons

Pros

Mixed-Use Income Streams: The property features two commercial units and five residential apartments, providing diversified income sources and mitigating vacancy risk.
High Investment Potential: Explicitly marketed as an 'incredible investment opportunity' with 'significant income potential' in a rapidly growing and desirable area.
Prime & Dynamic Location: Situated in 'vibrant Cypress Park,' a 'highly sought-after' neighborhood with excellent visibility, foot traffic, and proximity to popular attractions and amenities.
Excellent Accessibility: Benefits from 'easy access to major freeways' and 'public transportation,' enhancing appeal for both commercial and residential tenants.
Historic Charm & Character: Built in 1914, the property offers a 'unique blend of historic charm' which can be a desirable aesthetic for tenants and businesses.

Cons

Advanced Age & Potential for Extensive Upgrades: Built in 1914, the property likely requires significant investment in updating systems (electrical, plumbing, HVAC) and general renovations to meet modern standards and maximize rental value.
High Management Complexity: Managing seven distinct units (two commercial, five residential) demands considerable time, effort, or the expense of professional property management.
Unspecified Current Condition & Occupancy: The description lacks details on the current state of individual units, existing leases, or occupancy rates, making it difficult for investors to immediately assess cash flow and required capital expenditures.

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