3340 N Eastern, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 2 bath
Loading property details...
3340 N Eastern
Los Angeles, California 90032
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,216Sq Ft
3,482Lot Size
Property Price
LIST PRICE$680,000
EST. MARKET VALUE
$680,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $680,000, positioned well below the $680,000 Fair Market Value (reflecting a stable entry point following a $145,000 total price reduction). Featuring a Fair Condition Rating (5/10), the residence requires comprehensive modernization, yet its Commercial/Residential Zoning offers significant upside for developers. With a 3,482 sq. ft. lot in an evolving neighborhood, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to capture value through strategic renovation and structural expansion.
Estimated Market Value
$680,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3340 N Eastern Subject 3 bd · 2 ba · 1,216 sqft · $559 | $680,000* List Price | 3 | 2 | 1,216 | $559 | - |
A 2611 Lombardy Sold 2 bd · 1 ba · 1,118 sqft · $671 · 0.6 mi | $750,000 | 2 | 1 | 1,118 | $671 | 0.6 mi |
B 2821 N Hollister Avenue Active 3 bd · 1 ba · 1,144 sqft · $608 · 0.7 mi | $695,000 List Price | 3 | 1 | 1,144 | $608 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922 with no evidence of recent renovations. The interior features highly dated wood paneling, acoustic ceiling tiles, and a mid-century style bathroom. Systems appear aged with visible wall heaters and older electrical components, indicating the property needs a comprehensive rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Zoning Potential
The property is situated in a commercial/residential zoning area, offering unique flexibility for mixed-use development, home-based businesses, or income-generating opportunities.
- Strategic Location
Located in the evolving El Sereno neighborhood, the home provides excellent proximity to Downtown Los Angeles, major freeways, and local amenities, making it ideal for commuters.
- Significant Price Improvement
A substantial $95,000 recent price reduction, totaling a $145,000 drop from the original list price, positions the property as a high-value opportunity for investors and developers.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With 149 days on the market, the property may carry a perceived stigma, suggesting that previous pricing or underlying condition issues have deterred potential buyers.
- Age and Renovation Requirements
Built in 1922, the residence likely requires significant modernization and structural updates to meet current standards, necessitating a substantial additional capital investment.
About 3340 N Eastern
*********MAJOR $95,000 PRICE IMPROVEMENT!!!!********** Discover the potential of this charming 1922 residence located in the highly desirable El Sereno neighborhood of Los Angeles. Situated on a 3,482 sq. ft. lot, this 3-bedroom, 2-bathroom home offers approximately 1,216 sq. ft. of living space and presents an exceptional opportunity for homeowners, investors, or developers alike. Positioned in a commercial/residential zoning area, this property offers a variety of possibilities and future potential. Whether you are looking to renovate, expand, create an income-producing opportunity, or customize a home to your vision, the possibilities are abundant. Conveniently located near major freeways, shopping, dining, and Downtown Los Angeles, this property combines location, character, and opportunity in one unique offering. A rare chance to own in one of Northeast LA’s evolving communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 3,482 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,670.836 |
| Lot Size | 3,482 | 6,152.156 |
| Price | $680.0K | $1.34M |
| Price per sq ft | $559 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 182 | 56 |
Pricing History
Listed for Sale
Oct 7, 2026
$680,000
$775,000
-12% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$775,000
$795,000
-3% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$795,000
$825,000
-4% Price Drop
Initial Listing
Price Change
May 11, 2026
$825,000
Initial Listing