801 N Marianna Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 3 bath
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801 N Marianna Avenue
Los Angeles, California 90063
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,920Sq Ft
4,657Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,023,264
7% AboveMARKET VALUE
SUMMARY
This Mixed-Use Commercial/Residential Asset represents a Strong Value Opportunity, listed at $1,100,000—positioned well above the $1,023,264 Fair Market Value by -7%. Featuring a Condition Rating of 4, the property offers diversified revenue through an established grocery market and two updated residential units. With City Lights and Hill Views, this century-old building provides a stable, cash-flow-positive foundation for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, multi-income property in a growing Los Angeles corridor.
Estimated Market Value
$1,023,264
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1924, this century-old mixed-use property is functional but dated. While the listing mentions updates, the residential kitchen shows older painted cabinetry and basic appliances that likely exceed the 15-30 year renovation window for a higher rating. The exterior and visible utility meters suggest aging systems that will eventually require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Diversified Income Streams
This mixed-use asset provides a robust investment profile by combining a cash-flow positive commercial grocery market with two updated residential rental units, mitigating risk through multiple revenue channels.
- Established Commercial Value
The ground-floor business has a decades-long operational history and includes valuable alcohol licenses, offering a stable and proven commercial anchor for the property.
- Turnkey Residential Units
The two second-floor 1-bedroom units have been recently updated and are currently on month-to-month leases, providing immediate rental income with the flexibility to adjust to market rates.
CONSRISKS & DEFICIENCIES
- Century-Old Construction
Built in 1924, the property may necessitate higher long-term maintenance budgets and potential capital expenditures for aging structural or utility systems typical of vintage Los Angeles buildings.
- Management Intensity
Operating a mixed-use property with a retail component and residential tenants requires more complex management and regulatory compliance than a standard residential investment.
About 801 N Marianna Avenue
Great Investment Opportunity! Mixed-Use Property with Multiple Income Streams! Excellent opportunity to own a mixed-use commercial and residential property in Los Angeles featuring both established retail space and residential rental income. The second floor includes two 1-bedroom, 1-bathroom units, currently rented on a month-to-month basis. Both units have been updated and feature kitchens with dedicated dining areas. The ground floor features a fully operational neighborhood grocery market that has been in business for decades, along with a full bathroom and an additional room. The business is cash-flow positive and operates with one alcohol license. Seller may consider selling the grocery business separately for the right price. Additional features include a covered patio area and parking for multiple vehicles. Multiple income streams. One property. Tremendous investment potential. Located in a growing area of Los Angeles with convenient access to major freeways.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1924
- Lot Size
- 4,657 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 11.0 |
| Baths | 3.0 | 5.7 |
| Square foot | 1,920 | 4,165.789 |
| Lot Size | 4,657 | 6,696 |
| Price | $1.10M | $956.9K |
| Price per sq ft | $573 | $273 |
| Built year | 1924 | 1937 |
| HOA | $0 | $907 |
| Days on market | 77 | 134 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,100,000
Initial Listing
Sold
Feb 23, 2005
$239,000
Public Record