Back 3109 George Street
Off Market

3109 George Street

Los Angeles CA 90031

4
4
5
2704 sq. ft.
9000 sq. ft.
Other
Last sold for $480,000
Sevak KeshishianSevak Keshishian, last sold this property on 21 August 2026 after 27 days on market.

Overview

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.

Features

4 bedrooms
4 bathrooms
5 carspaces
5 open car spaces
2704 sq. ft. floor area
9000 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 4 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 3109 George Street

2026
Sold
$480,000
21 Aug 2026 by Sevak Keshishian, of Marcus & Millichap

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 4 bedroom other properties in Los Angeles

In the last 12 months, 2 four-bedroom other properties similar to 3109 George Street, have been sold.

This represents a 200% decrease in four-bedroom other properties sales when compared to the previous 12 months.

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