2734 N Eastern Ave

One West Group is pleased to present 2734 N.​ Eastern Avenue, a rare owner-user and investment opportunity located in the highly desirable El Sereno submarket of Los Angeles.​ Situated along one of Northeast Los Angeles' most active commercial corridors, this recently renovated retail and creative office property offers investors, entrepreneurs, and owner-users a unique combination of immediate functionality, in-place income, and future development potential.​ The property consists of approximately 840 square feet of commercial improvements situated on a 2, 178 square foot parcel with favorable C4 Neighborhood Commercial zoning.​ Recently remodeled in 2023, the asset is currently configured as a two-tenant building featuring a leased coffee shop generating passive income and a vacant creative office/retail space ideal for an owner-user, boutique retailer, professional office, studio, or service-oriented business.​ The existing tenancy provides an opportunity to offset occupancy costs while maintaining operational flexibility.​ What truly differentiates this offering is the significant underutilization of the site.​ The existing improvements occupy only a portion of the parcel, creating potential for future expansion, additional commercial improvements, or residential development opportunities, subject to buyer verification and municipal approvals.​ This value-add component provides investors with multiple paths to create additional long-term value beyond the existing income stream.​ Strategically positioned between Downtown Los Angeles and the San Gabriel Valley, the property benefits from strong daily traffic counts, excellent visibility, and convenient access to major employment centers, universities, transportation corridors, and surrounding communities including Highland Park, South Pasadena, Alhambra, Monterey Park, Lincoln Heights, and Boyle Heights.​ The continued revitalization of Northeast Los Angeles has driven increasing demand from both business owners and investors seeking well-located assets in supply-constrained urban neighborhoods.​ 2734 N.​ Eastern Avenue represents a compelling opportunity to acquire a highly functional commercial asset with existing cash flow, owner-user flexibility, redevelopment upside, and long-term appreciation potential within one of Los Angeles' most dynamic and evolving neighborhoods.​