3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,100,000
Est. payment /mo
0.42 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25055004

HOA Y/N No

Year Built 1938

Lot Size 0.418 Acres

Property Sub-Type Multi Family

Property Description

Located in one of Los Angeles' most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value.
The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area's ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning 1.5

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Carport Spaces 10

Utilities Available Electricity Available

Roof Type Asphalt

Total Parking Spaces 10

Building

Lot Description 6-10 Units/Acre

Story 2

Water Public

Others

Tax ID 5458024012

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by JOHANS LIN Johans Lin, Broker 626-757-3988, DRE #01494840

NEARBY SCHOOL & BUSINESS

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