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Listed by JOHANS LIN • Johans Lin, Broker
$ 3,580,000
Est. payment /mo
Active
3361 Fletcher Dr Los Angeles, CA 90065
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS-25055004
Year Built 1938
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 - Glassell Park
Zoning 1.5
Interior
Heating Wall Furnace
Laundry None
Exterior
Utilities Available Electricity Available
Building
Lot Description 6-10 Units/Acre