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Bryan Garrity

bryan.garrity@engelvoelkers.com +1(858) 525-3202

$ 1,930,000

Est. payment -/mo

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New

3216 3218 Division ST Los Angeles, CA 90065

7,444 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25071063

HOA Y/N No

Year Built 1928

Lot Size 7,444 Sqft

Property Sub-Type Quadruplex

Property Description

Specialized Realty proudly presents the sale of 3216 – 3218 Division St., an updated and fully leased 6-unit income property comprised of 3 separate buildings. Located in the highly coveted renter's pocket of Glassell Park, it is an amazing investment opportunity to acquire a property strategically nestled between Eagle Rock, Atwater Village, minutes away from Dodger Stadium and DTLA! The property consists of five (5) 1bd/1ba units and one (1) 2bd/1ba unit covering 2,886 SF of total building area on a sizeable 7,443 SF lot Zoned RD2-1. Current gross rents total $12,151/mo, with 5 out of 6 tenants paying market value. This is a great opportunity to acquire an income property in an emerging market, priced to sell for only $321,667 a door.

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning LARD2

Interior

Heating See Remarks

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Assigned, Driveway Up Slope From Street

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description Sloped Up

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5455003016

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Artak Dovlatyan • Specialized Realty • 818-546-1212

Bryan Garrity

Advisor | License ID: 01501862

+1(858) 525-3202

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