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3301 Division Street, Los Angeles, CA 90065
Priced at Only: $3,250,000
For more Information Call Mobile: 714.478.6676
Address: 3301 Division Street, Los Angeles, CA 90065
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  • MLS#: 25566631 ( )
  • Street Address: 3301 Division Street
  • Viewed: 3
  • Price: $3,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Days On Market: 96
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90065
  • Provided by: Sotheby's International Realty
  • Contact: Allen Allen
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Set on a high visibility corner in the heart of Northeast Los Angeles, 3301 Division Street offers a rare and compelling mixed use investment opportunity at the intersection of Division Street and Glassen Place. Spanning approximately 10,475 square feet of land, the property features 7,630 square feet of existing improvements and a diverse unit mix, including retail storefronts, office space, residential apartments and free standing residential bungalows. Zoned LAC1 and located within the Mount Washington Glassell Park Specific Plan, this property offers both strong in place income and significant development upside. Currently generating $13,669 per month, with projected pro forma rents indicating more than 30% rental growth, the site is ideal for investors or developers seeking long term value in a rapidly appreciating market. Preliminary architectural studies envision several development scenarios ranging from new residential over parking to live/work layouts and affordable housing components that could unlock increased density and reduced parking requirements. With excellent street presence, flexible zoning, and close proximity to the emerging corridors along Cypress Avenue and San Fernando Road, 3301 Division Street is a standout opportunity in one of LA's most dynamic, high growth neighborhoods.
Features
Architectural Style
  1. Traditional
Building Area Total
  1. 5051.00
Country
  1. US
Levels
  1. Two
Netoperatingincome
  1. 131628.00
Parcel Number
  1. 5456017001
Parking Features
  1. Carport
Postalcodeplus4
  1. 2701
Sourcesystemkey
  1. 25566631:CLAW
Totalexpenses
  1. 32400.00
View
  1. None
Virtual Tour Url
  1. https://youtu.be/u8_5ZpCBuPU
Year Built
  1. 1926
Zoning
  1. LAC1
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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