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Listed by Artak Dovlatyan • Specialized Realty
$1,930,000
Est. payment /mo
7,445 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD25071063
Year Built 1928
Lot Size 7,445 Sqft
Source California Regional MLS
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
Interior
Heating Other
Cooling Window / Wall Unit
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 3.0
Pool None
Building
Lot Description Grade - Sloped Up
Water District - Public
Others
Tax ID 5455003016
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033