Los Angeles, CA 90065,3411 Drew Street
Los Angeles, CA 90065,3411 Drew Street
Los Angeles, CA 90065,3411 Drew Street
Los Angeles, CA 90065,3411 Drew Street
Los Angeles, CA 90065,3411 Drew Street
Los Angeles, CA 90065,3411 Drew Street
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$ 3,000,000
Est. payment | /mo

3 Beds


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$ 3,000,000
Est. payment | /mo
Save

3 Beds

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25174783

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

3411 Drew Street is a 15-unit apartment building located in the quaint neighborhood of Glassell Park. Situated between Glendale and Eagle Rock, the property is in close proximity to a plethora of dining options such as Dunsmoor, The Grant, Solarc Brewing, and Bub and Grandmas Restaurant. In addition, Fairfield Residentials new 370- unit apartment complex (Wylden) is set to begin leasing in the coming months which will ultimately increase the rent ceiling for neighboring owners. The property consists of two (2) one-bedroom units and thirteen (13) two-bedroom units spread across 11,124 rentable square feet. Each unit is separately metered for gas/electric and is allocated one parking space. While the units have been kept in good condition, there is approximately 37% upside in rent that can be achieved as the units turnover. The property is being offered for sale along with the parcel next door that is a 16-unit apartment building.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction west of San Fernando Road

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5459010006

MLS Router / San Diego MLS
Listed by Andres Diaz KELLER WILLIAMS REALTY

GET MORE INFORMATION

Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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3411 Drew Street

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