3411 Drew Street, Los Angeles, CA 90065 - MLS#CV25174783

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$3,000,000

Est. payment - /mo

3 Beds

2 Baths

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UPDATED:

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

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Listed by Andres Diaz KELLER WILLIAMS REALTY

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

3411 Drew Street Los Angeles, CA 90065

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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