3411 Drew Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90065
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,124 sqft
Price per Sqft $269
MLS Listing ID CV-25174783
Year Built 1961
Lot Size 0.311 Acres
Property Sub-Type Apartment
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 Grandma's Restaurant. In addition, Fairfield Residential's 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
Area 623 - Glassell Park
Zoning LARD2
Interior
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks
Building
Lot Description Front Yard
Sewer Public Sewer