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Listed by Artak Dovlatyan • Specialized Realty
$1,930,000
Est. payment /mo
2,886 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,886 sqft
Price per Sqft $668
MLS Listing ID CRGD25071063
HOA Y/N No
Year Built 1928
Lot Size 7,445 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Building
Lot Description Sloped Up
Water Public
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613