3216 3218 Division ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90065
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25071063
Year Built 1928
Lot Size 7,444 Sqft
Property Sub-Type Quadruplex
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
Zoning LARD2
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Assigned,Driveway Up Slope From Street
Pool None
Community Features Sidewalks
Building
Lot Description Sloped Up
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard