$3,100,000
FOR SALEActive3361 Fletcher Dr
Los Angeles CA 90065
5,283
SF
Multi-Family
Type
1938
Built
$587/SF
Cost/SF
Listing Agent
Wen Lee
DRE #: 02106245
Brokerage: WeTrust Realty
Location Analysis
About This Property
Located in one of Los Angeles’ most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value. The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area’s ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
1.5
Zoning
0.4178 acres
Lot Size
10
Total Units
5,283 SF
Square Footage
$586.79/SF
Price per SF
1,938
Year Built
2
Stories
10
Parking Total
1.89
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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