Los Angeles, CA 90065,3301 Division St
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Los Angeles, CA 90065,3301 Division St
Los Angeles, CA 90065,3301 Division St
Los Angeles, CA 90065,3301 Division St
Los Angeles, CA 90065,3301 Division St
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Cristian Farias

Cristian Farias

Engel & Völkers

+1(619) 808-6567
$ 3,250,000
Est. payment /mo
Active

3301 Division St Los Angeles, CA 90065

5,051 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,051 sqft

Price per Sqft $643

MLS Listing ID 25566631

Style Traditional

Year Built 1926

Lot Size 10,462 Sqft

Acres 0.2402

Property Sub-Type Multi-Family

Property Description

Set on a high-visibility corner in the heart of Northeast Los Angeles, 3301 Division Street offers a rare and compelling mixed-use investment opportunity at the intersection of Division Street and Glassen Place. Spanning approximately 10,475 square feet of land, the property features 7,630 square feet of existing improvements and a diverse unit mix, including retail storefronts, office space, residential apartments and free-standing residential bungalows. Zoned LAC1 and located within the Mount Washington Glassell Park Specific Plan, this property offers both strong in-place income and significant development upside. Currently generating $13,669 per month, with projected pro forma rents indicating more than 30% rental growth, the site is ideal for investors or developers seeking long-term value in a rapidly appreciating market. Preliminary architectural studies envision several development scenarios ranging from new residential over parking to live/work layouts and affordable housing components that could unlock increased density and reduced parking requirements. With excellent street presence, flexible zoning, and close proximity to the emerging corridors along Cypress Avenue and San Fernando Road, 3301 Division Street is a standout opportunity in one of LA's most dynamic, high-growth neighborhoods.

Location

State CA

County Los Angeles

Area Glassell Park

Zoning LAC1

Rooms

Other Rooms None

Interior

Heating Other

Cooling Wall Unit(s)

Flooring Mixed

Equipment Other

Exterior

Parking Features Carport

Garage Spaces 2.0

View Y/N No

View None

Building

Story 2

Water Public

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard

Virtual Tour https://youtu.be/u8_5ZpCBuPU


TheMLS (CLAW)
Listed by Sotheby's International Realty
Cristian Farias

Cristian Farias

Advisor

+1(619) 808-6567

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3301 Division St