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.
Property Details
Price:
$1,930,000
MLS #:
GD25071063
Status:
Active
Baths:
0
Address:
3216 Division Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
623glasselpark
City:
Los Angeles
Listed Date:
Apr 1, 2025
State:
CA
ZIP:
90065
Lot Size:
7,445 sqft / 0.17 acres (approx)
Year Built:
1928
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
See Remarks
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
Up Slope from Street
Parking Features
Assigned, Driveway Up Slope From Street
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, Sewer
Map
Community
- Address3216 Division Street Los Angeles CA
- Area623 – Glassel Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90065
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3216 Division Street
Los Angeles, CA
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