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
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Assigned, Driveway Up Slope From Street
Parking Spots
3.00
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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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