3301 Division St - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90065- Glassell Park
$3,250,000 USD
310-387-7087
3301 Division St, Los Angeles, CA for Sale
$3,250,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 4.05% Cap Rate

NEW


3301 Division St
Los Angeles, CA 90065
Glassell Park


HIGHLIGHTS

  • Prime corner lot in Northeast LA with excellent visibility at Division St & Glassen Pl
  • Mixed-use property with retail, office, apartments, and detached bungalows on a 10,475 SF lot
  • Zoned LAC1 with strong in-place income and 30%+ projected rental upside
  • Development potential with preliminary studies exploring residential, live/work, and affordable housing options
  • Located in a rapidly growing area near Cypress Ave and San Fernando Rd with flexible zoning and long-term value

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$643 USD /SF

CAP RATE

4.05%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

LAC1

APN/PARCEL ID

5456-017-001

ASK ABOUT THIS PROPERTY

Allen RothSotheby's International Realty LLCMore Info
310-387-7087

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Allen RothSotheby's International Realty LLCMore Info
310-387-7087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.