3318 Drew St - Apartments FOR SALE
Los Angeles, CA 90065 |
3318 Drew St
Los Angeles, CA 90065
HIGHLIGHTS
- 62 Percent of Units Will Be Delivered Vacant, Allowing New Ownership the Opportunity to Immediately Renovate and Re-Tenant the Property
- Separate APN’s Allow a Unique Opportunity for an Investor to Acquire 24 Total Units Without the Required On-Site Management Presence and Expense
- The Government Required Seismic Retrofit Work has Already Been Completed by Current Ownership
- One and Two-Bedroom Units Featuring Spacious Floorplans and Patios (Select Units)
- Surrounded by Neighborhoods such as Silver Lake, Los Feliz, Echo Park, Atwater Village, Eagle Rock, Highland Park, Frogtown, and Mount Washington
- High Potential for ADU Development, that Allows for Six Potential Attached ADUs (25% of Existing Units) - Buyer to Verify
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
24 Units in Glassell Park: 15 Units Vacant
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
16361
STORIES
2
YEAR BUILT
1959
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5458-025-012,5458-025-013
