3636 Eagle Rock Blvd - Apartments FOR SALE


Los Angeles, CA 90065- Atwater Village
$1,095,000 USD
213-233-4379
3636 Eagle Rock Blvd, Los Angeles, CA for Sale
$1,095,000 USD
Apartments - FOR SALE
1/17
null | 5.77% Cap Rate

3636 Eagle Rock Blvd
Los Angeles, CA 90065
Atwater Village


HIGHLIGHTS

  • Eric Dilanian & Patrick Dilanian Present this Triplex with (2) VACANT in Prime Glassell Park
  • Boasting Massive Units with a Single Story Spanish Bungalow (1925) with (3) Bed & 2 Bath's and a Duplex Structure at the Rear of Lot (Built in 1981)
  • Building/ Lot SF: ± 3,172 SF on a ± 7,158 SF Lot Zoned RD1.5-1-CDO
  • Parking: (5) Spaces (Buyer to Verify) with Alley Access
  • Located on one of L.A.’s main corridors, across from neighborhood favorites including The Grant, Dunsmoor, Bub & Grandma’s, and Solarc Brewing
  • Walk Score: of 79 (“Very Walkable”) where most errands can be accomplished on foot

OVERVIEW

Eric Dilanian and Patrick Dilanian of The Dilanian Real Estate Advisors and The Dilanian Commercial Group, as part of RE/MAX Commercial & Investment Realty, are pleased to present for sale this rare 3-unit value-add multifamily property in prime Glassell Park, to be delivered 67% vacant. Offered for the first time in over 51 years, 3636 Eagle Rock Blvd is located on one of L.A.’s main corridors, across from neighborhood favorites including The Grant, Dunsmoor, Bub & Grandma’s, and Solarc Brewing. The property includes a standalone 3-bedroom, 2-bath Spanish bungalow built in 1925, and a rear duplex with two 2-bedroom, 1-bath units built in 1981, and a LAMAR billboard offering additional income. Together, the units total approximately 3,172 square feet on a 7,158 square foot lot with alley access, five tuck-under parking spaces, and zoned RD1.5-1-CDO. The property is surrounded by some of the city’s most desirable neighborhoods — Eagle Rock, Highland Park, Atwater Village, Glendale, Frogtown — and minutes from Silver Lake, Echo Park, and Occidental College. This is a prime opportunity for an investor to renovate two vacant units, explore the potential for 2+ ADUs, or pursue small-lot subdivision (buyer to verify all feasibility). Disclosure: Property is operating as a 3-unit building with 7 bedrooms and 4 bathrooms. ZIMAS indicates 7 bedrooms and 3 bathrooms. Although the rear structure was built in 1981, all three units are subject to Rent Stabilization. Call Broker for details. Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or development feasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

3

PRICE/UNIT

$365,000

CAP RATE

5.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Units | 2 Delivered VACANT | Glassell Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LARD1.5

APN/PARCEL ID

5457-028-018

ASK ABOUT THIS PROPERTY

Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

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Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

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