3415 Drew Street Los Angeles, CA ^$ 3,325,000

3415 Drew Street

^$ 3,325,000

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3415 Drew Street

Los Angeles, CA, 90065

^$ 3,325,000

Studio Baths0.0 Sq 7,245

Monthly Estimate*

^$ 23,226

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,325,000. This 7,245 square foot home was built in 1950 on a lot size of 0.63.

Just Listed: A 12-unit investment opportunity located in the high barrier to entry neighborhood of Glassell Park. The property consists of a couple structures: a 9-unit built in 1950 showcasing 7- 1bedroom units and 2-2bedroom units and a triplex built in 1924 consisting of a studio, 1-bedroom and 2-bedroom unit. The opportunity sits on 27,433 squrae feet of land and due to the zoning and favorable accessory dwelling unit regulations, a new owner may have the ability to build five (5) additional units on the premises (buyer to verify). Lastly, there is assumable JP Morgan Chase financing in the amount of $1,961,750. The fixed interest rate of 3.71% becomes variable in December 2026.

Multi-Family Active

Price

^$ 3,325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.63

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023332767

Features

General

Sewer None

Heating Wall Furnace

Zoning LARD2

Security Features Automatic Gate

Year Built 1950

Levels One

County Los Angeles

Net Operating Income 160799.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area 623 - Glassell Park

Lot Size Square Feet 27433.0

Street Name Drew

Property Condition Updated/Remodeled

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Microwave

Total Stories 1

Heating Y/N Yes

Street Suffix Street

Total Baths 0

Exterior

Lot Size Area 27433.0

Building Area Total 7245.0

Lot Size Acres 0.63

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Andres Diaz

Listing Agent

Keller Williams Downtown La

Broker

Affordability Calculator

$23,226

Per Month

Monthly Principal & Interest: $23,226
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,033,241

Percent of Sale Price 39%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/17/2023	$3,325,000		Listed Price

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3415 Drew Street, Los Angeles, CA, 90065 is a Multi-Family Home for sale at $3,325,000 with 7,245 sqft and a lot size of 0.63. 3415 Drew Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 90065 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3415 Drew Street

Multi-Family Home for sale in Los Angeles, CA

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