3411 Drew Street Los Angeles, CA $ 3,000,000
3411 Drew Street
$ 3,000,000
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3411 Drew Street

Los Angeles, CA, 90065
$ 3,000,000
Baths1.0 Sq 11,124

Monthly Estimate*

$ 18,716

Listed by KELLER WILLIAMS REALTY
3411 Drew Street, Los Angeles, CA 90065 - Image 1
3411 Drew Street, Los Angeles, CA 90065 - Image 2
3411 Drew Street, Los Angeles, CA 90065 - Image 3
3411 Drew Street, Los Angeles, CA 90065 - Image 4
3411 Drew Street, Los Angeles, CA 90065 - Image 5
3411 Drew Street, Los Angeles, CA 90065 - Image 6
3411 Drew Street, Los Angeles, CA 90065 - Image 7
3411 Drew Street, Los Angeles, CA 90065 - Image 8
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,000,000 with 1 full bath. This 11,124 square foot home was built in 1961 on a lot size of 0.3107.

3411 Drew Street is a 15-unit apartment building located in the quaint neighborhood of Glassell Park. Situated between Glendale and Eagle Rock, the property is in close proximity to a plethora of dining options such as Dunsmoor, The Grant, Solarc Brewing, and Bub and Grandma’s Restaurant. In addition, Fairfield Residential’s new 370- unit apartment complex (Wylden) is set to begin leasing in the coming months which will ultimately increase the rent ceiling for neighboring owners. The property consists of two (2) one-bedroom units and thirteen (13) two-bedroom units spread across 11,124 rentable square feet. Each unit is separately metered for gas/electric and is allocated one parking space. While the units have been kept in good condition, there is approximately 37% upside in rent that can be achieved as the units turnover. The property is being offered for sale along with the parcel next door that is a 16-unit apartment building.

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Multi-Family Active

Price

$ 3,000,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3107

Year Built

1961

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV25174783

Days on Market

140

Features
General
Sewer Public Sewer
Zoning LARD2
Garage Spaces 0
Pool Features None
Year Built 1961
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 270661
Community Features Sidewalks
County Los Angeles
Net Operating Income 136875
Operating Expense 95088
Insurance Expense 10500
New Construction false
Property Type Residential Income
MaintenanceExpense 10500
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions west of San Fernando Road
City Los Angeles
Entry Location 2
Senior Community Y/N false
Number Of Units Total 15
MLS Area 623 - Glassel Park
Lot Size Units Square Feet
Lot Size Square Feet 13533
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1851
Fuel Expense 0
Trash Expense 15526
Water Sewer Expense 19250
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 31
Property Sub Type Additional Apartment
Taxes 35991
Cap Rate 4.56
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 2
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Exterior
Lot Features Front Yard
Water Source Public
Total Parking 0
Lot Size Area 13533
Number of Buildings 1
Building Area Total 11124
Lot Size Acres 0.3107
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 15
Number of Separate Electric Meters 15
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* Excluded Features
List By
Keller Williams Realty

Broker

andres.diaz@kw.com

Email

Affordability Calculator

$18,716
Per Month
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Monthly Principal & Interest
$18,716
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,000,000 Listed Price

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3411 Drew Street, Los Angeles, CA, 90065 is a Multi-Family Home for sale at $3,000,000 with 11,124 sqft and a lot size of 0.3107. 3411 Drew Street is a studio with 1.0 baths and was built in 1961. The property's zip code is 90065 which is in Los Angeles, CA