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3243 Drew St
Los Angeles, CA 90065
Land For Sale
·
0.26 AC
Investment Highlights
- Opportunity to build 5 small lot homes in Glassell Park (zoned RD2-1-CDO)
- Located in an Opportunity Zone
- Existing improvements include a vacant single-family home, garage shed and small filled pool
- Large 11,111 SF lot (50' X 220')
- Minutes away from the LA River Revitalization Project
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.26 AC |
| Zoning | LARD2-1-CDO | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.26 AC |
| Zoning | LARD2-1-CDO |
Description
3243 Drew Street is located in the rapidly growing Northeast LA neighborhood of Glassell Park and adjacent to the new LA River Wetlands Project. The offering consists of a VACANT single-family home, garage and small-filled pool on a massive 11,111 SF lot zoned RD2-1-CDO. The land measures 50' X 220', making it a perfect candidate to subdivide into 5 small-lot homes. The parcel is also located in an Opportunity Zone, which qualifies the Owner for a special tax incentive program.
Property Taxes
| Parcel Number | 5458-015-040 | Improvements Assessment | $127,500 |
| Land Assessment | $1,147,500 | Total Assessment | $1,275,000 |
Property Taxes
Parcel Number
5458-015-040
Land Assessment
$1,147,500
Improvements Assessment
$127,500
Total Assessment
$1,275,000
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