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3347 Division St
Los Angeles, CA 90065
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Strong In-Place Income
- Nature Views Overlooking Mt. Washington and Elyria Canyon Park
- Ability to Add 4 ADUS with SB1211
- Ideal Entry-Level or Add-On Investment
EXECUTIVE SUMMARY
We are pleased to present 3347 Division Street in Los Angeles, CA, a four-unit apartment building offering strong in-place income, long-term rental upside, and potential ADU development with SB1211. The property features a unit mix of two two-bedroom units and two onebedroom units. Located in the Glasell Park neighborhood of Northeast Los Angeles, the asset boasts scenic nature views overlooking Mt. Washington and Elyria Canyon Park, with immediate access to outdoor recreation, canyon trails, and neighborhood parks. Conveniently positioned near local retail, dining, and major freeways, this property offers a compelling combination of income stability, future upside, and lifestyle-driven tenant demand. For more information, please reach out.
PROPERTY FACTS
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.15% | Building Size | 3,722 SF |
| Gross Rent Multiplier | 13.93 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | ||
| Zoning | LAR2 | ||
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 4.15% |
| Gross Rent Multiplier | 13.93 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,722 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | LAR2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,920 | 931 |
| 2+1 | 2 | $1,921 | 931 |
PROPERTY TAXES
| Parcel Number | 5456-017-019 | Improvements Assessment | $497,918 |
| Land Assessment | $741,465 | Total Assessment | $1,239,383 |
PROPERTY TAXES
Parcel Number
5456-017-019
Land Assessment
$741,465
Improvements Assessment
$497,918
Total Assessment
$1,239,383
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