3151 W Avenue 32, Los Angeles, CA 90065
3151 W Avenue 32, Los Angeles, CA 90065
3151 W Avenue 32, Los Angeles, CA 90065
3151 W Avenue 32, Los Angeles, CA 90065
3151 W Avenue 32, Los Angeles, CA 90065
3151 W Avenue 32, Los Angeles, CA 90065
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Listed by Adrian Padilla, DRE #01486296 • Keller Williams Exclusive Properties
$ 1,999,999
Est. payment | /mo

10,024 Sqft Lot


Save
$ 1,999,999
Est. payment | /mo
Save

10,024 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26180485

Style Spanish

Year Built 1923

Lot Size 10,024 Sqft

Source California Regional MLS

Property Description

Irreplaceable 7-Unit Glassell Park Corner lot 3 building Compound Rare 7-unit multifamily compound consisting of three separate buildings on a prominent corner lot at Avenue 32 and Andrita Street in Glassell Park. The key investment story is the density. Zoned LARD2, the property's existing seven-unit configuration exceeds what could typically be recreated under current zoning, creating a scarce legal non-conforming asset in a supply-constrained Northeast Los Angeles submarket. California ADU laws may also provide additional upside through conversion of existing garage or storage space, subject to buyer verification. The property includes a 1920s Spanish duplex with two large one-bedroom townhouse-style units; a 1958 fourplex with three one-bedroom units, one large two-bedroom unit, and four single-car garages; and a detached 1920s two-bedroom bungalow with private garden, patio, and two-car garage. Long-term ownership has maintained the property while preserving meaningful value-add opportunity through future unit renovations. Each unit is separately metered for gas and electric with individual water heaters. On-site laundry provides additional income. Six garages plus surface parking, multiple structures, strong existing density, in-place income, and a desirable Glassell

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Interior

Heating 13

Laundry Laundry Area

Exterior

Garage Spaces 6.0

Pool 31, None

View Local/Neighborhood

Roof Type Other,Rolled Composition,Composition

Building

Foundation Combination

Water District - Public

Architectural Style Spanish

Others

Tax ID 5458016032

MLS Listing IDX PLUS
John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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3151 W Avenue 32