3260 Drew Street

    Los Angeles (City), CA 90065
    • $985,000
    • STATUS: Active
    • ON SITE: 78 days
    • ID#: 19539004
    UPDATED: 16 min ago
    $985,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own a large triplex on a fully gated lot in red hot Glassell Park. Perfect for an owner/occupant who wants additional income from the other units or the discerning investor looking to maximize potential. 33% RENTAL UPSIDE! On the lower level, the property features two spacious 2 bed, 1 bath units which have been fully renovated with high ceilings, updated kitchens and baths including the owner's unit which will be delivered vacant with a private yard space. A spacious 4 bed/2 bath unit encompasses the entire top floor. Separately metered for electric and gas with coin laundry for additional income & pleasant fruit trees in the yard. The large lot provides plenty of room for parking with an unheard of 10 parking spaces! Located near the Glendale Galleria, The Americana, easy access to freeways, Hollywood, DTLA & minutes from York Blvd & all of the Highland Park

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T14:28:28.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/102216300

    3260 Drew Street Los Angeles (City), CA 90065

    • Price: $985,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 19539004
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1916
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    Incredible opportunity to own a large triplex on a fully gated lot in red hot Glassell Park. Perfect for an owner/occupant who wants additional income from the other units or the discerning investor looking to maximize potential. 33% RENTAL UPSIDE! On the lower level, the property features two spacious 2 bed, 1 bath units which have been fully renovated with high ceilings, updated kitchens and baths including the owner's unit which will be delivered vacant with a private yard space. A spacious 4 bed/2 bath unit encompasses the entire top floor. Separately metered for electric and gas with coin laundry for additional income & pleasant fruit trees in the yard. The large lot provides plenty of room for parking with an unheard of 10 parking spaces! Located near the Glendale Galleria, The Americana, easy access to freeways, Hollywood, DTLA & minutes from York Blvd & all of the Highland Park
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features PrivateSide By SideUncovered Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Community

    Property Features

    Gross Income 76300.00 Gross Multiplier 12.90 Gross Operating Income 76300.00 Laundry YN Yes Net Operating Income 53656.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 33.00 Zoning Lard2

    Listing provided courtesy of Grant Linscott of Keller Williams Realty Los Feliz


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T14:28:28.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003