3429 Andrita Street, Los Angeles, CA 90065
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Sold Price :
$2,175,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1962
Property Description
We are pleased to present for sale this rare (17) Unit mid-century investment opportunity in one of LA's most up and coming locations Glassell Park! This opportunity is offered for sale for the first time in nearly 50 years and priced at $135K/Unit! The building was constructed in 1962, situated on an expansive lot size of 13,530 SF, boasting a robust unit mix of 10 (1) Bedroom and (1) Bathroom Units, 2 (2) Bedroom and (1) Bath Units, and Five Studio Units. It is encompassed by a total building Square Footage of 8,614. The property is extremely well parked, with (6) enclosed garage spaces, and (17) surface spaces available. The investment is poised for an astute investor looking to add value by immediately adding up to (4) ADU Units by right (or possible additionally) with a total up-side potential of approximately 135%. Buyer to verify feasibility of adding ADU's. The subject property is zoned RD2-1-CDO-HCR with Soft-Story Retrofit Completed, and Certificate of Compliance Dated 06/03/2022. The property is strategically located in the epicenter of North East LA's Hotspots of Glassell Park, Atwater Village, Highland Park, Eagle Rock, and within minutes to Glendale's famous Americana at Brand! 3429 Andrita Street is considered "Somewhat Walkable" with a walk score of (57), where some errands can be accomplished on foot. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
3429 Andrita Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90065 |
| County |
Los Angeles |
| Listing Agent |
Eric Dilanian DRE #01951699 |
| Courtesy Of |
Remax Commercial and Investment Realty |
| Close Price |
$2,175,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
13,530 |
| Year Built |
1962 |
Listing information courtesy of: Eric Dilanian, Remax Commercial and Investment Realty. *Based on information from the Association of REALTORS/Multiple Listing as of May 8th, 2024 at 9:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
