3429 Andrita St Los Angeles, CA 90065

Price
$2,295,000
Listed On
Type
For Sale
Status
Active
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
3429 Andrita St, Los Angeles, CA 90065
14 Beds
8614 sqft
Asking  $2,295,000

Snapshot

Property Type
Other
Lot Size
0.31 acres
Property Sqft
8,614
MLS Number
24-362653
Year Built
1962
Days On Market

Description

** 305,000 Price Reduction ** 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.

More Details

Provider
RE/MAX Commercial & Investment
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
24-362653
Source
listhub
PARTICIPANT
Name
Eric Dilanian
Primary Phone
(213) 817-1000
Key
3YD-CLAWCA-C121211
Email
ericdilanian@remaxcir.com
BROKER
Name
RE/MAX Commercial & Investment
Phone
(310) 802-2500
OFFICE
Name
Remax Commercial and Investment Realty
Phone
(213) 817-1000
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Price Changed$2,295,000 -11.73%$266Remax Commercial and Investment Realty
Listed For Sale$2,600,000 $302Remax Commercial and Investment Realty
Report issue with price history

Nearby Schools

Elementary School

Fletcher Drive Elementary

0.1 miles awayKG - 05

Middle School

Washington Irving Middle

0.3 miles away06 - 08

Middle School

California Academy For Liberal Studies

0.5 miles away06 - 08
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Get more info on 3429 Andrita St, Los Angeles, CA 90065
Profile
Eric Dilanian
Listing Agent
(213) 817-1000
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Eric Dilanian
Listing Agent
(213) 817-1000
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.