Specialized Realty proudly presents the sale of 3216 3218 Division St., an updated and fully leased 6-unit income property comprised of 3 separate buildings. Located in the highly coveted renters pocket of Glassell Park, it is an amazing investment opportunity to acquire a property strategically nestled between Eagle Rock, Atwater Village, minutes away from Dodger Stadium and DTLA! The property consists of five (5) 1bd/1ba units and one (1) 2bd/1ba unit covering 2,886 SF of total building area on a sizeable 7,443 SF lot Zoned RD2-1. Current gross rents total $12,151/mo, with 5 out of 6 tenants paying market value. This is a great opportunity to acquire an income property in an emerging market, priced to sell for only $321,667 a door.
Features
5 bedrooms
4 bathrooms
crop_free0.17 ac. lot size
cottageMulti-Family
Property history for 3216 Division Street
2022
Sold
$1,150,000
25 Feb 2022 by Aurora Gim, of Expert Real Estate
Happy sellers in Los Angeles
95%
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95% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.
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Local market activity for 5 bedroom multi families in Los Angeles
Sold
For Sale
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