3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
3361 Fletcher Dr, Los Angeles, CA 90065
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 3,100,000
Est. payment | /mo

0.42 Acres Lot

Save
$ 3,100,000
Est. payment | /mo
Save

0.42 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25055004

HOA Y/N No

Year Built 1938

Lot Size 0.418 Acres

Property Sub-Type Multi Family

Property Description

Located in one of Los Angeles' most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value.
The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area's ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning 1.5

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Carport Spaces 10

Utilities Available Electricity Available

Roof Type Asphalt

Total Parking Spaces 10

Building

Lot Description 6-10 Units/Acre

Story 2

Water Public

Others

Tax ID 5458024012

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by JOHANS LIN Johans Lin, Broker 626-757-3988, DRE #01494840

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.