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
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$2,175,000

$2,295,000

5.2%
Est.Price: ?

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Est. payment /mo

14 Beds

17 Baths

8,614 SqFt


SOLD DATE : 05/08/2024

Key Details

Sold Price $2,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 8,614 sqft

Price per Sqft $252

MLS Listing ID 24362653

Sold Date 05/08/24

Bedrooms 14

HOA Y/N No

Year Built 1962

Lot Size 0.311 Acres

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.

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning LARD2

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Uncovered

Garage Spaces 6.0

Garage Description 6.0

Parking Type Assigned, Uncovered

Attached Garage Yes

Total Parking Spaces 23

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5458027032

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Dilanian • Remax Commercial and Investment Realty
Bought with Eric Dilanian • Remax Commercial and Investment Realty
agent-avatar

+1(951) 225-2964

dillon@dillonhallrealtor.com

27465 Jefferson Ave, Temecula, California, 92590

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