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
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
Property Details
Price:
$3,380,000
MLS #:
WS25055004
Status:
Active
Beds:
0
Baths:
0
Address:
3361 Fletcher Dr
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
623glasselpark
City:
Los Angeles
Listed Date:
Apr 1, 2025
State:
CA
Total Sq Ft:
5,283
ZIP:
90065
Lot Size:
18,200 sqft / 0.42 acres (approx)
Year Built:
1938
Schools
Interior
Heating
W L
Laundry Features
N O
Exterior
Construction Materials
S T C
Parking Spots
10
Roof
A S P
Financial
Map
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Courtesy of Johans Lin, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 3361 Fletcher Dr
Los Angeles, CA
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