Closed Listing
Develop 5 Small Lot Homes in Glassell Park
3243 drew
sold in
Glassell Park
Sold At
$
1,400,000
1
Number of Units
1940
Year Built
1,613
SF
Square Footage
11,111
SF
Lot Size
RD2-1-CDO
Zoning
3243 Drew St, Los Angeles, CA 90065
About the Property
3243 Drew Street is located in the rapidly growing Northeast LA neighborhood of Glassell Park and adjacent to the new LA River Wetlands project. The property consists of a VACANT Single Family Home on a massive 11,111 Sq Ft lot zoned RD2-1-CDO. The land measures 50' x 220' making it a perfect candidate to subdivide into 5 Small Lot Homes. The parcel is also located in an Opportunity Zone which qualifies the Owner for a special tax incentive program. Represented both Buyer and Seller in this off-market transaction.
1
Number of Units
1940
Year Built
1,613
SF
Square Footage
11,111
SF
Lot Size
RD2-1-CDO
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$392,000
Price p/ Sq. ft.
$867
Proforma Cap Rate
N/A
Contact
Sales agent
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