$1,350,000

3119 Andrita Street, Glassell Park, CA 90065

8,961

Lot Size

Listing Agent
Elizabeth Maddox - The 2-4 Unit Specialists

3119 Andrita St is a massive (8,961 square foot) LARD2 lot 5 minutes from the heart of trendy Atwater Village that will be delivered with RTI plans! This SB-8 EXEMPT, NON RENT-CONTROLLED project (ultra-rare!) has approved plans for: three 4 bedroom units, one 3 bedroom house remodel (which will save major costs on the build), a detached 3 bedroom ADU, and an attached 1 bedroom ADU (a rec room conversion). Upon completion of the construction, we project an exit price of $3,400,000- making for an estimated profit of $750,000. Build and sell or build and hold with a projected monthly rent of $22,000! You can’t go wrong. In terms of location, 3119 Andrita St is situated in the Atwater Village/Glassell Park area, less than 5 minutes to both Los Feliz and Glendale Blvd, which are home to a combination of trendy local shops and restaurants, as well as convenient chain stores and restaurants. If you travel the other direction (southwest), you’ll quickly run into the countless hotspots on Eagle Rock Blvd. This rapidly gentrifying neighborhood is known for attracting young hipster tenants and families who enjoy the close proximity to Silver Lake, Eagle Rock, and Glendale!

Facts & Features

MLS® # BB22176464
Price $1,350,000
Bathrooms 0.00
Lot Size 8,961
Type Land
Status Active

Community Information

Address 3119 Andrita Street
Area 623 - Glassel Park
City Glassell Park
County Los Angeles
State CA
Zip Code 90065

Amenities

Utilities Sewer Available, Water Available
View Neighborhood
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Street Level, Value In Land

Additional Information

Date Listed August 15th, 2022
Days on Market 44
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentElizabeth Maddox
OfficeThe 2-4 Unit Specialists

Listing Map

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