3245 Drew St

Los Angeles, CA 90065

$1,150,000
Last Sold Price
10
Beds
7
Baths
5,549 Sq. Ft.
$207 / Sq. Ft.
5,549
Sq. Ft.
$207
per Sq. Ft.
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Sold 3/31/17
Sold 3/31/17

Description

This building sits on a large 10,101 sqft lot and has (2) 2+1 unit and (3) 1+1 units that are NOT RENT CONTROLLED. Additionally, there is a 3+2 detached single family home in the back of the lot that is under rent control. An electronic gate secures the perimeter of the property. There are two tuck-under parking spaces, two garage, seven surface spaces in back of the lot. The building is separately metered for gas and electricity and conveniently provides ample storage facilities for tenants. There...This building sits on a large 10,101 sqft lot and has (2) 2+1 unit and (3) 1+1 units that are NOT RENT CONTROLLED. Additionally, there is a 3+2 detached single family home in the back of the lot that is under rent control. An electronic gate secures the perimeter of the property. There are two tuck-under parking spaces, two garage, seven surface spaces in back of the lot. The building is separately metered for gas and electricity and conveniently provides ample storage facilities for tenants. There may be potential to divide the 3+2 into a 2+1 and a 1+1 for additional income. The front of the lot has a yard with potential to add value through landscaping upgrades. THIS APARTMENT WAS ORIGINALLY 7 UNITS, the two rear units were combined into a 1 unit. However, an investor could legally split the rear unit restoring the building to a full 7 units (Buyer to investigate). Offering Memorandum is available in the Docs to download.

Listing Agent

  1. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

    kenny.stevens@compass.com

    P: (310)-968-7005

    CallTextEmail

Property Details for 3245 Drew Street

Zoning
LARD2
Parcel Number
5458015041
Total Units
6.0
Living Area
5549
Source Living Area
Other
Area
Glassell Park (623)
Vacancy Rate
0
Lot Size Area
10101
LISTING UPDATED: 03/31/2017 10:46 AM

Property Details for 3245 Drew Street

StatusSold
MLS #17-194610
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.23 AC / 10,101 SF
CountyLos Angeles County
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Location

Listing Courtesy of Concord Real Estate Service, Kenny Stevens, DRE #01090251

Sold By Concord Real Estate Service, Kenny Stevens, DRE #01090251

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Building Information for 3245 Drew Street

Stories2Residences-Year Built1987Building Size-Lot Size0.23 AC / 10,101 SF

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$7,180 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$1,575

HOA Dues

$0

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Property Information for 3245 Drew Street

Community / Development
Community / Development
  • Number Of Units: 6
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 3+2, 2+1, 1
  • View: No
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $69,654
  • Net Operating Income: $35,580.00
  • Gross Income: $71,808
  • Gross Rent Multiplier: $10.30
  • Total Annual Expense: 34074
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 10101
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 11
  • Covered Parking: 4
  • Garage Spaces Total: 2
  • Parking Features: Driveway
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
  • Laundry: See Remarks
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 01-19-2017
  • Rent Control: 1 Unit
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,450.00
  • Unit Actual Rent: $1,450.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,038.00
  • Unit Actual Rent: $1,038.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,038.00
  • Unit Actual Rent: $1,038.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $910.00
  • Unit Actual Rent: $910.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $781.00
  • Unit Actual Rent: $781.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $767.00
  • Unit Actual Rent: $767.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111

Property History for 3245 Drew Street

DateEvent & SourcePriceAppreciation
May 29, 2018

Expired

CRMLS #315001438

$1,200,000—
Jun 2, 2017

Expired

CRMLS #315001438

$1,200,000—
Mar 31, 2017

Sold

SDMLS #17194610

$1,150,000—
Mar 31, 2017

Sold

CLAW #17-194610

$1,150,000—
Mar 31, 2017

Sold

CRMLS #17194610

$1,150,000—
Mar 8, 2017

Sold (Public Record)

Public Record #591070280

$1,150,000—
Feb 13, 2017

Pending

CRMLS #17194610

—
Feb 13, 2017

Pending

CLAW #17-194610

—
Feb 3, 2017

Price Change

CRMLS #17194610

$1,295,000—
Jan 19, 2017

Listed (Active)

CRMLS #17194610

$1,400,000—
Jan 19, 2017

Listed (Active)

SDMLS #17194610

$1,400,000—
Jan 19, 2017

Listed (Active)

CLAW #17-194610

$1,400,000—
Aug 11, 2015

Expired

SDMLS #315001438

—
Aug 11, 2015

Expired

SDMLS #315001438-1

—
Aug 11, 2015

Expired

VCF #P0-315001438

$1,200,000—
Aug 11, 2015

Expired

CLAW #315001438IT

$1,200,000—
Feb 12, 2015

Listed (Active)

VCF #P0-315001438

$1,200,000—
Feb 12, 2015

Listed (Active)

CRMLS #315001438

$1,200,000—
Feb 12, 2015

Listed (Active)

SDMLS #315001438

$1,200,000—
Feb 12, 2015

Listed (Active)

CLAW #315001438IT

$1,200,000—
Feb 12, 2015

Listed (Active)

SDMLS #315001438-1

$1,200,000—
Feb 12, 2015

Listed (Active)

CRMLS #315001438

$1,200,000—
DateEvent & SourcePrice
05/29/2018

Expired

CRMLS #315001438

$1,200,000
06/02/2017

Expired

CRMLS #315001438

$1,200,000
03/31/2017

Sold

SDMLS #17194610

$1,150,000
03/31/2017

Sold

CLAW #17-194610

$1,150,000
03/31/2017

Sold

CRMLS #17194610

$1,150,000
03/08/2017

Sold (Public Record)

Public Record #591070280

$1,150,000
02/13/2017

Pending

CRMLS #17194610

—
02/13/2017

Pending

CLAW #17-194610

—
02/03/2017

Price Change

CRMLS #17194610

$1,295,000
01/19/2017

Listed (Active)

CRMLS #17194610

$1,400,000
01/19/2017

Listed (Active)

SDMLS #17194610

$1,400,000
01/19/2017

Listed (Active)

CLAW #17-194610

$1,400,000
08/11/2015

Expired

SDMLS #315001438

—
08/11/2015

Expired

SDMLS #315001438-1

—
08/11/2015

Expired

VCF #P0-315001438

$1,200,000
08/11/2015

Expired

CLAW #315001438IT

$1,200,000
02/12/2015

Listed (Active)

VCF #P0-315001438

$1,200,000
02/12/2015

Listed (Active)

CRMLS #315001438

$1,200,000
02/12/2015

Listed (Active)

SDMLS #315001438

$1,200,000
02/12/2015

Listed (Active)

CLAW #315001438IT

$1,200,000
02/12/2015

Listed (Active)

SDMLS #315001438-1

$1,200,000
02/12/2015

Listed (Active)

CRMLS #315001438

$1,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3245 Drew Street

Taxable ValueLand$892,677Additions$599,203Total$1,491,880
Tax Record2025$18,899 ($1,575 / month)
Home Facts
Total Finished SqFt4,471 SqFtAbove Grade Finished SqFt4,471 SqFtLot Size10,101 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLARD2CountyLOS ANGELESAPN5458-015-041

Schools near 3245 Drew Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Fletcher Drive Elementary School
Public - K to 5
Benjamin Franklin Senior High School
Public - 6 to 12
Eagle Rock High School
Public - 7 to 12
ISANA Octavia Academy
Charter - K to 8
Rating
School
Distance
Fletcher Drive Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Eagle Rock High School
Public7 to 12

ISANA Octavia Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Concord Real Estate Service, Kenny Stevens, DRE #01090251

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.