3429 Andrita Street
3429 Andrita Street
$2,295,000
14
17
8,614
8,614
$266
Pending
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...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.
- Listed by Eric Dilanian • DRE #01951699 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 3429 Andrita Street
Zoning
LARD2
Parcel Number5458027032
Total Units17.0
Living Area8614
Source Living AreaAssessor
AreaGlassell Park (623)
Vacancy Rate0
Lot Size Area13530
Location
LISTING UPDATED: 05/01/2024 10:52 AM
Property Details for 3429 Andrita Street
Status | Pending |
---|---|
MLS # | 24-362653 |
Days on Market | 62 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.31 AC / 13,530 SF |
County | Los Angeles County |
Location
Building Information for 3429 Andrita Street
Stories3Residences-Year Built1962Building Size-Lot Size0.31 AC / 13,530 SF
Payment Calculator
$13,109 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3429 Andrita Street
Property History for 3429 Andrita Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3429 Andrita Street
Taxable ValueLand$69,258Additions$376,210Total$445,468
Tax Record2023$7,006 ($584 / month)
Home Facts
Total Finished SqFt8,614 SqFtAbove Grade Finished SqFt8,614 SqFtLot Size13,533 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLARD2CountyLOS ANGELESAPN5458-027-032
Schools near 3429 Andrita Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 7 to 12 | |||
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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