3151 W Avenue 32, Los Angeles, CA 90065
Local realty services provided by:ERA Donahoe Realty
3151 W Avenue 32,Los Angeles, CA 90065
$1,999,999
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: adrian padilla
Office: keller williams exclusive properties
MLS#:SR26180485
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,999,999
About this home
Irreplaceable 7-Unit Glassell Park Corner lot 3 building Compound Rare 7-unit multifamily compound consisting of three separate buildings on a prominent corner lot at Avenue 32 and Andrita Street in Glassell Park. The key investment story is the density. Zoned LARD2, the propertys existing seven-unit configuration exceeds what could typically be recreated under current zoning, creating a scarce legal non-conforming asset in a supply-constrained Northeast Los Angeles submarket. California ADU laws may also provide additional upside through conversion of existing garage or storage space, subject to buyer verification. The property includes a 1920s Spanish duplex with two large one-bedroom townhouse-style units; a 1958 fourplex with three one-bedroom units, one large two-bedroom unit, and four single-car garages; and a detached 1920s two-bedroom bungalow with private garden, patio, and two-car garage. Long-term ownership has maintained the property while preserving meaningful value-add opportunity through future unit renovations. Each unit is separately metered for gas and electric with individual water heaters. On-site laundry provides additional income. Six garages plus surface parking, multiple structures, strong existing density, in-place income, and a desirable Glassell Park location create a compelling combination of current yield, scarcity, and long-term upside. A bonus adjacent parcel to the north includes a long garage and large storage unit. Zoned LARD2. Subject to Los Angeles RSO. Buyer to verify units, permits, square footage, zoning, income, condition, and ADU pot...
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Home facts
- Listing ID #:SR26180485
- Added:2 day(s) ago
- Updated:August 20, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Heating and cooling
- Heating:Zoned Areas
Structure and exterior
- Roof:Composition, Rolled/Hot Mop
- Levels:2 Story
Finances and disclosures
- Price:$1,999,999
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