3415 Drew St, Los Angeles, CA 90065
Image 2 for 3415 Drew St, Los Angeles, CA 90065
Image 3 for 3415 Drew St, Los Angeles, CA 90065
View Photos

3415 Drew St Los Angeles, CA 90065

$3,325,000
  • 12 Beds
  • 12 Baths
  • 7,245 Sq.Ft.
For Sale
$3,325,000 Get Pre-Qualified

Map preview of 3415 Drew St, Los Angeles, CA 90065

Property Overview: 3415 Drew St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,245 living square feet and 27,433 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Just Listed: A 12-unit investment opportunity located in the high barrier to entry neighborhood of Glassell Park. The property consists of a couple structures: a 9-unit built in 1950 showcasing 7- 1bedroom units and 2-2bedroom units and a triplex built in 1924 consisting of a studio, 1-bedroom and 2-bedroom unit. The opportunity sits on 27,433 squrae feet of land and due to the zoning and favorable accessory dwelling unit regulations, a new owner may have the ability to build five (5) additional units on the premises (buyer to verify). Lastly, there is assumable JP Morgan Chase financing in the amount of $1,961,750. The fixed interest rate of 3.71% becomes variable in December 2026.

Listed by Andres Diaz | BRE #01956479 | Keller Williams Downtown LA
Last checked: 7 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 145
Get a $9,975 Cash Reward New

Buy this home with Ardent Real Estate Group and get $9,975 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
27,433
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23332767
City
Los Angeles
County
Los Angeles
Time on Site
163 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $11,158
  • Pro Forma/Market Rent: $14,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,643
  • Total Rent: $5,285
  • Pro Forma/Market Rent: $5,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $3,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.92
  • Gross Scheduled Income: --
  • Net Operating Income: $160,799
  • Gross Operating Income: $257,345
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3415 Drew St

No upcoming open houses

Schedule Tour
Loading...

Property Details for 3415 Drew St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Levels: One
  • Security Features: Automatic Gate
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 20
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 12
  • Parcel Number: 5459010011
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Near the intersection of Fletcher and San Fernando Road. Exit 2 Freeway (San Fernando exit) and property is situated 5 blocks northeast of the exit.
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 3415 Drew St

Last sold for $905,000 on May 17th, 2013
  • November, 2023

  • Nov 16, 2023

    Date

    Active

    CRMLS: 23332767

    $3,325,000

    Price

  • May, 2013

  • May 17, 2013

    Date

    Sold (Public Records)

    Public Records

    $905,000

    Price

  • August, 2010

  • Aug 2, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3415 Drew St

Assessed Value (2020): $1,081,425
Year Land Value Improved Value Assessed Value
2020 $709,367 $372,058 $1,081,425

Home Value Compared to the Market

This property vs the competition

3415 Drew St is listed 169.01% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $458.94 per/sqft which puts the price per square foot 40.63% lower than the median price per square foot for the city of Los Angeles.

About 3415 Drew St

Detailed summary of property

3415 Drew St is a multi family located in Los Angeles, CA 90065 and is currently for sale. This multi family property offers 12 bedrooms, 12 bathrooms, roughly 7,245 living square feet, and sits on an approximately 27,433 square foot lot. 3415 Drew St was first listed on ArdentRealEstateGroup.com on November 16, 2023. The homeowner is currently asking $3,325,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 169.01% higher than the median priced home. Local competing homes currently for sale include 4212 Lockwood Ave, 252 Branch Street and 639 Robinson St. While the average home in Los Angeles, CA is selling in 96 days, 3415 Drew St has a days on market of 145 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3415 Drew St Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3415 Drew St

Public county record property details
Beds
14
Baths
13
Year built
1950
Sq. Ft.
7,245
Lot Size
27,433
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5459-010-011

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,049,752
Median Sold Price/Sq.Ft.
$844
Total Inventory
74
Median Sale to List Price %
105.19%
Avg Days on Market
24
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (17.65%), Other (11.76%)

Tour This Home


Buy with Ardent Real Estate Group and save $9,975.

Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message
Get a $9,975 Cash Reward New

Buy this home with Ardent Real Estate Group and get $9,975 back.

Call/Text (714) 706-1823

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.