We are pleased to present for sale this rare 3-unit value-add multifamily property in prime GlassellPark, to bedelivered 67% vacant. Offered for the first time in over 51 years, 3636 Eagle Rock Blvd is located on one of L.A.'s corridors, across from neighborhood favorites including The Grant, Dunsmoor, Bub &Grandma's,… Read More and Solarc Brewing. The property includes a standalone 3-bedroom, 2-bath Spanish bungalow built in 1925, a rear duplex with two 2-bedroom,1-bath units built in 1981, and a LAMAR billboard offering additional income. Together, the units total approximately 3,172 square feet on a 7,158 square foot lot with alley access, five tuck-under parking spaces, and zoned RD1.5-1-CDO. The property is surrounded by some of the city's most desirable neighborhoods: Eagle Rock, Highland Park, Atwater Village, Glendale, Frogtown, and minutes from Silver Lake, Echo Park, and Occidental College. This is a prime opportunity for an investor to renovate two vacant units, explore the potential for 2+ ADUs, or pursue small-lot subdivision (buyer to verify all feasibility). Disclosure: Property is operating as a 3-unit building with 7 bedrooms and 4 bathrooms. ZIMAS indicates 7 bedrooms and 3 bathrooms. Although the rear structure was built in 1981, all three units are subject to Rent Stabilization. Call Broker for details. Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or developmentfeasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided. Read Less
Property listed by Remax Commercial and Investment Realty, Eric Dilanian 213-817-1000
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,172
Lot Size
0.16 Acres
Year Built
1981
MLS Number
25559809
30 Days Snapshot Of 90065
$1.23M
-11%
(avg) sold price
28
+16%
homes sold
47
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1981, Building area total: 3,172, Levels: Two, Living area: 3172, 2 stories, 2 buildings
Income
Gross income: $93,192, Net operating income: $63,171
Lot
0.1643 acres, 7,158 square feet, Size: 7,158
Parking
5 totals parking, Carport, Driveway
Property
Zoning: LARD1.5, None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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