Property Detail

Description

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, 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.