Property Detail
Description
Set on a high-visibility corner in the heart of Northeast Los Angeles, 3301 Division Street offers a rare and compelling mixed-use investment opportunity at the intersection of Division Street and Glassen Place. Spanning approximately 10,475 square feet of land, the property features 7,630 square feet of existing improvements and a diverse unit mix, including retail storefronts, office space, residential apartments and free-standing residential bungalows. Zoned LAC1 and located within the Mount Washington Glassell Park Specific Plan, this property offers both strong in-place income and significant development upside. Currently generating $13,669 per month, with projected pro forma rents indicating more than 30% rental growth, the site is ideal for investors or developers seeking long-term value in a rapidly appreciating market. Preliminary architectural studies envision several development scenarios ranging from new residential over parking to live/work layouts and affordable housing components that could unlock increased density and reduced parking requirements. With excellent street presence, flexible zoning, and close proximity to the emerging corridors along Cypress Avenue and San Fernando Road, 3301 Division Street is a standout opportunity in one of LA's most dynamic, high-growth neighborhoods.
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Listing provided courtesy of Allen Roth of Sotheby's International Realty. Last updated 2025-07-26 08:11:25.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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