3151 W Avenue 32 , Los Angeles, CA 90065
$1,750,000
Est. Payment: $9,346.22/mo
6 Bed
4 Bath
0 Sqft
Status: ACTIVE | Days on site: 30
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House Description

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

Highlights

Listed by Adrian Padilla , 818-747-0111 Keller Williams Exclusive Properties , 805-777-7117. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

County

Los Angeles

Listing ID

SR26180485

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Roof:Composition,Rolled/Hot Mop
Principal Interest
$9,346
Taxes
$1,116

Home Price

$1,750,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,346.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,346.22 $1,115.63 $0.00 $10,461.85
Yearly $112,154.70 $13,387.50 $0.00 $125,542.20
Total $3,364,640.94 $401,625.00 $0.00 $3,766,265.94

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T01:28:25.000Z

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