3586 N Mimosa Dr , Los Angeles, CA 90065
$1,800,000
Est. Payment: $9,613.26/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 8
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CLW-X7429504 - CLW-C141733
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House Description

We are pleased to present an eight (8) lot development portfolio that can be delivered RTI to build a single-family residence community located at 3620 N Inglis Drive - 3586 N Mimosa Drive, Los Angeles, California. This portfolio is situated in a prime neighborhood of Northeast Los Angeles known as Glassell Park, south of Eagle Rock Boulevard and east of the Glassell Park recreation center. Zoned RE11-1-HCR, this portfolio contains eight (8) standard sized lots consisting of 51,333 combined square footage. Each lot features 2017 plans with a full soil report and soil/grading approval. The current architect has a clear path to re-entitlement and RTI along with an option to add ADUs on each site. Each lot can be delivered RTI for eight (8) single-family homes, or one on each lot. The homes average 2,149 SF with 4-bedrooms and 3-bathrooms on each. All homes go up three stories with ground floor garage parking, master bedroom layouts, and dedicated living, family, and dining areas. Residents will enjoy the large balconies and sprawling rooftop decks that make incredible use of the beautiful 180-degree hillside views of the Glassell Park rec center into Glendale's Forest Lawn and Atwater. Situated in a prime Glassell Park location, this offering presents an excellent opportunity for any merchant builder to capitalize on a tried-and-true product type with an option for the current architect to add ADUs in a low-velocity, high demand submarket of Los Angeles.

Highlights

Listed by John Boyett , 707-815-7472 CBRE , CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
1.18

County

Los Angeles

Area

623 - Glassel Park

Listing ID

26986889

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0

Exterior Features

Lot:Value In Land,No Land Lease
Garage Capacity:0
Zoning:LARE11
Principal Interest
$9,613
Taxes
$1,148

Home Price

$1,800,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$360,000
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:
$9,613.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,613.26 $1,147.50 $0.00 $10,760.76
Yearly $115,359.12 $13,770.00 $0.00 $129,129.12
Total $3,460,773.54 $413,100.00 $0.00 $3,873,873.54

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.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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