Development Opportunity in Glassell
For Sale
$3,100,000
3361 Fletcher Dr, Los Angeles, CA 90065
LARD 1.5-zoned property with redevelopment potential in a growing neighborhood.
Property Size5,283 SF
Lot Size0.42 Acres
Days on Market168
Property Features for 3361 Fletcher Dr
General Information
Standard status
Active
Size
5,283 SF
Lot size
0.42 Acres
Property subtype
Commercial
Building Details
Building Size
5,283 SF
Year Built
1938
Units
10
Listing Agency:
Johans Lin, Broker
(626) 383-0347
Listed By:
Wen Lee · License #01494840
(626) 383-0347
Source:
Elliman
Added: Mar 11
Changed: Aug 19
Last Checked: Aug 25 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johans Lin, Broker
Investment Insights
Based on property information with market context.
This LARD 1.5-zoned property is located in one of Los Angeles’ most rapidly growing neighborhoods, presenting an investment and development opportunity. The site has significant potential for multi-unit construction, making it suitable for developers aiming to maximize density and long-term value. The property currently includes nine individual houses and a salon, generating immediate rental income while providing a foundation for future redevelopment. Positioned in Glassell Park, the site offers access to major freeways, ensuring connectivity to Downtown LA, Silver Lake, and Glendale. The area’s ongoing growth and demand for housing make this an opportunity for investors looking to develop in a high-potential market. This property presents a chance to create a high-performing asset in a sought-after Los Angeles location, whether for redevelopment, expansion, or a value-add project.
Key Highlights
- LARD 1.5 zoning allows for high‑density multi‑unit development, maximizing investment potential.
- Prime location in rapidly growing Glassell Park, Los Angeles.
- Immediate rental income from nine houses and a salon.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - LARD 1.5-zoned property with redevelopment potential in a growing neighborhood.
Where is this commercial land located?
The property is located at 3361 Fletcher Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: LARD 1.5 zoning allows for high‑density multi‑unit development, maximizing investment potential.; Prime location in rapidly growing Glassell Park, Los Angeles.; Immediate rental income from nine houses and a salon.
