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Multifamily Property with LAC-1 Zoning
For Sale
$1,049,000

3247 Fletcher DR, Los Angeles, CA 90065

Built in 1949, the property includes a rear unit with washer and dryer.

Property Size2,980 SF
Days on Market178

Property Features for 3247 Fletcher DR

General Information

Standard status Active
Size 2,980 SF
Property subtype MULTI_FAMILY
Zoning LAC-1

Building Details

Building Size 2,980 SF
Year Built 1949
Listing Agency: The Art In Real Estate
Listed By: Haig Nashalian · License #01355909
Source: Milsteinestates
Added: Feb 27 Changed: Aug 20 Last Checked: Aug 23 at 9:19AM

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 The Art In Real Estate

Investment Insights

Based on property information with market context.

This multifamily property was constructed in 1949 and carries LAC-1 zoning. One rear unit includes a washer and dryer. The property is under LAHD, and the transaction is subject to a 1031 exchange. Located at 3247 Fletcher DR in Los Angeles, the property is next to Glendale. Tenant privacy is requested, with inspection to take place after offer acceptance.

Key Highlights

  • LAC‑1 zoning
  • Built in 1949
  • Rear unit includes a washer and dryer

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 1949, the property includes a rear unit with washer and dryer.
Where is this multifamily property located?
The property is located at 3247 Fletcher DR Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: LAC‑1 zoning; Built in 1949; Rear unit includes a washer and dryer
More about this property
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