Development Opportunity in Glassell
For Sale
$3,180,000
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 Market255
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) 757-3988
Listed By:
JOHANS LIN · License #01494840
(626) 757-3988
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 15 at 9:24PM
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 property, located in a rapidly growing Los Angeles neighborhood, is zoned LARD 1.5 and presents an investment and development opportunity. The site has potential for multi-unit construction, making it suitable for developers aiming to maximize density and long-term value. Currently, the property includes nine individual houses and a salon, generating rental income while offering a foundation for future redevelopment. Situated in Glassell Park, the location provides access to major freeways, facilitating connectivity to Downtown LA, Silver Lake, and Glendale. The area's growth and housing demand make this an opportunity for investors looking to develop in a high-potential market. This property offers 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.
- Located in the rapidly growing Glassell Park neighborhood of Los Angeles.
- Currently features nine houses and a salon, providing immediate rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
956
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - LARD 1.5-zoned property with redevelopment potential in a growing neighborhood.
Where is this residential land & home lot located?
The property is located at 3361 Fletcher Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,180,000.
What are key features of this property?
This property features: LARD 1.5 zoning allows for **high‑density multi‑unit development**, maximizing investment potential.; Located in the rapidly growing Glassell Park neighborhood of Los Angeles.; Currently features nine houses and a salon, providing immediate rental income.
