Development Opportunity in Glassell Park

3361 Fletcher Dr Los Angeles, CA 90065

Claim this Listing
For Sale
$3,180,000

LARD 1.5-zoned property with redevelopment potential in a growing neighborhood.

Type:Commercial
Lot size:
0.42 Acres
Added:
Mar 11, 2026
Days on Market:
122
Last Refresh:
Jul 2 at 6:51 pm

Property Features for 3361 Fletcher Dr

General Information

Standard status
Active
Lot size
0.42 Acres
Property subtype
Commercial

Building Details

Year Built
1938

Listing office

Listing date Mar 11, 2026

Source Elliman

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 Wen Lee


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 Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Hair Salon Nail Salon Accounting Firm Barber Shop Skin Care Clinic Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 $3,180,000.
What are key features of this property?
This property features: LARD 1.5 zoning allows for high‑density multi‑unit development, maximizing investment potential.; Prime location in rapidly growing Glassell Park, Los Angeles.; Immediate rental income from nine houses and a salon.
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