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$3,380,000
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Property Description
Located in one of Los Angeles' most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value.
The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area's ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location
Full Property Details
Full Property Details for 3361 Fletcher Dr
General
- Price: $3,380,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: WS25055004
- Updated: 11/12/2025
- Days on Market: 330 days
- Added to Site: 350 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Entrada & Fletcher
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Utility Description: Electricity Available
Structural Information
- Construction: Stucco
- Roof: Asphalt
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 5283
- Square Feet: 5,283
- Year Built: 1938
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.4178
- Useable Acres: .4178
- Lot Size (Sq. Ft.): 18,200
- Lot Size Source: Appraiser
- Topography: Rolling/Hilly
- Lot Features: 6-10 Units/Acre
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $639
Disclosures and Reports
- Investment: Yes
- Property ID: 5458024012
Listed by Johans Lin, Broker, JOHANSLIN and WenLee
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Schools
Schools serving 3361 Fletcher Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fletcher Drive Elementary School 3350 Fletcher Drive, Los Angeles, CA 90065 | K-6 | 0 mi |
Washington Irving Mid School Math Music and Engr Magnet 3010 Estara Avenue, Los Angeles, CA 90065 | 6-8 | 0.2 mi |
Eagle Rock High School 1750 Yosemite Drive, Los Angeles, CA 90041 | 7-8 | 2.3 mi |
Benjamin Franklin Senior High School 820 North Avenue 54, Los Angeles, CA 90042 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3361 Fletcher Dr
Date
Details
Price
Change
Source
8/14/2025
Price Reduced
$3,380,000
-5.59%
MLS
3/13/2025
Listed
$3,580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3361 Fletcher Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,836
3%
$1,285,527
4%
2023
$16,343
5%
$1,235,804
2%
2022
$15,633
1%
$1,211,672
2%
2021
$15,433
-1%
$1,188,013
1%
2020
$15,577
4%
$1,175,884
2%
2019
$15,004
2%
$1,147,926
2%
2018
$14,662
2%
$1,125,418
2%
2017
$14,316
3%
$1,103,352
2%
2016
$13,966
1%
$1,081,719
2%
2015
$13,774
-1%
$1,065,472
2%
2014
$13,891
—
$1,044,601
—
2013
$13,892
—
$1,039,881
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3361 Fletcher Dr
3361 Fletcher Dr, Los Angeles, CA 90065 (MLS# WS25055004) is a Commercial Multi-Family property. 3361 Fletcher Dr is currently listed for $3,380,000 and was received on March 13, 2025. Want to learn more about 3361 Fletcher Dr? Do you have questions about finding other Commercial Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

