3942 Gleason Street, Los Angeles, CA 90063 - Photo 1

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$925,000

For Sale
Active
Multi-Family
Updated 11 days ago

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Property Description

Incredible Los Angeles Multi-Unit Opportunity, Live in One and Rent the Others! Welcome to 3942 Gleason Street, a versatile three-unit property offering excellent potential for investors, owner-occupants, and buyers seeking a multi-generational living arrangement. The property features two spacious 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit(PROPERTY PROFILE SHOWS 1 BED 1 BATH), providing multiple rental-income opportunities. An additional UNPERMITTED bonus studio offers extra flexible income potential. Conveniently located near Downtown Los Angeles, major freeways, public transportation, shopping, dining, schools, and everyday amenities, this property provides easy access throughout Greater Los Angeles. Whether you are looking to expand your investment portfolio, offset your mortgage by occupying one unit and renting the others, or accommodate extended family while maintaining separate living spaces, this property offers outstanding versatility and long-term potential. Three units, multiple possibilities, and a prime Los Angeles location, don't miss this opportunity!

Full Property Details

Full Property Details for 3942 Gleason St

General

Price: $925,000
Status: Active
Type: Multi-Family
Source: MRMLS
MLS ID: MB26164333
Updated: 8/14/2026
Days on Market: 14 days
Added to Site: 14 day(s) ago

Rooms

Other Rooms

Laundry: See Remarks

Additional Information

Pool Description: None

Parking

Garage Spaces: 1

Location

Area: 699 - Not Defined
County: Los Angeles
Development Name: 699 - Not Defined
Driving Directions: TBD

Utilities

Sewer: Public Sewer
Water: Public
# Water Meters: 3
# Gas Meters: 3
# Electric Meters: 3

Structural Information

Entry Location: Street
Square Feet: 2,349
Year Built: 1954

Unit Information

Unit 1

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 3

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.2457
Lot Size (Sq. Ft.): 10,703
Lot Size Source: Public Records
Lot Description: Corner Lot, 2-5 Units/Acre, Front Yard, Back Yard

Financial Considerations

Price Per Sq. Ft.: $393.78
Price Per Unit: 308333

Listed by Century 21 Realty Masters, Anabella Jimenez

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Listing agent

— 3942 Gleason St —

Anabella Jimenez

Century 21 Realty Masters

AnaSellmeAHome@gmail.com

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NMLS#: 1598647

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Schools

Schools serving 3942 Gleason St

School District:Los Angeles Unified School District

Name	Grades	Distance
Marianna Avenue Elementary School 4215 E. Gleason St., Los Angeles, CA 90063	K-6	0.3 mi
Belvedere Middle School 312 North Record Avenue, Los Angeles, CA 90063	6-8	0.3 mi
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022	9-12	0.5 mi
Engineering And Technology Academy At Esteban E. Torres High No. 3 4211 Dozier Street, Los Angeles, CA 90063	9-12	0.5 mi
East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2 4211 Dozier Street, Los Angeles, CA 90063	9-12	0.5 mi
Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4 4211 Dozier Street, Los Angeles, CA 90063	9-12	0.5 mi
Social Justice Leadership Academy At Esteban E. Torres High No. 5 4211 Dozier Street, Los Angeles, CA 90063	9-12	0.5 mi
James A. Garfield Senior High School 5101 E. Sixth St., Los Angeles, CA 90022	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3942 Gleason St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/11/2026

Listed

$925,000

780.95%

MLS

9/30/1999

Sold

$105,000

—

Public Record

Get Price Alerts and Save Property

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 3942 Gleason St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,593

10%

$379,141

2023

$5,994

$364,420

2022

$5,755

$357,275

2021

$5,685

-1%

$350,270

2020

$5,718

$346,679

2019

$5,535

$339,882

2018

$5,366

$333,218

2017

$5,272

$326,685

2016

$5,147

$320,280

2015

$5,076

—

$315,470

2014

$5,087

$309,291

—

2013

$5,061

—

$307,894

—

View All

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 3942 Gleason St

3942 Gleason Street, Los Angeles, CA 90063 (MLS# MB26164333) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 3942 Gleason Street is currently listed for $925,000 and was received on August 11, 2026. Want to learn more about 3942 Gleason Street? Do you have questions about finding other 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.

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3942 Gleason St Los Angeles, CA 90063