Highlights
• Prominent corner location in Northeast Los Angeles at Division Street and Glassen Place, offering excellent visibility. • Mixed-use asset featuring retail, office, residential apartments, and detached bungalows on a 10,475 SF lot. • LAC1 zoning with strong existing income and projected rental growth exceeding 30%. • Significant development potential, supported by preliminary studies for residential, live/work, and affordable housing options. • Situated in a high-growth area near Cypress Avenue and San Fernando Road, benefiting from flexible zoning and strong long-term value.
Description
Positioned on a high-visibility corner in the heart of Northeast Los Angeles, 3301 Division Street presents a premier mixed-use investment opportunity at the intersection of Division Street and Glassen Place. The property encompasses roughly 10,475 square feet of land with 7,630 square feet of existing improvements, featuring a versatile mix of retail storefronts, office space, residential apartments, and detached bungalows. Zoned LAC1 and situated within the Mount Washington Glassell Park Specific Plan, the property delivers strong current income—approximately $13,669 per month—with projected rental growth exceeding 30%. Preliminary architectural concepts highlight several development pathways, including residential-over-parking designs, live/work layouts, and affordable housing options that could leverage density bonuses and parking reductions. With its excellent visibility, flexible zoning, and proximity to the rapidly evolving corridors of Cypress Avenue and San Fernando Road, 3301 Division Street offers exceptional potential for investors and developers seeking long-term value in one of Los Angeles’ most dynamic neighborhoods.
Listing Details
- Cap Rate
5%
- Tenancy
Multi
- Space Type
Office
- Sub Category
Traditional
- Date Listed
10/28/2025
- Investment Type
Value Add
- Net Operating Income
$131,628
Property Specifics
- Property Name
3301 Division St
- No of Buildings
4
- No of Stories
2
- No of Units
10
- Year Built
1926
- Building Size
5,051 SF
- Lot Size
0.24 Ac
- APN
5456-017-001
- Zoning
LAC1