Specialized Realty proudly presents the sale of 3216 – 3218 Division St., an updated and fully leased 6-unit income property comprised of 3 separate buildings. Located in the highly coveted renter’s pocket of Glassell Park, it is an amazing investment opportunity to acquire a property strategically nestled between Eagle Rock, Atwater Village, minutes away from Dodger Stadium and DTLA! The property consists of five (5) 1bd/1ba units and one (1) 2bd/1ba unit covering 2,886 SF of total building area on a sizeable 7,443 SF lot Zoned RD2-1. Current gross rents total $12,151/mo, with 5 out of 6 tenants paying market value. This is a great opportunity to acquire an income property in an emerging market, priced to sell for only $321,667 a door.
For sale
Listing Provided by:
Artak Dovlatyan DRE #01250473 818-546-1212,
Specialized Realty,
Albert Karchikian DRE #01738305 747-286-6283,
Specialized Realty, Inc.
$1,930,000
3216 Division St #3218, Los Angeles, CA 90065
--beds
--baths
2,886sqft
Est.:
Quadruplex
Built in 1928
-- sqft lot
$1,836,400 Zestimate®
$669/sqft
$-- HOA
What's special
- 115 days
- on Zillow |
- 115 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 10:27am
Listing Provided by:
Artak Dovlatyan DRE #01250473 818-546-1212,
Specialized Realty,
Albert Karchikian DRE #01738305 747-286-6283,
Specialized Realty, Inc.
Source: CRMLS,MLS#: GD25071063
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- See Remarks
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,886
- Total interior livable area: 2,886 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Driveway Up Slope From Street
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,445 Square Feet
- Features: Sloped Up
Details
- Parcel number: 5455003016
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $669/sqft
- Date on market: 4/2/2025
- Listing terms: Conventional
- Total actual rent: 145812
- Tenant pays: Electricity, Gas, Sewer
- Loading
- Loading