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    2807 Griffin Avenue

    Los Angeles, CA 90031
    • $1,198,888
    • STATUS: ACTIVE
    • ON SITE: 14 days
    • ID#: 302993627
    UPDATED: 81 min ago
    $1,198,888
    • 2
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    An excellent multi-family property in desirable & thriving Lincoln Heights neighborhood, featuring 2 charming buildings, each building with 2 units, all with separate gas and electric meters. The units also offer on-site parking as well. The property is situated on an attractive 10,800 square foot lot - with an opportunity to build more units! In 2018 2 of the units had been completely remodeled (New Kitchen + New Bath etc./#2809 & #2809 1/2). It is also centrally located, including public transportation An excellent multi-family property in desirable & thriving Lincoln Heights neighborhood, featuring 2 charming buildings, each building with 2 units, all with separate gas and electric meters. The units also offer on-site parking as well. The property is situated on an attractive 10,800 square foot lot - with an opportunity to build more units! In 2018 2 of the units had been completely remodeled (New Kitchen + New Bath etc./#2809 & #2809 1/2). It is also centrally located, including public transportation just blocks away and a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium,& easily accessible to major freeways & neighboring Cities such as Pasadena, Glendale, & Burbank. The property offers an excellent income and still has plenty of upside potential on rents. Please Do Not Disturb Occupants!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/113031379
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    2807 Griffin Avenue Los Angeles, CA 90031

    • Price: $1,198,888
    • Status: ACTIVE
    • Updated: 81 min ago
    • ID#: 302993627
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Los Angeles (90031)
    County:
    Los Angeles
    Area:
    Los Angeles (90031)
    Property Description
    An excellent multi-family property in desirable & thriving Lincoln Heights neighborhood, featuring 2 charming buildings, each building with 2 units, all with separate gas and electric meters. The units also offer on-site parking as well. The property is situated on an attractive 10,800 square foot lot - with an opportunity to build more units! In 2018 2 of the units had been completely remodeled (New Kitchen + New Bath etc./#2809 & #2809 1/2). It is also centrally located, including public transportation An excellent multi-family property in desirable & thriving Lincoln Heights neighborhood, featuring 2 charming buildings, each building with 2 units, all with separate gas and electric meters. The units also offer on-site parking as well. The property is situated on an attractive 10,800 square foot lot - with an opportunity to build more units! In 2018 2 of the units had been completely remodeled (New Kitchen + New Bath etc./#2809 & #2809 1/2). It is also centrally located, including public transportation just blocks away and a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium,& easily accessible to major freeways & neighboring Cities such as Pasadena, Glendale, & Burbank. The property offers an excellent income and still has plenty of upside potential on rents. Please Do Not Disturb Occupants!
    Exterior Features

    Pool N/K Site Curbs Topography Level

    Interior Features

    Cooling N/K Stories 2 Story Total Baths Unit1 1 Units With Cooling 8 Units With Range Oven 4 Units With Refrigerators 4

    Property Features

    Actual Cap Rate 3.6 Annual Expense Actual 20422 Buildings 2 Gross Scheduled Income Actual 63432 Tenant Pays TrashElectricityGas/Propane Terms CashExchange Unit Number For Unit1 1 Unit1 Rent Actual 63432.0 Zoning Assessor

    Listing provided courtesy of Excellence Vision Real Estate. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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