We are pleased to present an eight unit multifamily property located at 1936 Griffin Avenue, in Los Angeles, California. Situated on the east side of Griffin Avenue and just north of North Main Street, this property is well-positioned in a strong rental pocket of Lincoln Heights.The subject property, built in 1949, hosts a streamlined unit mix of six (6) one bedroom/one bathroom units, and two (2) two bedroom/one bathroom units. One of the two bedroom units will be delivered vacant. The offering provides ample on-site parking for its tenants, as well as close proximity to the 5 and 10 Freeways. Located directly on Griffin Avenue, this building has excellent frontage on a main thoroughfare through Lincoln Heights.This offering presents an excellent opportunity for an investor to acquire an asset with large upside in rental potential, in the up-and-coming market of Lincoln Heights.
Off market
$1,559,400
1936 Griffin Ave, Los Angeles, CA 90031
10beds
8baths
5,220sqft
MultiFamily
Built in 1949
-- sqft lot
$1,559,400 Zestimate®
$299/sqft
$2,510 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Other, Electric
Cooling
- Wall
Appliances
- Included: Garbage disposal
Interior area
- Total interior livable area: 5,220 sqft
Property
Parking
- Total spaces: 7
Lot
- Size: 7,788 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1949
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- UnitTypeType: 1, 2, 3, 4, 5, 6, 7, 8
- Equipment: Other
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Parking Space
- ListingArea: Lincoln Heights
- ListingStatus: Active Under Contract
Services availability
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Estimated market value
$1,559,400