2221 Griffin Ave, Los Angeles, CA 90031
2221 Griffin Ave, Los Angeles, CA 90031
2221 Griffin Ave, Los Angeles, CA 90031
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Mike Jones

Mike Jones

+1(480) 326-9233
$1,475,000
Est. payment /mo
6 Beds
4 Baths
8,016 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26091068

Bedrooms 6

Lot Size 8,016 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This excellent multifamily property is centrally located in Lincoln Heights. Featuring two separate buildings, this 6-unit property has 4,644 square feet of rentable area situated on a large 8,014 square foot lot. Built in 1947, the property has a versatile mix of 1, 2, and 3-bedroom units, which are individually metered with on-site parking available for each tenant. Recent updates to two units include new plumbing, electrical, AC, and washer/dryer hookups. This is an investor friendly property with stabilized income that can also support potential owner occupancy as the 3-bedroom unit is available. The rear building abuts an alleyway which provides a separate, rear lot used for extra parking, storage, and access for the tenants. Residents enjoy being minutes away from major local destinations, providing convenient access to Chinatown, DTLA, and Dodger Stadium. Nearby eateries are walking distance from 2221 Griffin with local favorites such as Moo's Craft Barbecue, La Monarca Bakery and Cafe, and King Taco located on Broadway. Direct access to the 5, 110, and 2 Freeways with nearby bus transit efficiently connects this neighborhood to all of LA. LARD3-1-HPOZ zoning, located within a Historical Preservation and Opportunity Zone.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From I-5 North/South, exit Broadway and head northeast, turn right on Griffin Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5204019017

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Jonathan Hasbun, DRE#02254602 Pivot Commercial Group 

Nearby School & Business

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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