Residential Income Details
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.
|Number of Units||8|
|Status||Active Under Contract|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Jason Tuvia|
|Listing Agent BRE #||01772495|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, June 18, 2018.
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