1936 Griffin Avenue

  • Los Angeles

  • $1,525,000
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Residential Income Details

Description
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.
Essential
MLS #18337302
Price$1,525,000
Number of Units8
Sale TypeStandard
StatusActive Under Contract
Listing BrokerageMarcus & Millichap
Listing AgentJason Tuvia
Listing Agent BRE #01772495
Interior
CoolingWall Window
Exterior
ParkingParking Space
Community
Area677 - Lincoln Hts
Address1936 Griffin Avenue
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90031
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, June 18, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.