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Listed by: Justin McCardle (310) 606-0192 DRE #01895720 | Growth Investment Group Pasade (626) 594-4900
$2,250,000
2 Beds
- 4 Baths
--sqft
1927 Griffin Ave, Los Angeles, CA 90031
$2,250,000
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Apartment
Built in 1946
$-- HOA
9,902 sqft lot
--/sqft
Description
Take a look at this! 15-unit VALUE-ADD apartment building centrally located in the Lincoln Heights neighborhood of Los Angeles. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 66% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or create significant value with ADU’s (buyer to verify). The properties attractive layout and size create for an ease of management as well as no on-site manager. All units are individually metered for Gas/ Electricity and the property has onsite laundry. With Lincoln Heights’ proximity to...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1946
HOA Fees
-
Finished Area
- sqft
Lot Size
9,902 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR25026296
MLS Status
Active
Days on Market
305
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