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2221 Griffin Ave

Los Angeles, CA 90031
  • $1,795,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 22-148715
UPDATED: 13 min ago
$1,795,000
  • 10
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,644
    SQFT
  • $387
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

Amazing well maintained building in central Lincoln Heights location. Great unit mix with 3 1+1's, 2 2+1's, and 1 3+1.5. Three of the units benefit from in unit Washer/Dryers and have upgraded amenities. Starting cap is 4.45% with upside in rents. Th building has low expenses and is easy to manage. Full OM in documents section.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127943122
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2221 Griffin Ave Los Angeles, CA 90031

  • Price: $1,795,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 13 min ago
  • MLS #: 22-148715
10
Beds
0
Baths
0
½ Baths
0.18
Acres
4,644
SQFT
$387
$/SQFT
1947
Built
Neighborhood:
Lincoln Heights
County:
Los Angeles
Area:
Lincoln Heights
Property Description
Amazing well maintained building in central Lincoln Heights location. Great unit mix with 3 1+1's, 2 2+1's, and 1 3+1.5. Three of the units benefit from in unit Washer/Dryers and have upgraded amenities. Starting cap is 4.45% with upside in rents. Th building has low expenses and is easy to manage. Full OM in documents section.
Exterior Features

Lot Size Area 8014 Other Structures None Parking Garage Carport Total Parking 6

Interior Features

Baths Total 7.00 Cooling Wall Unit(S) Equipment DishwasherRefrigeratorRange/OvenMicrowave Heating Wall Laundry In UnitOutside

Property Features

Assessed Total Value 820232 Gross Income 125781 Gross Operating Income 125781 Like Units1 3 Like Units2 2 Like Units3 1 Net Operating Income 79951.00 Number Of Buildings 2 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 42057 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard3

Listing provided courtesy of Hooman Emanuel DRE#01200237 of Keller Williams Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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74996 Highway 111
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