2-Bedroom Residential Income - 4017 Griffin Avenue, Los Angeles, CA

Description

Montecito Heights Duplex | Value-Add Opportunity Welcome to 4017-4019 Griffin Avenue, a charming duplex in the coveted Montecito Heights neighborhood of Northeast Los Angeles, known as the "Wilderness in the City" for its rolling hills, Craftsman architecture, and sweeping views of the Arroyo Seco, Downtown LA, and the San Gabriel Valley. This well-positioned property blends classic character, income potential, and an immediate value-add opportunity.The duplex features two units, each approximately 800 square feet, currently configured as 1 bedroom / 1 bath. The vacant unit offers exceptional upside: the seller has professionally designed plans to remodel and convert the interior into a desirable 2 bedroom / 1 bath layout dramatically increasing rental appeal and future cash flow. Perfect for investors seeking stronger income, or owner-users wanting to live in one unit while renting the other. A shared driveway leads to private parking behind the units, plus two detached one-car garages in the rear a rare convenience in this hillside community. Situated within a Historic Preservation Overlay Zone (HPOZ), the property carries the timeless character that makes Montecito Heights one of NELA's most distinctive and fast-appreciating pockets, with the freedom to thoughtfully update and improve.Enjoy a lifestyle minutes from Ernest E. Debs Regional Park, Heritage Square Museum, the Arroyo Seco trails, and the trendy dining and culture of Highland Park, Mount Washington, and Lincoln Heights with Downtown LA just a short drive away. 4017-4019 Griffin Avenue is more than a duplex it's a smart acquisition in one of Los Angeles' most authentic and scenic neighborhoods. Bring your vision, implement the 2-bedroom conversion, and make this value-add gem your own.

Property details

Location

4017 Griffin Avenue • Los Angeles, CA 90031

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