1936 GRIFFIN Avenue, Los Angeles, CA 90031

About this property

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.

Listing description from the November 2018 sale, as reported to CRMLS.

Sale history

$1,390,000

Sold November 2018 · listed $1,525,000, orig. $1,600,000, on market April 2018 · MLS #18337302 · Source: CRMLS

Listing Agent: Jason Tuvia · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Matthew Paul · Rodeo Realty Inc.

$1,285,000

Sold June 2017 · listed $1,275,000, on market January 2017 · MLS #17194466 · Source: CRMLS

Listing Agent: Sam Grayeli · Listing Office: BRC Advisors- BH · Contact: 310-525-3712 · Bought with: Sam Grayeli · BRC Advisors

$620,000

Sold May 2014 · listed $475,000, on market April 2014 · MLS #14750809 · Source: CRMLS

Listing Agent: Dan Kolodziejski · Listing Office: Clement Partners Real Estate · Contact: 310-822-7262 · Bought with: Chris Creed · Orchard Properties

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