2614 Griffin AVE Los Angeles, CA 90031
0.31 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26018859
HOA Y/N No
Year Built 1970
Lot Size 0.309 Acres
Property Sub-Type Apartment
Property Description
Major capital improvements have already been completed, including a full seismic retrofit and a recently replaced roof. The property offers a low cost per unit and is first time on market in over 20 years. Existing assumable loan with an attractive 3% interest rate. Approximately 40% rent upside while maintaining in-place stable income, this is an exceptional value-add investment opportunity.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Water Heater
Laundry Common Area
Exterior
Parking Features Carport, One Space, Uncovered
Carport Spaces 19
Fence None
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
View Y/N No
View None
Roof Type Flat
Total Parking Spaces 19
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5206009017
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953