3545 Griffin Avenue

    Los Angeles (City), CA 90031
    • $1,185,000
    • STATUS: Active Under Contract
    • ON SITE: 19 days
    • ID#: 18408562
    Under Contract
    UPDATED: 60 min ago
    $1,185,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,634
      SQFT
    • $326
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Find excellent income potential in this beautiful Spanish-style apartment complex, well located in fast-rising Lincoln Heights. Built in 1929, the well-maintained compound provides two casitas and a main house, totaling six units and five parking spaces. Each apartment is finished with wood and tile flooring; the two front units have private patios. Updated systems include electrical and plumbing, and the exterior is freshly painted. There are individual gas and electric meters for each unit. Prized as one of LA's rising-star neighborhoods, Lincoln Heights enjoys immediate proximity to Downtown LA. There is a growing local scene of restaurants, nightspots and coffeehouses, and quick access to nearby neighbors Highland Park, Echo Park, Frogtown and Atwater Village.

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    Based on information from CARETS as of 2018-12-10T14:46:32.943. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/89566044

    3545 Griffin Avenue Los Angeles (City), CA 90031

    • Price: $1,185,000
    • Status: Active Under Contract
    • Updated: 60 min ago
    • ID#: 18408562
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,634
    SQFT
    $326
    $/SQFT
    1929
    Built
    Neighborhood:
    Lincoln Heights (677)
    County:
    Los Angeles
    Area:
    Lincoln Heights (677)
    Property Description
    Find excellent income potential in this beautiful Spanish-style apartment complex, well located in fast-rising Lincoln Heights. Built in 1929, the well-maintained compound provides two casitas and a main house, totaling six units and five parking spaces. Each apartment is finished with wood and tile flooring; the two front units have private patios. Updated systems include electrical and plumbing, and the exterior is freshly painted. There are individual gas and electric meters for each unit. Prized as one of LA's rising-star neighborhoods, Lincoln Heights enjoys immediate proximity to Downtown LA. There is a growing local scene of restaurants, nightspots and coffeehouses, and quick access to nearby neighbors Highland Park, Echo Park, Frogtown and Atwater Village.
    Exterior Features

    Parking Spaces Total 5 Parking Type Parking Space

    Interior Features

    Appliances Refrigerator Cooking Appliances Range Cooling Type None Floor Material Hardwood Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 1 Unit Number Of Bed04 2 Unit Number Of Bed05 1 Unit Number Of Bed06 1

    Property Features

    Adjusted Gross Income 66684.00 Assessed Improvement Value 78527.00 Assessed Land Value 172258.00 Buyer Financing Cash To New Loan Country United States Of America Expense Total Annual 19203.00 Gross Operating Income 66684.00 Gross Rent Multiplier 17.77 Hoa YN N Legal Disclosures Take Property As Is Listing Terms Cash To New Loan Lot Size Source Public Records Net Operating Income 47481.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 954.81 Unit Monthly Rent02 1060.00 Unit Monthly Rent03 1400.00 Unit Monthly Rent04 637.17 Unit Monthly Rent05 580.00 Unit Monthly Rent06 925.00 Unit Projected Total Monthly Rent01 1400.00 Unit Projected Total Monthly Rent02 2000.00 Unit Projected Total Monthly Rent03 1400.00 Unit Projected Total Monthly Rent04 2000.00 Unit Projected Total Monthly Rent05 1400.00 Unit Projected Total Monthly Rent06 1400.00 Unit Total Monthly Rent01 954.81 Unit Total Monthly Rent02 1060.00 Unit Total Monthly Rent03 1040.00 Unit Total Monthly Rent04 637.17 Unit Total Monthly Rent05 580.00 Unit Total Monthly Rent06 925.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lar1

    Listing provided courtesy of Tracy B Do DRE#01350025 of Compass and Edith Reyna CA DRE# 01187571 of Compass.


    Based on information from CARETS as of 2018-12-10T14:46:32.943. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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