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2525 Griffith Ave
Los Angeles, CA 90011
Three Houses & Retail Store South of Downtown · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,116 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.17 AC
Zoning
R3-1 Tier 3
Frontage
Amenities
- Corner Lot
- Signage
About 2525 GRIFFITH AVE , LOS ANGELES, CA 90011
On offer is a mixed-use property south of Downtown Los Angeles. This corner to alley lot consists of a retail space (currently inhabited by a liquor store) and three houses. A stone's throw to the Staples Center and the University of Southern California, this income property is situated close to entertainment, dining, nightlife, public transportation, the 10 and the 110 freeways. With the R3 Tier 3 zoning, this 7,497.5 sf lot has future development potential as well. Current low rents and a retail lease with under two years (with a 5 year option - option at FMV with a cancellation clause if property is sold), there is tremendous room for growth. Buyer to verify all information, including square footage.
Property Taxes
| Parcel Number | 5131-025-014 | Improvements Assessment | $522,255 |
| Land Assessment | $464,227 | Total Assessment | $986,482 |
Property Taxes
Parcel Number
5131-025-014
Land Assessment
$464,227
Improvements Assessment
$522,255
Total Assessment
$986,482
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