This Multifamily Property is no longer advertised on LoopNet.com.

4021 Griffin Ave
Los Angeles, CA 90031
4021-4031 Griffin Ave · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Going-In GRM of 9.42x, going-in cap rate of 7.42%
  • W/D in 4 of 6 units; the other 2 units share a W/D in garage
  • Potential upside of 60% to Rents through Section 8
  • Plans submitted for 2 ADUs; each 2-bed, 2-bath

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 5,462 SF
No. Stories 2
Year Built 1930
Zoning LARD3 - Restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Online Services
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -

Property Taxes

Property Taxes

Parcel Number
5207-008-012
Land Assessment
$860,000
Improvements Assessment
$285,000
Total Assessment
$1,145,000
  • Listing ID: 33584278

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 4021 Griffin Ave, Los Angeles, CA 90031

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}