4547 Griffin Avenue

Los Angeles, CA 90031

  • 9 Bed(s)
  • 5 Bath(s)
  • 3,439 Sqft
  • 7517
    Sqft(Lot)
$1,785,000

Description

Prime location – versatile income property in montecito heights!

located in the highly desirable montecito heights neighborhood near downtown, monterey hills, and south pasadena, this income-generating property offers both convenience and tranquility. within walking distance to walnut forest hiking trail, where you can enjoy a beautiful scenic hike with breathtaking views. the trail is slightly hilly with shaded areas, and at the top, you'll find a peaceful pond surrounded by turtles, diverse bird species, wildlife, and lush nature, including vibrant flowers, trees, and various plants.

nestled in a quiet area near a nature park with additional scenic hiking trails, this property is an ideal opportunity to live in one unit while renting out the others.

the property consists of two separate buildings, with all units thoughtfully remodeled, including updated kitchens, bathrooms, flooring, windows, fresh paint, and central a/c. upgrades include 10 closets, 22 installed windows, and wiring electric for the back unit.

back unit: a private single-family dwelling featuring 3 bedrooms, 2 bathrooms, and a patio.

front unit – 1st floor: a 2-bedroom, 1-bathroom unit with a serene nature view. remodeled about a year ago, it will be delivered vacant at the close of escrow. this unit also comes with a private 1-car garage equipped with an electric vehicle charger.

front unit – 2nd floor: a spacious 4-bedroom, 2-bathroom unit, also offering beautiful views.

additional features include a total of 3 garages, onsite parking for three cars, and a coin-operated laundry generating approximately $150 per month in extra income.

don't miss this incredible investment opportunity in a sought-after location!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48545347

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1922
    • Building Area Total: 3,439

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1726
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7517

  • Listing Price Information

    • Original List Price: 1,785,000
    • Listing Contract Date: 2025-02-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5303004025

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 679 - Montecito Heights
    • Postal Code Plus 4: 1421
    • Directions: From Downtown, take 110 north, exit Ave 43. turn right and then make a left on Griffin
    • Zoning: LARD3
    • Source Property Type: Residential Income
    • Area: 679 - Montecito Heights
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 103
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 02/25/2025 @ 08:58

  • MLS: PW25028728
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 3,439 sqft, 7,517 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90031, this Los Angeles County Home are nearby neighborhoods.