Two-Building Multifamily
2221 Griffin Ave Los Angeles, CA 90031
2221 Griffin Ave, Los Angeles, CA, 90031
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For Sale
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Six residential units in two buildings built in 1947, with individual metering and on-site parking for tenants.
Days on Market147
Property Features for 2221 Griffin Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Pivot Commercial Group
Listed by
Jonathan Hasbun · License #02254602
Source
Crexi
Added: Feb 24 Updated: Jul 21 at 8:11AM Checked: Jul 21 at 8:11AM
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Investment Insights
Based on property information with market context.
This multifamily property features two separate buildings totaling six residential units within a large lot. Built in 1947, the unit mix includes 1-, 2-, and 3-bedroom layouts. Units are individually metered, and on-site parking is available for each tenant.
Recent updates were completed in two units, including new plumbing, electrical, AC, and washer/dryer hookup improvements. The rear building abuts an alleyway and uses a separate rear lot that supports additional parking, storage, and tenant access.
The property is situated within LARD3-1-HPOZ zoning, located in a Historical Preservation and Opportunity Zone. It offers convenient access to major local destinations, with direct access to the 5, 110, and 2 freeways and nearby bus transit connecting the neighborhood to throughout Los Angeles.
Recent updates were completed in two units, including new plumbing, electrical, AC, and washer/dryer hookup improvements. The rear building abuts an alleyway and uses a separate rear lot that supports additional parking, storage, and tenant access.
The property is situated within LARD3-1-HPOZ zoning, located in a Historical Preservation and Opportunity Zone. It offers convenient access to major local destinations, with direct access to the 5, 110, and 2 freeways and nearby bus transit connecting the neighborhood to throughout Los Angeles.
Key Highlights
- 6‑unit multifamily property in two separate buildings with 4,644 SF rentable area on an 8,014 SF lot
- Built in 1947 with a unit mix of 1-, 2-, and 3‑bedroom layouts; 3‑bedroom unit available for potential owner occupancy
- Individually metered units with on‑site parking for each tenant
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FAQs
What type of property is this?
Apartment building - Six residential units in two buildings built in 1947, with individual metering and on-site parking for tenants.
Where is this apartment building located?
The property is located at 2221 Griffin Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 6‑unit multifamily property in two separate buildings with 4,644 SF rentable area on an 8,014 SF lot; Built in 1947 with a unit mix of 1-, 2-, and 3‑bedroom layouts; 3‑bedroom unit available for potential owner occupancy; Individually metered units with on‑site parking for each tenant