Two-Building Multifamily
For Sale
$1,475,000
Pending
2221 Griffin Ave Los Angeles CA 90031, Los Angeles, CA 90031
Six residential units in two buildings built in 1947, with individual metering and on-site parking for tenants.
Property Size4,644 SF
Days on Market110
Property Features for 2221 Griffin Ave Los Angeles CA 90031
General Information
Standard status
Pending
Size
4,644 SF
Property subtype
Residential Income
Building Details
Year Built
1947
Listing Agency:
Pivot Commercial Group
(626) 808-1031
Listed By:
Jonathan Hasbun · License #02254602
(626) 808-1031
Source:
Search.cochranrealestatepros
Added: May 8
Changed: Aug 23
Last Checked: Jul 25 at 2:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pivot Commercial Group
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,912
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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 90031 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
