2240 Griffin Avenue

Los Angeles, CA 90031

$555,000
Last Sold Price
4
Beds
2
Baths
1,486 Sq. Ft.
$373 / Sq. Ft.
1,486
Sq. Ft.
$373
per Sq. Ft.

Description

Duplex in Lincoln Heights. Below market rents. First time on the market in over 50 years. Close to Downtown Los Angeles & U. S. C. Medical Center. Recent improvements include windows, foundation, exterior paint, copper plumbing & new water heater in 2242. Each unit has a private backyard and are individually metered for all utilities. The property is being sold in it's "as is" condition.Duplex in Lincoln Heights. Below market rents. First time on the market in over 50 years. Close to Downtown Los Angeles & U. S. C. Medical Center. Recent improvements include windows, foundation, exterior paint, copper plumbing & new water heater in 2242. Each unit has a private backyard and are individually metered for all utilities. The property is being sold in it's "as is" condition.
  1. Listed by Michael A Salerno • DRE #01212427 • Brokerage DRE #00893163 • Miller & Desatnik Realty Co.

Property Details for 2240 Griffin Avenue

Zoning
LARD2
Parcel Number
5204025030
Total Units
2.0
Living Area
1486
Source Living Area
Vendor Enhanced
Area
Lincoln Heights (677)
Vacancy Rate
0
Lot Size Area
4535

Location

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Sold By Huntington Group, Jack Holwahjian, DRE #01800853

Add your commute
LISTING UPDATED: 01/21/2022 12:36 PM

Property Details for 2240 Griffin Avenue

StatusSold
MLS #19-532218
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.10 AC / 4,535 SF
CountyLos Angeles County

Location

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Sold By Huntington Group, Jack Holwahjian, DRE #01800853

Add your commute

Building Information for 2240 Griffin Avenue

Stories1Residences-Year Built1908Building Size-Lot Size0.10 AC / 4,535 SF

Payment Calculator

$3,630 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,029

Property Taxes

$601

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2240 Griffin Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $24,996
  • Net Operating Income: $13,315.00
  • Gross Income: $24,996
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 11681
  • Tax Expense: $7,140
  • Insurance Expense: $2,541
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 4535
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-22-2019
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,083.00
  • Unit Actual Rent: $1,083.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $35,591.00
  • Assessed Land Value: $50,013.00

Property History for 2240 Griffin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2240 Griffin Avenue

Taxable ValueLand$405,756Additions$171,666Total$577,422
Tax Record2023$7,210 ($601 / month)
Home Facts
Total Finished SqFt1,486 SqFtAbove Grade Finished SqFt1,486 SqFtLot Size4,535 SqFtStyleDuplexYear Built1908ZoningLARD2CountyLOS ANGELESAPN5204-025-030

Schools near 2240 Griffin Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Griffin Avenue Elementary School
PublicK to 5

Excel Charter Academy
Charter6 to 8

Abraham Lincoln Senior High School
Public9 to 12

Woodrow Wilson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Miller & Desatnik Realty Co., Michael A Salerno, DRE #01212427

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.