Los Angeles, CA 90031,4547 Griffin Avenue
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Los Angeles, CA 90031,4547 Griffin Avenue
Los Angeles, CA 90031,4547 Griffin Avenue
Los Angeles, CA 90031,4547 Griffin Avenue
Los Angeles, CA 90031,4547 Griffin Avenue
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Ken Schwartz

Ken Schwartz

Ken Schwartz Real Estate

+1(858) 500-2195
$ 1,785,000
Est. payment /mo
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4547 Griffin Avenue Los Angeles, CA 90031

9 Beds

5 Baths

7,517 Sqft Lot


UPDATED:

02/10/2025 12:17 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25028728

Bedrooms 9

HOA Y/N No

Lot Size 7,517 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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 $15
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!

Location

State CA

County Los Angeles

Area Los Angeles (90031)

Zoning Public Rec

Building

Story 2

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,100

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Youngsil Kim • Coldwell Banker Best Realty
agent

Ken Schwartz

Broker Associate | License ID: 01854235

+1(858) 500-2195

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