$1,390,000
SOLD NOV 15, 2018

1936 Griffin Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood
10 Beds
8 Baths
5,220 Sq Ft
7,787 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

13% Below List Price

50 Days on Market

About This Home

As of November 2018

We are pleased to present an eight unit multifamily property located at 1936 Griffin Avenue, in Los Angeles, California. Situated on the east side of Griffin Avenue and just north of North Main Street, this property is well-positioned in a strong rental pocket of Lincoln Heights.The subject property, built in 1949, hosts a streamlined unit mix of six (6) one bedroom/one bathroom units, and two (2) two bedroom/one bathroom units. One of the two bedroom units will be delivered vacant. The offering provides ample on-site parking for its tenants, as well as close proximity to the 5 and 10 Freeways. Located directly on Griffin Avenue, this building has excellent frontage on a main thoroughfare through Lincoln Heights.This offering presents an excellent opportunity for an investor to acquire an asset with large upside in rental potential, in the up-and-coming market of Lincoln Heights.

Last Agent to Sell the Property

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 04/25/2018

Last Buyer's Agent

Matthew Paul

Rodeo Realty License #01394372

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,787 Sq Ft Lot

Parking

  • 7 Parking Spaces

Interior Spaces

  • 5,220 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5210-017-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5220
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 292.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 7

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 163716
  • Assessed Land Value: 491152
  • Assessor Parcel Number: 5210-017-012
  • Geocode Override: No
  • Lot Size Area: 7787

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.53
  • Number Of Units: 8
  • Total Annual Expense: 35788
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $1,390,000 -8.9% $266 / Sq Ft
05/11/2018 05/11/18 Price Changed $1,525,000 -4.7% $292 / Sq Ft
04/25/2018 04/25/18 For Sale $1,600,000 +24.5% $307 / Sq Ft
06/18/2017 06/18/17 Sold $1,285,000 +0.8% $246 / Sq Ft
03/03/2017 03/03/17 For Sale $1,275,000 -0.8% $244 / Sq Ft
02/09/2017 02/09/17 Off Market $1,285,000 -- --
01/18/2017 01/18/17 For Sale $1,275,000 +105.6% $244 / Sq Ft
05/28/2014 05/28/14 Sold $620,000 +30.5% $119 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $475,000 -- $91 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Tuvia

    Seller's Agent in 2018

    Jason Tuvia

    Marcus & Millichap

    (818) 212-2700

    1 in this area

    110 Total Sales

    Jason Tuvia
    Section Image
  • Matthew Paul

    Buyer's Agent in 2018

    Matthew Paul

    Rodeo Realty

    (310) 499-3579

    38 Total Sales

    Matthew Paul
    Section Image
  • Sam Grayeli

    Seller's Agent in 2017

    Sam Grayeli

    BRC Advisors- BH

    (310) 995-4650

    2 Total Sales

    Sam Grayeli
    Section Image

  • D

    Seller's Agent in 2014

    Dan Kolodziejski

    Clement Partners Real Estate

    (310) 502-0600

    1 Total Sale

    Dan Kolodziejski
    Section Image

  • C

    Buyer's Agent in 2014

    Chris Creed

See All Agents

Map

Source: The MLS

MLS Number: 18-337302

The MLS
California Los Angeles County Los Angeles 90031 Lincoln Heights

1936 Griffin Ave, Los Angeles, CA

This home is located at 1936 Griffin Ave, Los Angeles, CA 90031 and is currently priced at $1,390,000, approximately $266 per square foot. This property was built in 1949. 1936 Griffin Ave is a home located in Los Angeles County with nearby schools including Griffin Avenue Elementary School, Florence Nightingale Middle, and Abraham Lincoln High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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