NOT LISTED FOR SALE

2601 Griffin Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $853,000 - $1,240,000

4 Beds
2 Baths
2,146 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $624,500 $291 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,431/month

22 Days on Market

About This Home

As of June 2019

Lincoln Heights charmer, 2 nearly identical 2 br 1 ba units make this either a rental or live in one and rent the other and let the tenant pay your mortgage. Both have 2 parking spaces in back, the units are close enough to be together and far enough apart to be separate. Walking to schools, shopping, transportation. Front unit is occupied by owner, back unit rented. Please do NOT disturb either occupant! Note there are 2 addresses for this property, the front is 2601 Griffin Ave and the back unit is 319 E Avenue 26.

Last Agent to Sell the Property

Bill Gross

eXp Realty of California Inc License #01022275 Listed on: 04/30/2019

eXp Realty of California Inc

Last Buyer's Agent

Charlene Hoang

Re/Max Elite Team License #01975534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,698

Year Built

  • Built in 1901

Lot Details

  • 5,483

Interior Spaces

  • 2,146 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • Uncovered Parking

Additional Features

  • 5,483 Sq Ft Lot
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5206-008-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,698

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2146
  • Probate: No
  • Stories: 1
  • Year Built: 1901
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Electric Dryer Hookup
  • Price Per S Q F T: 293.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 4
  • Parking Garage: Uncovered
  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 42108
  • Assessed Land Value: 120382
  • Assessor Parcel Number: 5206-008-001
  • Geocode Override: No
  • Lot Size Area: 5483

Rental Info

  • Total Actual Rent: 15000.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.20
  • Number Of Units: 2
  • Rent Control: 50
  • Total Annual Expense: 4800
  • Type Of Units: 2/1
  • Vacancy Rate: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Garcia Partida Raul and Partida Paul Garcia
Bought by
Garcia Partida Raul
Current Estimated Value
$1,047,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Outstanding Balance
$425,545
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$621,646

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 14, 2019
Sold by
Hernandez Dolores R and Hernandez John S
Bought by
Partida Raul Garcia
Seller's Agent
Bill Gross
eXp Realty of California Inc
Buyer's Agent
Charlene Hoang
Re/Max Elite Team
List Price
$630,000
Sold Price
$624,500
Premium/Discount to List
-$5,500
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$468,375
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2018
Sold by
Hernandez Dolores R
Bought by
Hernandez Dolores R and Hernandez John S

Purchase Details

Closed on
Mar 12, 2010
Sold by
Hernandez Dolores Rangel and Godinez Juanita
Bought by
Hernandez Pete L and Hernandez Dolores R
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Garcia Partida Raul -- Fidelity National Title
Partida Raul Garcia $624,500 Lawyers Title Company
Hernandez Dolores R -- None Available
Hernandez Pete L -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia-Partida Raul $131,578
Open Garcia Partida Raul $469,000
Closed Partida Raul Garcia $468,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $624,500 -0.9% $291 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $630,000 -- $294 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,698 $696,636 $484,690 $211,946
2024 $8,698 $682,978 $475,187 $207,791
2023 $8,536 $669,587 $465,870 $203,717
2022 $8,149 $656,459 $456,736 $199,723
2021 $8,045 $643,588 $447,781 $195,807
2020 $8,123 $636,990 $443,190 $193,800
2019 $2,463 $169,053 $125,244 $43,809
2018 $5,859 $165,739 $122,789 $42,950
2016 $5,740 $159,305 $118,022 $41,283
2015 $2,190 $156,913 $116,250 $40,663
2014 $2,210 $153,840 $113,973 $39,867
Source: Public Records

Agents Affiliated with this Home

  • Bill Gross

    Seller's Agent in 2019

    Bill Gross

    eXp Realty of California Inc

    (310) 210-0008

    65 Total Sales

    Bill Gross
    Section Image

  • C

    Buyer's Agent in 2019

    Charlene Hoang

    Re/Max Elite Team

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Map

Source: The MLS

MLS Number: 19-459014

The MLS

APN: 5206-008-001

California Los Angeles County Los Angeles 90031 Lincoln Heights

2601 Griffin Ave, Los Angeles, CA

This home is located at 2601 Griffin Ave, Los Angeles, CA 90031 since 30 April 2019 and is currently estimated at $1,047,191, approximately $487 per square foot. This property was built in 1901. 2601 Griffin Ave is a home located in Los Angeles County with nearby schools including Hillside Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

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