2503 Griffin Ave Los Angeles, CA 90031

$--

8 Beds
7 Baths
4,492 Sq.Ft.

Off Market

Map preview of 2503 Griffin Ave, Los Angeles, CA 90031

Property Overview: 2503 Griffin Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 4,492 living square feet and 8,272 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2503 Griffin Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2503 Griffin Ave

Last sold on March 7th, 2012

July, 2023
Jul 6, 2023

Date

Expired

CRMLS: 23244983

$1,099,000

Price
Feb 24, 2023

Date

Active

CRMLS: 23244983

$1,099,000

Price
Listing provided courtesy of CRMLS

4 units located in Lincoln Heights on the corner of Griffin Avenue and Altura Street. This is a Probate Sale with court confirmation. Property is sold together with the property next-door, 5 units - 2825 Altura Avenue (MLS #23-244979 asking price $1,295,000). This is a great value add opportunity with the ability to own a total of 9 units. One unit will be delivered vacant. Large corner lot - 8,274 square feet. The property consists of a 1 bd+1ba house and a triplex with 2 - 1bd+1ba and 1 - 2bd+1ba units. Property is located in an Opportunity Zone. The rents are below market. Just minutes from Downtown Los Angeles and close to Dodger Stadium and Elysian Park. Easy access to the 5 and 110 freeways

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March, 2012
Mar 7, 2012

Date

Sold (Public Records)

Public Records

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Price

Tax History for 2503 Griffin Ave

Assessed Value (2020): $469,355

Year	Land Value	Improved Value	Assessed Value
2020	$288,065	$181,290	$469,355

About 2503 Griffin Ave

Detailed summary of property

2503 Griffin Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90031 and is currently off market. This property has 8 bedrooms, 7 bathrooms, roughly 4,492 living square feet, and sits on an approximately 8,272 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 2801 Jeffries Ave, 427 James St and 3850 Glenalbyn Dr. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 2503 Griffin Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2503 Griffin Ave

Public county record property details

Beds: 8
Baths: 7
Year built: 1987
Sq. Ft.: 4,492
Lot Size: 8,272
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5204-022-015

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$828,000

Median List Price/Sq.Ft.

$566

Median Sold Price

$800,000

Median Sold Price/Sq.Ft.

$638

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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(714) 706-1823

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