3374 Griffin Ave, Los Angeles, CA 90031
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3374 Griffin Ave Los Angeles, CA 90031

$900,000
  • 2 Beds
  • 2 Baths
  • 2,673 Sq.Ft.
For Sale
$900,000 Get Pre-Qualified

Map preview of 3374 Griffin Ave, Los Angeles, CA 90031

Property Overview: 3374 Griffin Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 2,673 living square feet and 8,358 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Mixed-use opportunity boasts a unique blend of commercial and residential spaces, making it an ideal investment opportunity for those seeking a versatile property in a prime location. On the ground level, there is a neighborhood market with a small warehouse. The upper floor of the property consists of two spacious residential units, each with one bedroom/one bath. The property is conveniently located just steps away from the Heritage Square Gold Line Station, providing easy access to downtown Los Angeles and beyond. It is also located near a variety of shops, restaurants, and other amenities, making it an ideal location for both commercial and residential tenants. Don't miss out on this fantastic investment opportunity!

Listed by JONATHAN HUA | BRE #01485938 | MANREALTY.COM
Last checked: 7 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 140
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,358
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
WS23216717
City
Los Angeles
County
Los Angeles
Time on Site
162 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $800
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: --
  • Actual Rent: $2,000
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,000
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,400
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,805

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Property Details for 3374 Griffin Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 5207021001
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Intersection of E Ave 35 and Griffin Ave
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Sale History for 3374 Griffin Ave

Last sold on August 27th, 2009
  • November, 2023

  • Nov 27, 2023

    Date

    Active

    CRMLS: WS23216717

    $999,999

    Price

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: WS23071582

    $999,999

    Price

  • Apr 27, 2023

    Date

    Active

    CRMLS: WS23071582

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2023

  • Mar 7, 2023

    Date

    Expired

    CRMLS: PW22197933

    $1,155,000

    Price

  • Sep 13, 2022

    Date

    Active

    CRMLS: PW22197933

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use opportunity, store and residential units. Currently used as a grocery store with a small warehouse and two residential units. The two upstairs residential units are each one bedroom/one bathroom. This building is located just a short distance from downtown Los Angeles and offers a great investment opportunity.

  • August, 2009

  • Aug 27, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3374 Griffin Ave

Assessed Value (2020): $39,846
Year Land Value Improved Value Assessed Value
2020 $17,904 $21,942 $39,846

Home Value Compared to the Market

This property vs the competition

3374 Griffin Ave is listed 27.13% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $336.7 per/sqft which puts the price per square foot 56.5% lower than the median price per square foot for the city of Los Angeles.

About 3374 Griffin Ave

Detailed summary of property

3374 Griffin Ave is a mixed use located in Los Angeles, CA 90031 and is currently for sale. This mixed use property offers 2 bedrooms, 2 bathrooms, roughly 2,673 living square feet, and sits on an approximately 8,358 square foot lot. 3374 Griffin Ave was first listed on ArdentRealEstateGroup.com on November 27, 2023. The homeowner is currently asking $900,000 and was originally asking $999,999. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 27.13% lower than the median priced home. Local competing homes currently for sale include 5414 E Beverly Blvd, 5718 E Beverly Blvd and 564 S Sadler Ave. While the average home in Los Angeles, CA is selling in 94 days, 3374 Griffin Ave has a days on market of 140 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3374 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 3374 Griffin Ave

Public county record property details
Beds
--
Baths
--
Year built
1907
Sq. Ft.
2,673
Lot Size
8,357
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,4
APN
5207-021-001

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
$850,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
33
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.