2525 GRIFFITH Avenue, Los Angeles, CA 90011 (MLS # 18413480)

Price $1,099,000
Status Active
Beds 0
Baths 0 bath
Home size 5,116 sq ft
Lot Size 7,496 sqft
Days on Market 10
On offer is a mixed-use property south of Downtown Los Angeles. This corner to alley lot consists of a retail space (currently inhabited by a liquor store) and three houses. A stone's throw to the Staples Center and the University of Southern California, this income property is situated close to entertainment, dining, nightlife, public transportation, the 10 and the 110 freeways. With the R3 Tier 3 zoning, this 7,497.5 sf lot has future development potential as well. Current low rents and a retail lease with under two years (with a 5 year option - option at FMV with a cancellation clause if property is sold), there is tremendous room for growth. Buyer to verify all information, including square footage.
Property Type(s): Residential Income
Last Updated 12/6/2018 Year Built 1925
Community C42 - Downtown L.A. County Los Angeles

Additional Details

AIR See Remarks
AREA C42 - Downtown L.A.
GARAGE Uncovered
LOT 7497 sq ft
ZONING R3-1 Tier 3



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Listing provided by : Dario Svidler CalDRE: 01884474, Compass

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