4547 Griffin Avenue

Los Angeles, CA 90031

$1,785,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1922

calendar_month Built

Property Description

Prime Location – Versatile Income Property in Montecito Heights! Located in the highly desirable Montecito Heights neighborhood near Downtown, Monterey Hills, and South Pasadena, this income-generating property offers both convenience and tranquility. Within walking distance to Walnut Forest Hiking Trail, where you can enjoy a beautiful scenic hike with breathtaking views. The trail is slightly hilly with shaded areas, and at the top, you'll find a peaceful pond surrounded by turtles, diverse bird species, wildlife, and lush nature, including vibrant flowers, trees, and various plants. Nestled in a quiet area near a nature park with additional scenic hiking trails, this property is an ideal opportunity to live in one unit while renting out the others. The property consists of two separate buildings, with all units thoughtfully remodeled, including updated kitchens, bathrooms, flooring, windows, fresh paint, and central A/C. Upgrades include 10 closets, 22 installed windows, and wiring electric for the back unit. Back Unit: A private single-family dwelling featuring 3 bedrooms, 2 bathrooms, and a patio. Front Unit – 1st Floor: A 2-bedroom, 1-bathroom unit with a serene nature view. Remodeled about a year ago, it will be delivered vacant at the close of escrow. This unit also comes with a private 1-car garage equipped with an electric vehicle charger. Front Unit – 2nd Floor: A spacious 4-bedroom, 2-bathroom unit, also offering beautiful views. Additional features include a total of 3 garages, onsite parking for three cars, and a coin-operated laundry generating approximately $150 per month in extra income. Don't miss this incredible investment opportunity in a sought-after location!

Listing Information

List Price $1,785,000
Status Active
MLS PW25028728
Type Residential Income
Subtype Triplex
Year Built 1922
Lot Size 7,517
Structure Size N/A
DOM 1
Courtesy Of Coldwell Banker Best Realty
Listing Agent Youngsil Kim DRE#01865790

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Maps

Listing information courtesy of: Youngsil Kim, Coldwell Banker Best Realty 213-700-3709. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 9th, 2025 at 7:34 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.