2525 GRIFFITH Avenue

Los Angeles, CA 90011

| 7498.00 SQ/FT

Offered at $1,199,000

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.

Additional Information

Property Type: Residential Income, | Status: Active | Year Built: 1925 | MLS#: 19456192 | Stories: 2 | Acres: 0.172100 | Lot Size: 7498.00 | Building Size: 5116 | Pool: No

Based on information from California Regional Multiple Listing Service, Inc. as of April 25, 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.

Listing Courtesy of Svidler Dario, Compass