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2525 Griffith Ave, Los Angeles (City)
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.
- MLS® #19456192
- Square Footage5,116
- Year Built1925
- TypeResidential Income
- Parking Spaces3
- Date ListedApril 17th, 2019
- Days on Market38
- ZoningR3-1 Tier 3
- Address2525 Griffith Ave
- AreaDowntown L.A. (C42)
- CityLos Angeles (City)
- CountyLos Angeles
- Zip Code90011
- Interior FeaturesOther
- # of Stories2
- Listing AgentDario Svidler(01884474)
- Listing OfficeCompass
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Last updated on May 25th, 2019 at 12:46pm PDT