4017 Griffin Ave, Los Angeles, CA 90031
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$ 715,000
Est. payment | /mo

2 Beds

2 Baths

1,600 SqFt


Save
$ 715,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $446

MLS Listing ID 26102238

Bedrooms 2

Year Built 1924

Lot Size 5,844 Sqft

Acres 0.1342

Property Sub-Type Multi-Family

Property Description

Montecito Heights Duplex | Value-Add Opportunity Welcome to 4017-4019 Griffin Avenue, a charming duplex in the coveted Montecito Heights neighborhood of Northeast Los Angeles, known as the "Wilderness in the City" for its rolling hills, Craftsman architecture, and sweeping views of the Arroyo Seco, Downtown LA, and the San Gabriel Valley. This well-positioned property blends classic character, income potential, and an immediate value-add opportunity.The duplex features two units, each approximately 800 square feet, currently configured as 1 bedroom / 1 bath. The vacant unit offers exceptional upside: the seller has professionally designed plans to remodel and convert the interior into a desirable 2 bedroom / 1 bath layout dramatically increasing rental appeal and future cash flow. Perfect for investors seeking stronger income, or owner-users wanting to live in one unit while renting the other. A shared driveway leads to private parking behind the units, plus two detached one-car garages in the rear a rare convenience in this hillside community. Situated within a Historic Preservation Overlay Zone (HPOZ), the property carries the timeless character that makes Montecito Heights one of NELA's most distinctive and fast-appreciating pockets, with the freedom to thoughtfully update and improve.Enjoy a lifestyle minutes from Ernest E. Debs Regional Park, Heritage Square Museum, the Arroyo Seco trails, and the trendy dining and culture of Highland Park, Mount Washington, and Lincoln Heights with Downtown LA just a short drive away. 4017-4019 Griffin Avenue is more than a duplex it's a smart acquisition in one of Los Angeles' most authentic and scenic neighborhoods. Bring your vision, implement the 2-bedroom conversion, and make this value-add gem your own.

Location

State CA

County Los Angeles

Area Montecito Heights

Zoning LARD3

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling Swamp Cooler(s)

Equipment Ceiling Fan

Exterior

Parking Features Detached

Pool None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Foundation None

Water Meter on Property

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by VIP Realty California, PC

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4017 Griffin Ave