2640 Griffith Park Boulevard
Los Angeles, CA 90039
Active Under Contract for $1,200,000
Beds: 2 Baths: 4 Structure Size: 1,876 sqft Lot Size: 4,875 sqft
| MLS | 24454389 |
| Year Built | 1957 |
| Property Type | |
| County | Los Angeles |
| Status | Active Under Contract |
| Active Under Contract | $1,200,000 |
| Structure Size | 1,876 sqft |
| Lot Size | 4,875 sqft |
| Beds | 2 |
| Baths | 4 |
Description
OFFERS DUE DATE - November, 12th by 5pm! Prime Investment Opportunity in the heart of Silver Lake. Super walkable pocket between Hyperion and Griffith Park Blvd, it does not get better than that!!! What a convenience to have Gelson's, Trader Joe's, Starbucks and tons of other businesses literally in your doorstep. Exceptional walkability makes it easy to meet all daily needs, enhancing the property's appeal. Unlock the potential of this multi-family property, zoned C2 (commercial and residential use), located in the most thriving neighborhood experiencing fast-paced development. This well-maintained Mom & Pops property has been owned by the same family since the 1980s, an increasingly rare find, very few left in this area. The building features three attached units. The spacious front unit offers a residential feel with five rooms and 1.5 baths, highlighted by original hardwood floors and large windows that create a bright atmosphere. Could be easily transformed into a retail space, office space or yoga studio, just to name a few ideas. With multiple access points and a charming front porch, this unit is ready for creative reimagining. The two back units are efficient studio apartments, each with a full kitchen and bath, ensuring privacy and comfort. An attached laundry/water heater room provides additional storage space. Parking is streamlined with five assigned spots in the rear of the building. The front unit is currently vacant, while the two studio apartments will be delivered tenant occupied, making this a strategic investment opportunity. This fixer-upper is primed for an investor ready to capitalise on its potential in a vibrant, fast-growing neighborhood. Public records show 1 bed, 4 bath total, number of actual rooms differs. Please note that the property shares a driveway with LA Family school, one of the best pre-schools in NELA. Seize this exceptional chance to enhance your portfolio! All interior photos shown are for unit #2640 (front unit).
Listing information courtesy of: Antonia Pennington, Compass 818-274-4685. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.
Location
Contact a Local Realtor®
Gagik Guy Atakhanian
REALTOR®
Direct: 818.277.6735
Email: Email Me
DRE: 01908198
DRE #01873088
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