2319 Griffith Park

  • $1,046,000
Sold Los Angeles, Silver Lake
2319 Griffith Park Blvd. Los Angeles CA 90039
  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 3.79
  • Cap Rate
  • 18.16
  • GRM
  • $331,667
  • Price/Unit
Sold
2319 Griffith Park Blvd. Los Angeles CA 90039
  • $1,046,000

Overview

  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 3.79
  • Cap Rate
  • 18.16
  • GRM
  • $331,667
  • Price/Unit

Description

Sold – off market triplex in the heart of Silver Lake for $50K over asking price

• Sale price $1,046,000
• Owner inherited this Silver Lake triplex – Their family had owned it for over a generation
• Seller attempted to sell the property previously but had not received any real offers
• Family came to Tiao Properties for management as well as brokerage services to sell the property
• Via email blast, Tiao Properties was able to find an off market buyer and immediately was able to get the property into escrow before going on the market
• Seller and Buyer are pleased that the deal came together so quickly at a price that appealed to both parties

Details

  • Property Type: Multifamily
  • Property Status: Sold
  • Property Size: 499 SF
  • Lot Size: 5,756 SF
  • Bedrooms: 2
  • Bathroom: 1
  • Year Built: 1920
  • Price: $1,046,000
  • Number of Units: 3
  • Price/Unit: $331,667
  • GRM: 18.16
  • Price/SqFt: $634.97
  • CAP: 3.79
  • Address 2319 Griffith Park Blvd
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 90039
  • Area Silver Lake

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Will Tiao
  • Will Tiao

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