2900 Griffith Park Boulevard

2900 Griffith Park Blvd, a 3-unit multifamily property situated in prime Los Feliz, one of the most sought-after neighborhoods of Los Angeles. This is the first time the subject property is being offered for sale in more than 20 years which is consistent with this high barrier to entry neighborhood where there is not a lot of turnover. Built in 1932 and 1945, this 2,106 square foot triplex sits on a large 0.19 acre lot and consists of (3) 1 bed / 1 bath units. All three units are occupied and paying an average rent of $2,163 per month which is an estimated 30% below market rents in the area.