The Fitzburgh Realty Team - Glassell Park Real Estate - Northeast Los Angeles Realtor
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JUST LISTED - Great three unit investment property with mountain views!

7/7/2016

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3608 Griffin Ave.
Montecito Heights, CA 90031
List Price: 
$689,000
​
Property Details:
  • 3 unit property
  • 6 bedroom (2 bedrooms per unit)
  • 3 bathroom (1 bathroom per unit)
  • 1,848 sq.ft. living space
  • Lot: 7,501 sq.ft.  
  • Year Built: 1924
  • Spanish style
  • Easy access to freeways and downtown Los Angeles
  • Beautiful mountain views
  • Renovated rear Spanish cottage
  • Large property
  • Great investment property - GRM 12.5
  • Excellent Rents
    Unit 1: $1,550 (2 bedrooms + 1 Bathroom)
    Unit 2: $1,495 (2 bedrooms + 1 Bathroom)
    Unit 3: $1,700 (2 bedrooms + 1 Bathroom)

​WOW! Beautiful and well maintained Spanish style property. Front building is a duplex - each side-by-side unit has 2 bedrooms + 1 bath. In the rear is a Spanish cottage with 2 bedrooms + 1 bath. Large property nestled at the base of Montecito Heights. Great views of surrounding mountains. Easy access to major freeways and Downtown Los Angeles. With today's low interest rates and a 20% down payment, your total monthly housing costs would be ~$3,477. You can collect the rent for all three units ($1,550 + $1,495 + $1,700) and a positive cash flow of $1,268/month. AND if you live in the back unit, you pay only ~$432 while your tenants pay the rest of your mortgage.​
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5 Star Realtor in Montecito Heights, CA!
Brian Fitzburgh
818-571-9712
Find out what makes us so GREAT!
Check out our reviews on Zillow!
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 REACH OUT to BRIAN and ZACH DIRECTLY
Brian Fitzburgh, Broker/Owner
Cell: (818) 571-9712
Office: (424) 625-0747

[email protected]
Zach Gaither
Real Estate Agent / Buyer Specialist
Cell: (239) 265-2438
[email protected]
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  • Home
  • About Us
    • Fitzburgh Realty Team >
      • Juan Loza Handyman
    • Brians Resume | Sellers
    • Brians Resume | Buyers
    • Testimonials
    • Upcoming Events
  • RE Videos
  • Search Homes
  • Homes Fur All
    • Explore NELA >
      • Glassell Park
    • News
    • Super A Test
    • Bark & Meow Fan Club
    • Concerts in the Park
    • Eagle Rock Bark >
      • ERB Walk At The Bark
      • Eagle Rock Bark 2017
      • Eagle Rock Bark 2018
      • Eagle Rock Bark 2019
    • Glassell Bark >
      • GB Walk At The Bark
      • Glassell Bark 2017
      • Glassell Bark 2018
      • Glassell Bark 2019
    • Glassell Park Easter Egg Hunt
    • GLASSELL PARK TREE LIGHTING >
      • XMAS TREE LIGHTING 2017
      • XMAS TREE LIGHTING 2018
    • Growing Caring Sharing News
    • 4 Weeks 4 Life
    • Fostering Resources
    • Pet Food Drive
    • Pet Resource Guide
    • Pet Adoption Hall of Fame
    • Spread The Word
    • Super Party >
      • Super Party Photos
  • Resources
    • LA Wildfire Resources >
      • Temporary Housing
    • Brian' s Crystal Ball >
      • Brian' s Crystal Ball Appetizer
      • Brian' s Crystal Ball 1st Main
      • Brian' s Crystal Ball 2nd Main
      • Brian' s Crystal Ball Dessert
      • Furball Challenge
    • First Time Homebuyers >
      • Credit Score
      • Down Payment
    • Get Your Loan Pre-Approval
    • Request a Free Market Analysis
    • Mortgage Calculator & Rates
    • How Much House Can I Afford
    • Real Estate Market Trends
    • Neighborhood Search Tools
    • MLS Activity Alert
    • Client Documents & Calendar
    • FAQ
  • Brian's Blog
  • Contact us
    • Coverage Area