2614 Griffin Avenue, Los Angeles, CA 90031

Los Angeles
Local realty services provided by:ERA Donahoe Realty
2614 Griffin Avenue,Los Angeles, CA 90031
$3,880,000
  • 1 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andy deng
Office: dengo investment inc.
MLS#:WS26018859
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,880,000

About this home

Dont miss this󠃍󠂏󠃢󠂁󠂠󠃢󠂁󠂠󠃢󠂁󠂢󠃢󠂁󠂢󠃳󠂠󠂀󠂠 rare opportunity to acquire a stable income-producing property with significant upside. This 24-unit apartment building is located in the prime Lincoln Heights area and consists entirely of one-bedroom, one-bath units in a classic courtyard-style layout. The elevator-served building is easily convertible to senior living use and is situated in a high-demand rental market with a very low vacancy rate. Major capital improvements have already been completed, including a full seismic retrofit and a recently replaced roof. The property offers a low cost per unit and is first time on market in over 20 years. Existing assumable loan with an attractive 3% interest rate. Approximately 40% rent upside while maintaining in-place stable income, this is an exceptional value-add investment opportunity.

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Home facts

  • Listing ID #:WS26018859
  • Added:239 day(s) ago
  • Updated:September 26, 2026 at 01:51 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:3 Story

Finances and disclosures

  • Price:$3,880,000
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