2614 Griffin Avenue, Los Angeles, CA 90031
Local realty services provided by:ERA North Orange County Real Estate
2614 Griffin Avenue,Los Angeles, CA 90031
$3,880,000
- - Beds
- - Baths
- 14,359 sq. ft.
- Multi-family
- Active
Listed by: andy deng
Office: dengo investment inc.626-448-6666
MLS#:WS26018859
Source:CRMLS
Price summary
- Price:$3,880,000
- Price per sq. ft.:$270.21
About this home
Don’t 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
- Year built:1970
- Listing ID #:WS26018859
- Added:99 day(s) ago
- Updated:May 09, 2026 at 01:23 PM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Free Standing Range
- Living area:14,359 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Flat
- Year built:1970
- Building area:14,359 sq. ft.
- Lot area:0.31 Acres
- Levels:Three Or More
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,880,000
- Price per sq. ft.:$270.21
Features and amenities
- Appliances:Free Standing Range, Water Heater
- Laundry features:Common Area
Parking
- Total parking spaces:19
- Parking description:19 Carport Space(s), Carport, One Space, Uncovered
- Carport spaces:19
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