2614 Griffin Avenue, Los Angeles, CA — listing photo 1
1 / 18
FOR SALE

2614 Griffin Avenue

Los Angeles, CA 90031
13,455 Lot Sq Ft
Built 1970
$3,880,000

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1970
Lot size
13,455 sq ft
Parking
19 spaces
Carport
19 spaces
Stories
3
Days on market
214
MLS status
Active

Features & Amenities

Appliances

  • Free Standing Range
  • Water Heater

Parking

  • Carport
  • One Space
  • Uncovered

Pool

  • None

Lot

  • Twenty One To Twenty Five Units Acre

Community, Schools & Utilities

Community

View
None

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Electric
Standard
Water
Public
Sewer
PublicSewer
Browse more homes for sale in Los Angeles

Location & Neighborhood

2614 Griffin Avenue

Los Angeles, CA 90031

Frequently Asked Questions About 2614 Griffin Avenue

Property type: Residential Income

The current asking price is $3,880,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2614 Griffin Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1970. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 214 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Enquiry form loads as you reach this section.

Listing Agent

Name: ANDY DENG
MLS ID: W73296

Available property

$3,880,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.