2614 Griffin Avenue, Los Angeles, CA 90031
Local realty services provided by:CENTURY 21 Affiliated
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.
Contact an agent
Home facts
- Listing ID #:WS26018859
- Added:93 day(s) ago
- Updated:May 03, 2026 at 01:58 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
New listings near 2614 Griffin Avenue
- New
$650,000Active2 beds 1 baths1,014 sq. ft.201 W 50th, Los Angeles, CA 90037
MLS# RS26093323Listed by: HOMESMART REALTY GROUP - New
$525,000Active3 beds 2 baths1,266 sq. ft.243 E 79, Los Angeles, CA 90003
MLS# SB26095840Listed by: NEW BEGINNING REALTY CENTER - New
$1,865,000Active5 beds 4 baths3,368 sq. ft.4261 Palmero Boulevard, Los Angeles, CA 90008
MLS# 26828715Listed by: PACIFIC PLAYA REALTY - New
$300,000Active0.14 Acres3144 Johnston Street, Los Angeles, CA 90031
MLS# CV26092125Listed by: HERMAN LEE, BROKER - Coming SoonOpen Sat, 12 to 3pm
$695,000Coming Soon-- beds -- baths1328 S Record, Los Angeles, CA 90023
MLS# PF26095820Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$1,550,000Active12 beds 5 baths4,062 sq. ft.6927 Remmet, Canoga Park, CA 91303
MLS# SR26093202Listed by: ENABL REALTY - New
$700,000Active6 beds 4 baths2,607 sq. ft.1006 S Concord, Los Angeles, CA 90023
MLS# TR26093858Listed by: EXP REALTY OF CALIFORNIA INC - New
$300,000Active0.14 Acres3150 Johnston Street, Los Angeles, CA 90031
MLS# CV26092117Listed by: HERMAN LEE, BROKER - New
$3,995,000Active4 beds 4 baths3,409 sq. ft.2601 Outpost Drive, Los Angeles, CA 90068
MLS# 26828633Listed by: THE BEVERLY HILLS ESTATES - New
$499,000Active0.12 Acres1766 Silverwood Ter, Los Angeles, CA 90026
MLS# 26816679Listed by: CORE REALTY, INC.