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Listed by: ANDY DENG (626) 448-6666 DRE #01297692 | DENGO INVESTMENT INC. (626) 448-6666
$3,880,000
Monthly Est:$19,312
1 Bed
1 Bath
14,359sqft
2614 Griffin Ave, Los Angeles, CA 90031
$3,880,000
$19,312/moEst:
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Apartment
Built in 1970
$-- HOA
13,455 sqft lot
$270/sq.ft
Description
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: August 31, 2026 at 5:48 pm
- Source: California Regional MLS-CA | MLS#: WS26018859
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1970
HOA Fees
-
Finished Area
14,359 sqft
Lot Size
13,455 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
WS26018859
MLS Status
Active
Days on Market
261
Cumulative Days on Market
214
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Sewer
Public Sewer
Heating
Wall Furnace
Flooring
Tile
Cooling
Wall Window Units
Window Features
Screens
Appliances
Free Standing Range, Water Heater
Construction
Year Built
Year Built: 1970
Home type
Apartment
Roof
Flat
Utilities & Energy
Water Source
Public
Pool Features
None
Electric
Standard
Parking Features
Carport, One Space, Uncovered
Fireplace Features
None
Laundry Features
Common Area
Utilities
Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
Other Features
Lot Features
Twenty One To Twenty Five Units Acre
Community Features
Urban
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
01/29/2026 Source: | Listed for Sale | $3,880,000 $270/sqft |
Lincoln Heights Ranks #195 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 02:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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