2614 Griffin Avenue, Los Angeles, CA 90031
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
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:188 day(s) ago
- Updated:August 06, 2026 at 01:57 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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