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$3,880,000
2614 Griffin Avenue, Los Angeles, CA 90031
1Beds
1Baths
39Days Listed
Listed by ANDY DENG, DENGO INVESTMENT INC. | 626-589-5008 | MLS# WS26018859
About This Property
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.
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 1
- Bathrooms
- 1
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Original Price
- $3,880,000
- MLS Number
- WS26018859
Location & Neighborhood
What's nearby 2614 Griffin Avenue, Los Angeles, CA 90031
Nearby Schools
- Los Angeles Leadership Academy0.1 mi
elementary
- School of the Little Flower0.4 mi
elementary
- Los Angeles Leadership Academy0.4 mi
elementary
Parks & Recreation
- Ela Park0.2 mi
park
- 0.3 mi
- 0.4 mi
Transit Access
- Daly & Avenue 260.2 mi
Bus Stop
- Avenue 26 & Pasadena0.2 mi
Bus Stop
- Daly & Pasadena0.2 mi
Bus Stop
- Griffin & Avenue 310.3 mi
Bus Stop
- Daly & Broadway0.3 mi
Bus Stop
Local Amenities
Other
Grocery
- Big Saver Foods0.3 mi
- Smart & Final Extra!0.3 mi
Dining
- El Huarachito0.3 mi
- Five Star Chinese Food0.3 mi
Pharmacy
- Gateway Circle Pharmacy0.3 mi
Coffee & Cafes
- B Twentyfour0.4 mi
POI data updated 1/30/2026
Last updated: Feb 6, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$3,880,000