$3,880,000
2614 Griffin AV
Los Angeles, CA, 90031
Property 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.
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
Price:
$3,880,000
MLS #:
WS26018859
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
677lincolnhts
Listed Date:
Jan 29, 2026
Total Sq Ft:
14,359
Lot Size:
13,455 sqft / 0.31 acres (approx)
Year Built:
1970
Schools
Interior
Appliances
FSR, WHC
Cooling
WW
Flooring
TILE
Heating
WL
Laundry Features
CM
Levels
C
Exterior
Common Walls
_1CW
Community Features
URB
Fencing
NO
Parking Spots
19
Parking Total
19
Roof
FLTR
Spa Features
NO
View
NO
Window Features
SCR
Financial
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Courtesy of DENGO INVESTMENT INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2614 Griffin AV
Los Angeles, CA
