Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by DENGO INVESTMENT INC., ANDY DENG, Listing Contact: [email protected]

$3,880,000

2614 Griffin AVE, Los Angeles CA, 90031

Price per sqftN/A
Built in1970
Property typeMulti-family

Overview

Active

Listed Jan 29, 2026

Updated 9 days ago

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.

$25,814/mo

Est. mortgage payment based on a $3,880,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRWS26018859

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres
MLS provider logo

Listed by DENGO INVESTMENT INC., ANDY DENG DRE:01297692,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Woodruff | Miller - The Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Woodruff | Miller - The Team are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 1:29 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence