2614 Griffin, Los Angeles CA 90031 | $3,880,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 13455 Lot Sq Ft
  • Type: Apartment
  • Stories: 3
  • Year Built: 1970
  • MLS#: WS26018859
  • Community: 677 - Lincoln Hts

Listing provided courtesy of ANDY DENG of DENGO INVESTMENT INC.. Last updated 2026-02-18 09:11:20.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.31 Acres
3 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985