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14,359 sqft

$3,880,000

2614 Griffin Avenue, Los Angeles CA, 90031

Price per sqft$270.21
Built in1970
Property size14,359 sqft
Property typeCondominium
Listed by ANDY DENG CA DRE# 01297692 with DENGO INVESTMENT INC. 626-589-5008

Overview

Active

Listed Jan 29, 2026

Updated 2 weeks 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
WS26018859

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by ANDY DENG CA DRE# 01297692 with DENGO INVESTMENT INC. 626-589-5008

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/1/2026. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/1/2026 at 2:20 PM UTC Last Checked: 2:20 PM UTC

 

 

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