About 2614 Griffin Avenue
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.
Features of 2614 Griffin Avenue
| MLS® # | WS26018859 |
|---|---|
| Price | $3,880,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Lot Size | 13,455 |
| Year Built | 1970 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 24 |
Community Information
| Address | 2614 Griffin Avenue |
|---|---|
| Area | 677 - Lincoln Hts |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90031 |
Amenities
| Utilities | Water Available, Electricity Connected, Natural Gas Connected, Sewer Available |
|---|---|
| Parking Spaces | 19 |
| Parking | Carport, One Space, Uncovered |
| Garages | Carport, One Space, Uncovered |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Appliances | Free-Standing Range, Water Heater |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 3 |
| Stories | Three Or More |
Exterior
| Lot Description | TwentyOneToTwentyFiveUnitsAcre |
|---|---|
| Windows | Screens |
| Roof | Flat |
Additional Information
| Date Listed | January 24th, 2026 |
|---|---|
| Days on Market | 222 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Andy Deng |
|---|---|
| Office | DENGO INVESTMENT INC. |