Property Details
About this Property
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. With approximately 40% rent upside while maintaining in-place stable income, this is an exceptional value-add investment opportunity.
MLS Listing Information
MLS #
CRWS26018859
MLS Source
California Regional MLS
Days on Site
2
Interior Features
Appliances
Oven Range
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Flat
Parking, School, and Other Information
Garage/Parking
Carport, Parking Area, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2614 Griffin Ave is a Residential Income in Los Angeles, CA 90031. This – square foot property sits on a 13,455 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,880,000 and was built in 1970. This address can also be written as 2614 Griffin Ave, Los Angeles, CA 90031.
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This listing information is up-to-date as of January 29, 2026. For the most current information, please contact ANDY DENG
