For sale

Listed by: DENGO INVESTMENT INC. • ANDY DENG • Contact: 626-589-5008

$3,880,000

2614 Griffin Ave, Los Angeles, CA 90031

24beds

24baths

14,359sqft

$26,109/mo

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Multi Family

Built in 1970

-- sqft lot

$-- Zestimate^®

$270/sqft

$-- HOA

What's special

Elevator-served buildingOne-bedroom one-bath unitsClassic courtyard-style layoutRecently replaced roof

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.

185 days

53

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 24

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Free-Standing Range, Water Heater
Laundry: Common Area

Features

Flooring: Tile
Windows: Screens
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 14,359
Total interior livable area: 14,359 sqft

Property

Parking

Total spaces: 19
Parking features: Carport, One Space, Uncovered
Carport spaces: 19

Features

Levels: Three Or More
Stories: 3
Entry location: Griffin
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: None

Lot

Size: 0.31 Acres
Features: 21-25 Units/Acre

Details

Parcel number: 5206009017
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Roof: Flat

Condition

New construction: No
Year built: 1970

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Available, Water Available

Community & HOA

Community

Features: Urban

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $270/sqft
Date on market: 1/29/2026
Cumulative days on market: 185 days
Listing terms: 1031 Exchange
Total actual rent: 354206
Tenant pays: Electricity

Estimated market value

Not available

Estimated sales range

Not available

$1,903/mo

Price history

Date	Event	Price
1/29/2026	Listed for sale	$3,880,000$270/sqft
Source: CRMLS #WS26018859 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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