1927 Griffin Avenue, Los Angeles, California image 1
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1927 Griffin Avenue

Los Angeles, CA 90031
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$2,100,000 $8,853/Mo
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Bed 1

Bed

Bath 2

Bath

SqFt9,902

Sqft(Lot)

Take a look at this this unique opportunity positioned in the heart of Lincoln Heights. One of Los Angeles' fastest-evolving urban neighborhoods, this 15-unit apartment community presents investors with an exceptional opportunity to acquire a well-located multifamily asset in a high-demand rental corridor. Situated just minutes from Downtown Los Angeles, the property benefits from strong tenant demand driven by its proximity to major employment centers, transportation hubs, educational institutions, and ongoing neighborhood revitalization. This building offers investors the opportunity to capitalize in a submarket experiencing increasing investment activity and redevelopment. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildi ngs with an estimated 48% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or take advantage of the plans to build 3- ADU’s the existing ownership has! The properties attractive layout and size create for an ease of management as well as no on-site manager. All units are individually metered for Gas/ Electricity, and the property has onsite laundry. With Lincoln Heights’ proximity to DTLA, it allows for tremendous upside in rents and appreciation. This building has an attractive price per unit, and substantial upside, will be a great addition to any portfolio! Whether operated as a stable income-producing asset or repositioned through strategic unit upgrades, the property presents significant potential for revenue enhancement and long-term appreciation. Lincoln Heights continues to attract residents seeking affordable alternatives to Downtown, Echo Park, and Highland Park while remaining connected to the region's economic core. The property's central location provides convenient access to the I-5, I-10, 101, and 110 freeways, as well as Metro transit services, creating a compelling advantage for commuters and working professionals.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,100,000

AD Id : 89244159

MLS Id : AR26172939

Beds : 1

Lot Size : 9,902 Sqft

Year Built : 1946

Garage : 8

County : Los Angeles

  • Map Map

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Feature Features

  • Building Information

    Year Built: 1946
    Building Area Total: 6764
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 9902 Lot Size Acres: 0.2273 Lot Size Source: Assessor Lot Size Square Feet: 9,902

  • Listing Price Information

    Listing Price: $2100000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5210012012 Tax Lot: 9 Tax Block: 14

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 8 Driveway, None

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Location Information

    Direction: South of Broadway and North of Main WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 14:42

MLS: AR26172939 LISTED BY: Justin McCardle, Growth Investment Group Pasade 626-594-4900 SOURCE: CRMLS

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