2614 Griffin Avenue
Los Angeles, CA 90031
1
Bed
1
Bath
13,455Sqft(Lot)
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 invest
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
-
Interior Features
Roof: FlatAppliances: FreeStandingRange, WaterHeaterLaundry Features: CommonAreaWindow Features: Screens -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits
-
Building Information
Year Built: 1970Building Area Total: 14359Pool Features: NonePrivate Pool: NoView: None
-
Lot Information
Main Square Feet: 13455 Lot Size Acres: 0.3089 Lot Size Source: Assessor Lot Size Square Feet: 13,455 Lot Description: TwentyOneToTwentyFiveUnitsAcre
-
Listing Price Information
Listing Price: $3880000Exchange1031
-
Tax Information
Parcel Number: 5206009017 Tax Lot: 19
-
Virtual Tour
Parking Information
Parking Total: 19 Carport, OneSpace, Uncovered
-
Utility Information
ElectricityConnected, NaturalGasConnected, SewerAvailable, WaterAvailable -
Location Information
Direction: North of Broadway WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2325 Johnston Street, Los Angeles, CA, 90031 | $1,749,000 | 8 | 7 | -- | 9,919 Sqft |
| 1927 Griffin Avenue, Los Angeles, CA, 90031 | $2,100,000 | 1 | 2 | -- | 9,902 Sqft |
Similar Apartment To 2614 Griffin Avenue
Nearby For Sale
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 09/02/2026 @ 17:22
More Cities with for Sale by Owner Homes
- Los Angeles Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Lynwood Homes For Sale By Owner
- Bell Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- View Park Homes For Sale By Owner
- Inglewood Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- City Terrace Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Monterey Park Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Montebello Homes For Sale By Owner
- El Sereno Homes For Sale By Owner
- Lawndale Homes For Sale By Owner
Homes around $3,880,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.