1927 Griffin Avenue Los Angeles, CA ^$ 2,250,000

1927 Griffin Avenue

^$ 2,250,000

Back to search

1927 Griffin Avenue

Los Angeles, CA, 90031

^$ 2,250,000

Studio Baths1.0 Sq 6,764

Monthly Estimate*

^$ 14,037

Listed by Growth Investment Group Pasade

View a Virtual Tour

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,250,000 with 1 full bath. This 6,764 square foot home was built in 1946 on a lot size of 0.2273.

Take a look at this! 15-unit VALUE-ADD apartment building centrally located in the Lincoln Heights neighborhood of Los Angeles. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 66% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or create significant value with ADU’s (buyer to verify). 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!

Multi-Family Active

Price

^$ 2,250,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2273

Year Built

1946

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR25026296

Days on Market

322

Features

General

Sewer Public Sewer

Zoning LARD2

Garage Spaces 8

Pool Features None

Year Built 1946

Property Subtype Apartment

Gross Income 199737

Community Features Sidewalks Urban

County Los Angeles

Net Operating Income 100313

Operating Expense 93431

Insurance Expense 10348

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions South of Broadway on Griffin

City Los Angeles

Entry Location Street

Senior Community Y/N 0

Number Of Units Total 15

MLS Area 677 - Lincoln Hts

Lot Size Units Square Feet

Lot Size Square Feet 9902

Listing Terms Cash Cash to New Loan

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 1258

Fuel Expense 1729

Trash Expense 9258

Water Sewer Expense 31239

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 9

Property Sub Type Additional Apartment

Cap Rate 4.46

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Garage

Water Source Public

Total Parking 8

Lot Size Area 9902

Number of Buildings 3

Building Area Total 6764

Lot Size Acres 0.2273

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 16

Number of Separate Electric Meters 16

* Excluded Features

List By

Growth Investment Group Pasade

Broker

justin@growthinvestmentgroup.com

Affordability Calculator

$14,037

Per Month

Monthly Principal & Interest: $14,037
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,585

Percent of Sale Price 15%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,250,000		Listed Price

Map

More homes like this one

homes for you

See all

1927 Griffin Avenue, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $2,250,000 with 6,764 sqft and a lot size of 0.2273. 1927 Griffin Avenue is a studio with 1.0 baths and was built in 1946. The property's zip code is 90031 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1927 Griffin Avenue

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home