2614 Griffin Avenue Los Angeles, CA ^$ 3,880,000

2614 Griffin Avenue

^$ 3,880,000

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Recently Listed

2614 Griffin Avenue

Los Angeles, CA, 90031

^$ 3,880,000

Studio Baths1.0 Sq 14,359

Monthly Estimate*

^$ 23,890

Listed by DENGO INVESTMENT INC.

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,880,000 with 1 full bath. This 14,359 square foot home was built in 1970 on a lot size of 0.3089.

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.

Multi-Family Active

Price

^$ 3,880,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3089

Year Built

1970

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS26018859

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Utilities Electricity Connected Natural Gas Connected Sewer Available Water Available

Roof Flat

Appliances Free-Standing Range Water Heater

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1970

Electric Standard

Tenant Pays Electricity

View None

Levels Three Or More

Property Subtype Apartment

Gross Income 354206

Community Features Urban

County Los Angeles

Net Operating Income 177325

Operating Expense 178822

Insurance Expense 16687

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions North of Broadway

City Los Angeles

Entry Location Griffin

Senior Community Y/N false

Number Of Units Total 24

MLS Area 677 - Lincoln Hts

Lot Size Units Square Feet

Lot Size Square Feet 13455

Carport Spaces 19

Carport Y/N true

Listing Terms 1031 Exchange

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 50345

Fuel Expense 0

Trash Expense 10799

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 19

Total Actual Rent 354206

Property Sub Type Additional Apartment

Interior

Flooring Tile

Fireplace Features None

Total Stories 3

Common Walls 1 Common Wall

Air Conditioning Y/N true

Heating Y/N true

Window Features Screens

Fireplace Y/N false

Laundry Features Common Area

Entry Level 1

Exterior

Fencing None

Parking Features Carport One Space Uncovered

Lot Features 21-25 Units/Acre

Water Source Public

Total Parking 19

Lot Size Area 13455

Number of Buildings 1

Spa false

Building Area Total 14359

Lot Size Acres 0.3089

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 25

Number of Separate Electric Meters 25

* Excluded Features

List By

Dengo Investment Inc.

Broker

andydeng@dengoinvestment.com

Affordability Calculator

$23,890

Per Month

Monthly Principal & Interest: $23,890
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,922,506

Percent of Sale Price 50%

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
1/30/2026	$3,880,000		Listed Price

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2614 Griffin Avenue, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $3,880,000 with 14,359 sqft and a lot size of 0.3089. 2614 Griffin Avenue is a studio with 1.0 baths and was built in 1970. 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 6.25% 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 1/31/2026. 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.

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2614 Griffin Avenue

Multi-Family Home for sale in Los Angeles, CA

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