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$3,880,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2614 Griffin Ave

General

  • Price: $3,880,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: WS26018859
  • Updated: 2/6/2026
  • Days on Market: 23 days
  • Added to Site: 23 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Free-Standing Range, Water Heater Central
  • Flooring: Tile

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Carport, Parking Space, Uncovered
  • Parking: Carport, Parking Space, Uncovered

Location

  • Area: 677 - Lincoln Hts
  • County: Los Angeles
  • Development Name: 677 - Lincoln Hts
  • Driving Directions: North of Broadway

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 25
  • # Electric Meters: 25

Structural Information

  • Roof: Flat
  • Windows: Screens
  • Entry Location: Griffin
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 14,359
  • Year Built: 1970

Unit Information

Unit 1

  • Number of Units: 24
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.3089
  • Lot Size (Sq. Ft.): 13,455
  • Lot Size Source: Assessor
  • Lot Description: 21-25 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $270.21
  • Price Per Unit: 161667

Listed by Dengo Investment Inc., ANDY DENG

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Listing agent

— 2614 Griffin Ave —

  • ANDY DENG

    Dengo Investment Inc.

626-589-5008

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2614 Griffin Ave

School District:Los Angeles Unified School District
NameGradesDistance
Gates Street Elementary School
3333 Manitou Avenue, Los Angeles, CA 90031
PK-50.4 mi
Florence Nightingale Middle School
3311 North Figueroa Street, Los Angeles, CA 90065
7-80.9 mi
Abraham Lincoln Senior High School
3501 N. BRd.way, Los Angeles, CA 90031
9-120.5 mi
Woodrow Wilson Senior High School
4500 Multnomah Street, Los Angeles, CA 90032
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2614 Griffin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$3,880,000
218.03%
MLS
6/06/2005
Sold
$1,220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2614 Griffin Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,816
4%
$1,702,959
4%
2023
$22,002
4%
$1,636,926
2%
2022
$21,055
2%
$1,604,877
2%
2021
$20,733
-1%
$1,573,456
1%
2020
$20,917
4%
$1,557,348
2%
2019
$20,158
1%
$1,524,460
2%
2018
$19,922
2%
$1,494,570
2%
2017
$19,470
3%
$1,465,266
2%
2016
$18,895
1%
$1,436,537
2%
2015
$18,641
-1%
$1,414,960
2%
2014
$18,856
—
$1,387,244
—
2013
$18,857
—
$1,380,975
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2614 Griffin Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Dengo Investment Inc., ANDY DENG

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Co-Listed by Ron Holliman (CalRE#: 01161952)

2614 Griffin Avenue, Los Angeles, CA 90031 (MLS# WS26018859) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 2614 Griffin Avenue is currently listed for $3,880,000 and was received on January 29, 2026. Want to learn more about 2614 Griffin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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