12
See all 12 photos
$2,525,000
Est. payment /mo
9,902 Sqft Lot
Active
1927 Griffin AVE Los Angeles, CA 90031
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25026296
Originating Board California Regional MLS
Year Built 1946
Lot Size 9,902 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Laundry Laundry Area
Exterior
Parking Features Garage
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5210012012
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.
Listed by Justin McCardle • Growth Investment Group Pasade